Voly Music, a financial management software and payment platform for the music industry, has rebranded as Voly Entertainment.
The platform, owned by UK-based financial company Voly says that the change reflects its “commitment to serving a broader range of clients in both the Music and Entertainment industries”.
Founded in 2016, the Manchester, UK-based fintech firm originally saw success in the super-yachting sector with its FX services and accounting solutions
In 2021, the company soft-launched Voly Music, working with a number of music industry companies and executives to develop its platform.
The comapny said at the time that the platform was aimed at “simplifying and streamlining budgeting, accounting processes and reporting for artists, managers and business managers”.
According to a statement issued by Voly Group CEO Ian Flanagan, the company saw a “need to expand the products that Voly Music provides into the wider entertainment industry space”. The company says it will now work with entertainment clients ranging from music to television, film, production, set design and more.
Voly stresses the rebranding does not affect the functionality or features of the Voly Entertainment platform in any way.
“Our clients can expect the same high-quality service and user experience they’ve come to rely on,” Voly said in a statement.
Voly offers its entertainment industry clients a specialist financial management platform, with integrated Prepaid Mastercard and FX Payment features.
In the music industry, the company works with artist management companies, live music promoters, tour managers and business managers, amongst other sectors.
“Voly Music’s re-brand into Voly Entertainment represents our commitment to embracing the full spectrum of the Entertainment Industry.”
Mary Viscomi, Voly
Mary Viscomi, Head of Entertainment said: “Voly Music’s re-brand into Voly Entertainment represents our commitment to embracing the full spectrum of the Entertainment Industry.
“From music to television, film, production, set design and so much more. This reflects our dedication to serving all aspects of this brilliant industry. We’re thrilled about the endless possibilities this change opens up and can’t wait to see where the future takes us.”
“We are now very proud to be able to offer a solution to the entire entertainment industry and look forward to providing improved financial management and visibility along with significant time and cost savings to the industry.”
Ian Flanagan, Voly
Ian Flanagan, Voly Group CEO added: “Since the launch of Voly Music, we’ve undergone a series of presentations with multiple clients in the music and entertainment industry.
“In doing this, it became apparent that there was a real need to expand the products that Voly Music provides into the wider entertainment industry space.
“The need and requests from the TV and Film industry quickly became very obvious and the requirement for an all-in-one financial management solution with multiple budgets being consolidated couldn’t be ignored.
“We are now very proud to be able to offer a solution to the entire entertainment industry and look forward to providing improved financial management and visibility along with significant time and cost savings to the industry.”Music Business Worldwide