MELD, the first DeFi, non-custodial, banking protocol, has chosen Velmie, a Fintech software provider, to bring banking to Web3

IN BRIEF:

- MELD and Velmie have joined forces to launch a banking solution with features and capabilities beyond traditional banking touchpoints and platforms

- The solution will be integrated directly with exchanges, smart contracts, digital wallets, and provide key services to improve the Web3 banking experience

- The companies have chosen a tech stack built with Golang due to its reliability and high-performance characteristics

What does this mean?

Ken Olling, CEO of MELD, said: “Meld is bringing crypto and fiat solutions together, we need partners with both experience in these areas and the ambition to take on such challenges. We expect that our collaboration with Velmie will yield a new type of hybrid banking solution; part traditional finance and part blockchain.”