ST. PETERSBURG, Fla. –Velera, has been listed as a Top 25 solution provider in the 2025 IDC FinTech Rankings.
“The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries,” the company said.
Velera ranked in the Top 25 for the second year in a row, moving up from No. 17 to No. 15 in 2025.
“It is an honor to once again be recognized among the world’s top financial technology companies,” President and CEO Chuck Fagan said in a statement. “This recognition reflects our commitment to delivering the innovation and expertise credit unions need to grow, serve their members and remain competitive in today’s digital-first economy.”
According to the company, the Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and services. These providers supply the technological backbone of the financial services industry – an industry in which IDC forecasts worldwide spending on IT to reach $775 billion by 2028.
‘Betterment of Customers’
Velera and the other organizations featured on the IDC FinTech Rankings Top 25 represent those committed to helping financial services companies successfully execute digital transformation initiatives for the betterment of their customers around the world, it said.
“IDC has been producing the IDC FinTech Rankings for 23 years, providing a list of the largest 150 financial technology providers in the world,” Marc DeCastro, research director at IDC, said in a statement. “The companies on this list provide the innovation necessary to keep the financial services industry at the forefront of providing modern digital experiences, technologies and platforms across all banking, capital markets and insurance organizations.”
The full list can be found here.
