Submitted by

VeloBank

Premium
20/09/2023 Banking Innovation
Green shopping, education and financing platform, the place where banking, e-commerce and renewable energy come together
Innovation details
Country
Poland
Category
Beyond Core Banking Offerings
Keyword
Strategy & Business model, ESG & Sustainability, Retail banking

Innovation presentation

VeloMarket.pl is an innovative e-commerce marketplace in Poland that has been launched under the initiative of VeloBank capital group. Platform stands out for its wide range of selected products that promote both environmental sustainability and a healthy lifestyle, as well as for offering education, opportunity for savings and financing. VeloMarket's offerings encompass essential solutions in various categories such as photovoltaics, eco-friendly electronics, energy-efficient household appliances, energy-saving lighting, and products that support sustainable development practices, including water and energy conservation. Additionally, shopping categories cater to individuals seeking an active, health-conscious lifestyle, featuring sports equipment and certified organic food. What sets VeloMarket apart is its holistic approach, providing not only a diverse range of ecological products but also education and access to online financing options for purchases providing end-to-end digital journey. Platform also aims to raise awareness about the importance of acquiring and disseminating knowledge in this field, as well as assisting users in planning investments in renewable energy sources. Beyond fostering pro-ecological choices, VeloMarket also offers substantial cost savings across multiple dimensions. Devices contribute to reducing water and electricity consumption, resulting in lower utility bills for users. Similarly, investments in energy-producing devices, such as photovoltaics, offer significant returns over time. Furthermore, customers enjoy easy access to various financing options, enhancing affordability. Moreover, VeloBank customers holding an account with a bank will receive an exclusive fixed 3% discount on all purchases, allowing for tangible savings.

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