1. Firm Identify: Veloxpays

2. Web site: www.veloxpays.com

3. Key Employees & Titles:

• Md Riaj Uddin – Founder & Managing Director
• Tanzina Ferdouse – Compliance Officer & AML/CTF Reporting Officer
• Satyam Kumar – Head of Partnerships & Enterprise Growth
• Technical & Operations Groups – Protecting engineering, product growth, and settlement operations

4. Location(s):

• Head Workplace: Melbourne, Australia
• Deliberate Consultant Places of work: Dhaka (Bangladesh), Manila (Philippines), and Toronto (Canada) for hall operations & partnerships

5. In a single sentence, what does your fintech do?

Veloxpays offers a safe, quick, and inexpensive cross-border cash switch platform enabling people and companies to ship cash globally with real-time charges, low charges, and full compliance underneath AUSTRAC regulation.

6. How / why did you begin your fintech firm?

We began Veloxpays to simplify and modernize worldwide remittances for the rising migrant and expat neighborhood in Australia. Conventional cash switch companies have been sluggish, expensive, and infrequently lacked transparency. We noticed a possibility to make use of fintech innovation, NPP integration, and direct banking partnerships to ship a greater buyer expertise whereas guaranteeing full regulatory compliance.

7. What’s the smartest thing your organization has achieved or learnt alongside the way in which?

• Efficiently registered as a Remittance Community Supplier (RNP) with AUSTRAC in 2025.
• Secured strategic partnerships with BRAC Financial institution, RemitSo, Tranglo, and different world payout suppliers even earlier than launching.
• Designed a sturdy AML/CTF compliance framework that meets Australian requirements whereas enabling abroad white-label partnerships.
• Discovered the significance of constructing regulatory belief and powerful monetary establishment relationships as the inspiration of a cross-border fee enterprise.

8. What’s some recommendation you’d give to an aspiring start-up?

Concentrate on compliance and buyer belief from day one—in fintech, scaling too quick with out a robust regulatory and operational basis can result in setbacks. Additionally, partnerships are key—collaborating with banks, regulators, and expertise suppliers will provide help to develop sooner and keep aggressive.

9. What’s subsequent on your firm? Are you trying to broaden abroad or keep centered on Australia?

We’re launching in Australia in late 2025 however have already laid the groundwork for:

• Abroad enlargement through white-label companions in Canada, New Zealand, and the UK.
• Direct payout corridors to Bangladesh, Philippines, India, Pakistan, and Africa by way of financial institution and pockets integrations.
• NPP real-time funds and API integrations with main fintech companions to enhance pace and effectivity.

10. What different fintechs or corporations do you admire?

We admire corporations like:

• Clever (TransferWise): for transparency and low charges.
• Revolut: for innovation and ecosystem-building past simply funds.
• Monoova and Zai: for his or her superior real-time funds infrastructure in Australia.

11. What’s essentially the most fascinating or funniest second that’s occurred in your organization’s lifetime?

Throughout early partnership calls, a number of banks mistakenly assumed Veloxpays was already processing hundreds of transactions due to our detailed compliance documentation and progress projections—even earlier than our official launch. It was a enjoyable however proud second that confirmed how critically we have been being taken as a brand new entrant out there.