Velo is a decentralized settlement network for remittance providers on Stellar. Poverty and the lack of work opportunity have caused migration across Southeast Asia. These immigrants often take low-skilled labor work which pays $10 a day. Whatever they earn is remitted home to their families in poorer areas, but the transaction fee equals to 2 days' pay. Velo provides a low-cost and convenient remittance payment solution to the unbanked and underbanked, starting with the 10 million immigrant workers in Southeast Asia.