Torana provides a cloud‑based B2C payment platform that lets businesses automate fund disbursements while giving recipients the ability to choose their preferred payout method. Through a single RESTful API, the service connects to banks, digital wallets, prepaid cards and cash‑pickup networks worldwide, handling compliance, currency conversion and real‑time transaction tracking, which reduces operational overhead and improves cash flow for e‑commerce, gig‑economy and fintech platforms.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often struggle to efficiently disburse payments to consumers across multiple channels, facing high integration costs, regulatory hurdles, and limited flexibility in letting recipients choose their preferred payout method.
Solution
Torana offers a cloud‑based B2C payment platform that enables companies to automate fund disbursements while giving end‑users the ability to select their preferred payout option. The service provides a unified API that connects to a wide network of banks, digital wallets, and prepaid card providers worldwide, handling compliance, currency conversion, and transaction monitoring on behalf of the client. Real‑time status updates and detailed reporting allow businesses to track payouts and reconcile accounts without manual intervention. By abstracting the complexity of multi‑channel payouts, Torana helps enterprises improve cash flow, reduce operational overhead, and enhance the consumer experience.
Target Audience
Primary customers are e‑commerce platforms, gig‑economy marketplaces, and fintech companies that need to pay large numbers of consumers or contractors across diverse payment channels.
Features
- Single RESTful API that supports payouts to bank accounts, e‑wallets, prepaid cards, and cash pickup locations
- Dynamic recipient‑choice workflow allowing end‑users to select their preferred payout method at checkout
- Built‑in KYC/AML screening and cross‑border compliance for over 200 countries
- Real‑time transaction tracking with webhook notifications and downloadable reconciliation reports
- Automatic currency conversion and multi‑currency settlement with competitive FX rates
- Scalable infrastructure capable of handling high‑volume batch disbursements