Velotrade to deploy VASCO's e-signature solution for its online receivables marketplace

2017-09-08 08:00 4879

HONG KONG, Sept. 8, 2017 /PRNewswire/ -- Following top U.S. banks and financial services firms, Velotrade has deployed eSignLive™, VASCO's e-signature solution to securely sign and process documents for digital client onboarding and account opening.

eSignLive is the electronic signature solution behind some of the world's most trusted brands. Regulated industries and top analyst firms recognize eSignLive for its ability to balance the highest levels of security, compliance and auditability with ease-of-use to automate any process.

"eSignLive e-signatures made automation and digitization of our services possible. Velotrade is a FinTech with bank grade security," says Gianluca Pizzituti, CEO of Velotrade.

"We have been looking for a system that delivers a secure and legally compliant transaction yet can eliminate the errors and inefficiencies of paper. As a start-up, we would rather spend time interfacing with our clients than diving into endless back office work. 

"By using eSignLive, clients get a better user experience; we can now offer a streamlined process, fast and efficient turnaround time and yet remain compliant. Implementing eSignLive enables Velotrade to compete against traditional financial institutions." 

"Digital onboarding can be challenging given the need for authentication, security and privacy in a digital environment," said VASCO Managing Director for Asia, Daren Leong. "In working with VASCO, Velotrade is taking action to ensure its clients can recognize the benefits of e-signatures and know their documents and data are secure in the digital world."

About Velotrade 

Velotrade is an online marketplace where SMEs get funding by selling their invoices to investors who earn above market yields with attractive risk/return profiles. SMEs are experiencing constrained access to traditional financing: increased regulation and greater capital requirements are compounding the problem. Investors are constantly seeking yield from instruments with low-correlation to traditional asset classes, such as equity, fixed income and real estate. By creating a new asset class Velotrade solves these needs: SMEs can get funding by accessing liquidity provided by a pool of diverse investors. The platform is fully digital: technology allows Velotrade to scale its operation while offering a greater degree of flexibility to both sellers and investors. The company was founded in 2015 and the management team has decades of experience in financial markets. 

Learn more about Velotrade at

About VASCO:

VASCO is a global leader in delivering trust and business productivity solutions to the digital market. VASCO develops next generation technologies that enable more than 10,000 customers in 100 countries in financial, enterprise, government, health care and other segments to achieve their digital agenda, deliver an enhanced customer experience and meet regulatory requirements. More than half of the top 100 global banks rely on VASCO® solutions to protect their online, mobile and ATM channels. VASCO's solutions combine to form a powerful trust platform that empowers businesses by incorporating identity, fraud prevention, electronic signatures, mobile application protection and risk analysis. Learn more about VASCO at and on Twitter, LinkedIn and Facebook.

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Source: Velotrade