History of Weltson bank

At Weltson bank, our journey spans over a decade, marked by innovation, commitment, and steady growth. From humble beginnings to becoming one of the most trusted financial institutions, our story is deeply rooted in serving our customers and communities.
Founded in 1996 by late Mark Huges Collin, Weltson bank began with a simple mission: to provide accessible financial solutions for individual who are fed up with traditional banking constraints. Over the years, we’ve grown steadily and celebrated several key milestones that define who we are today


Founding & Key Milestones

  • Notable Awards and Recognition
    Also in 2016 Weltson was nominated in the United kingdom fintech award (UKFA) for Banks with top-notch banking concierge

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Personal Banking

Savings Accounts: High-yield savings accounts with competitive interest rates to help you grow your savings.

Checking Accounts: Convenient checking accounts with no monthly fees and easy access to funds.

Fixed Deposits: Secure fixed deposit accounts offering guaranteed returns over various terms, ideal for short- to medium-term savings.

Loans & Mortgages

requirements analysis, architecture design, detailed UX/UI design.

Digital banking

Explore banking services, including personal & business accounts, loans, investment solutions, and more

Business banking

validating User Stories, executing regression tests, raising defects.

Credit cards

preparing a version for the client review.

Fixed Returns

demo of a given version and Fixed Returns.

Retirement savings

Delivered to client

Products & Services

1

Personal Banking

Savings Accounts: High-yield savings accounts with competitive interest rates to help you grow your savings.

Checking Accounts: Convenient checking accounts with no monthly fees and easy access to funds.

Fixed Deposits: Secure fixed deposit accounts offering guaranteed returns over various terms, ideal for short- to medium-term savings.

2

Loans & Mortgages

Home Mortgages: Competitive mortgage rates for purchasing or refinancing your home, with personalized service to guide you through the process.

Personal Loans: Personal loans for various needs, including education, travel, or debt consolidation.

Auto Loans: Flexible auto financing options for purchasing new or used vehicles.

3

Digital banking

Mobile Banking App: User-friendly mobile app for easy account management, fund transfers, and bill payments.

Online Banking: 24/7 access to your accounts, enabling you to check balances, view statements, and manage transactions.

Digital Wallet: Secure digital payment solutions to make transactions faster and more convenient.

4

Business banking

Business Checking Accounts: Tailored checking solutions for businesses, including no-fee options and cash management services.

Business Loans: Flexible financing solutions, including working loans and equipment financing.

Merchant Services: Comprehensive payment processing solutions to help businesses accept payments easily.

5

Credit cards

Rewards Credit Card: Earn points or cash back on purchases, with no annual fee and introductory offers.

Travel Credit Card: Special rewards and benefits for travel enthusiasts, including travel insurance and no foreign transaction fees.

Secured Credit Card: A great option for building or rebuilding credit with low fees and easy approval.

6

Fixed Returns

Fixed Income Investments: Investment options like government and corporate bonds that provide predictable and steady returns.

Fixed Return Savings Plans: Special savings plans that offer fixed interest rates for a defined period, ensuring your money grows safely.

7

Retirement savings

Retirement Accounts: IRA and 401(k) options to help you save for retirement with tax advantages.

Wealth Management: Personalized investment strategies and portfolio management services for individuals and businesses.

Mutual Funds: Access to a range of mutual funds designed to meet various investment objectives.

Monetary Policies

Monetary policies are critical tools utilized by central banks to regulate a country’s economic stability and growth. At Weltson Bank, we adhere to central bank guidelines to ensure a robust financial environment for our customers.

These policies include:

  • Central Bank Policies: The implementation of policies aimed at controlling money supply and influencing interest rates to maintain economic stability.
  • Inflation Control Measures: Strategies designed to keep inflation within acceptable limits, ensuring the purchasing power of our customers remains intact.
  • Interest Rate Regulations: Adjustments in interest rates that directly impact loan costs and savings returns, encouraging responsible borrowing and saving behaviors.


Interest Policies

Understanding interest rates is vital for making informed financial decisions. At Weltson Bank, we provide transparent information regarding our current interest rates across various products.

Our offerings include:

  • Current Rates: Competitive rates for savings accounts, personal loans, and mortgages designed to meet the diverse needs of our customers.
  • Rate History and Trends: Access to historical data that allows clients to analyze past interest rate trends and make predictions about future movements.
  • How Rates Are Determined: Insight into the factors influencing our interest rates, including central bank policies, economic indicators, and market conditions.


Banking Insights

Banking insights provide valuable information that empowers our customers to make informed financial decisions.

Key features include:

  • Economic Forecasts: Detailed reports and predictions on the economy that help clients anticipate changes and adjust their financial strategies accordingly.
  • Market Trends and Analysis: Regular updates on market conditions, providing insights into investment opportunities and risks.
  • Financial Planning Advice: Expert guidance to help clients create personalized financial plans that align with their long-term goals.


Educational Resources

At Weltson Bank, we believe in empowering our customers through education. Our educational resources are designed to enhance financial literacy and promote informed decision-making.

Available resources include:

  • Financial Literacy Programs: Workshops and online courses focused on essential financial skills, such as budgeting, saving, and investing.
  • Guides on Personal Finance, Loans, and Savings: Comprehensive materials that offer practical advice on managing finances effectively.
  • Investment Strategies: Insights into various investment options, including risk management and asset allocation strategies to optimize returns.

Corporate Responsibility

At Weltson Bank, we are dedicated to being a responsible corporate citizen. Our corporate responsibility initiatives reflect our commitment to ethical practices and community support, ensuring we positively impact the communities we serve.

Our focus areas include:

  • Sustainability Efforts: We are committed to reducing our ecological footprint by promoting green banking practices, investing in renewable energy projects, and supporting environmentally friendly initiatives.
  • Social Impact and Community Support: Through various community outreach programs, we engage in projects that enhance social welfare, support education, and promote economic development in our local communities.
  • Diversity and Inclusion Initiatives: We prioritize diversity and inclusion within our workforce, fostering an environment that values diverse perspectives and encourages equal opportunities for all employees.

Technology & Innovation

In a rapidly evolving financial landscape, Weltson Bank embraces technology and innovation to enhance customer experiences and streamline operations. We continually invest in technological advancements to stay at the forefront of the banking industry.

Our technological initiatives include:

  • Fintech Partnerships: We collaborate with leading fintech companies to offer innovative financial products and services that meet the needs of our tech-savvy customers.
  • Mobile Banking Apps and Tools: Our user-friendly mobile applications allow customers to manage their finances conveniently, providing secure access to account information, transactions, and services from anywhere.
  • AI and Digital Transformation in Banking: We leverage artificial intelligence and digital technologies to enhance customer service, improve risk assessment, and increase operational efficiency, ensuring a seamless banking experience.

Security & Fraud Protection

The security of our customers’ information and funds is our top priority at Weltson Bank. We employ advanced security measures to protect against fraud and cyber threats, ensuring a safe banking environment.

Our security measures include:

  • Cybersecurity Measures: We implement robust systems and protocols designed to safeguard customer data and transactions from unauthorized access, employing the latest technologies to combat cyber threats.
  • How to Report Fraud: We provide clear guidelines for customers on identifying and reporting fraudulent activity. Our dedicated support team is available to assist clients and take swift action to protect their accounts.
  • Secure Banking Practices: We educate our customers on best practices for secure banking, including tips on password protection, recognizing phishing attempts, and monitoring account activity for unusual transactions.

Regulatory Information

Regulatory compliance is fundamental to maintaining trust and integrity in the banking sector. At Weltson Bank, we adhere to all legal and regulatory requirements to ensure transparency and accountability in our operations.

Key areas of focus include:

  • Compliance Policies: We maintain detailed policies that outline our commitment to legal and ethical banking practices, ensuring that all operations comply with applicable laws and regulations.
  • Legal Disclosures: Our commitment to transparency includes providing customers with information regarding our operations, ensuring they are informed about their rights and responsibilities.
  • Privacy Policies: We prioritize customer privacy, ensuring that personal data is handled securely and in accordance with privacy laws and regulations, providing customers with peace of mind.

Investor Relations

Investor relations at Weltson Bank provide essential information to our shareholders and potential investors, ensuring transparency and engagement in our financial activities.

Highlights include:

  • Financial Statements: We provide comprehensive reports detailing the bank’s financial performance and operational health, enabling investors to assess our profitability and growth potential.
  • Stock Performance: Our stock performance tracking informs investors about market trends and potential opportunities, helping them make informed investment decisions.
  • Investor Presentations: We regularly conduct presentations that outline our strategic initiatives, goals, and market outlook, fostering an open dialogue with our investors.

How to Get Involved

At Weltson Bank, we value community engagement and invite individuals to get involved with us. There are various ways to connect and contribute to our mission of enhancing financial well-being.

Opportunities for involvement include:

  • Employment Opportunities: We offer career openings for those seeking to join our team and contribute to our mission. Our diverse work environment encourages professional growth and development.
  • Partnerships and Collaborations: We welcome collaborations with local businesses, nonprofits, and organizations to foster community development and promote financial literacy.
  • Feedback and Suggestions: Customers are encouraged to provide feedback and suggestions to help us improve our services. We value customer input and actively seek to enhance our offerings based on their needs.