Growth. Guaranteed.
Veltra is a small device you install in any financed vehicle, generator, or solar system. If payment stops, the asset locks — automatically, within 90 seconds. No court. No field agent. No chasing.
The problem every lender knows
Sending someone to the field takes days. Legal action takes months. Meanwhile the borrower has moved, switched off their phone, or sold the asset. This is not a collection problem. It is a control problem.
Most lenders only find out a borrower has defaulted when a payment misses. By then, the asset is already somewhere else — or stripped.
When there's no physical way to enforce repayment, borrowers learn that quickly. Default becomes a calculated risk — not a consequence.
This is not bad luck. It is what happens when financing is done without any way to enforce the agreement on the ground.
How Veltra works
You don't manage this day to day. Once the device is installed and connected to your payment system, Veltra does the watching for you.
The simple version
Veltra connects to your payment system. The moment a payment misses, it acts. You do not need to call anyone, log in, or check a dashboard.
The vehicle won't start. The generator won't run. The solar inverter shuts off. This happens the moment the system confirms a missed payment — no manual step needed.
If someone tries to remove or bypass the device, sensors inside detect it instantly and send you an alert. The asset also locks permanently until you decide to unlock it.
New rules, new payment schedules, security improvements — we push these to every device in your fleet without touching a single unit in person.
Once payment is made — through any mobile wallet or USSD — the device unlocks within 90 seconds. No field visit. No phone call to your team. It just works.
Who this is built for
You give riders a bike on credit. They pay for a few months then go quiet. Veltra means the bike stops the moment payment stops. They will call you.
You install solar systems on credit. Default rates are high because there's no consequence. Veltra cuts the power if payment stops — and restores it the moment they pay.
Generators, cold rooms, agri-equipment. You know where the asset was on day one. After that, you're guessing. Veltra gives you real-time location and a lock switch you control.
Also useful for
Get early access
We are bringing Veltra to a first group of lenders and fleet operators in Nigeria. Early partners get lower unit pricing, hands-on setup support, and a direct line to our team — not a sales rep, the actual engineers.
We review every application ourselves. We want to understand your portfolio before we commit — and we expect you to ask us hard questions too. We will respond within 5 working days.
Someone from the Veltra team — not a bot, an actual person — will be in touch within 5 working days. We'll reach out to your email to set up a short call.
Reference: VLT-XXXXXX
We'll review this and reach out within 5 working days.
We do not share your information. No spam. A real person will reply.
This is a short overview for lenders, fleet operators, and finance companies who want to understand what Veltra does before getting on a call with us. No jargon. If something is unclear, ask us directly.
Veltra makes a small electronic device about the size of a matchbox. It gets installed inside a vehicle, generator, solar inverter, or any asset you've financed to a borrower. Once it's fitted and activated, it stays connected to our system via a SIM card — the same way a mobile phone connects to a network.
When payment is due, our system checks whether the borrower has paid. If they haven't — within 90 seconds — the device sends a signal that disables the asset. For a motorcycle, the ignition cuts out. For a generator, it won't start. For a solar inverter, power stops. The borrower has no way to override this without paying first.
The borrower pays through their phone — any mobile wallet, USSD code, or bank transfer. Our system confirms the payment and sends an unlock signal to the device within 90 seconds. The asset turns back on. No one from your team needs to do anything. It is completely automatic.
We've designed the device to detect tampering. If someone opens it, tries to cut its wiring, or removes it from where it was installed, sensors inside detect this immediately and send you an alert. The asset also locks permanently in this situation. This alone changes borrower behaviour significantly — people don't mess with something they know is watching.
You get a dashboard where you can see the location and payment status of every asset in your portfolio. You can also lock or unlock any asset manually at any time from your phone or computer — useful if you're restructuring a loan or dealing with a specific borrower situation. Everything that happens is logged, so you have a record for your own compliance purposes.
We'll come to you. Share your details and we'll schedule a demonstration at your office. No commitment required — just a conversation.