Provides a single platform for global treasury operations, enabling businesses to connect to major payment rails across 30+ markets without local entities.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and enterprises that need to operate treasury functions across multiple countries face fragmented payment infrastructures, requiring separate local entities, multiple banking relationships, and manual reconciliation of multi‑currency flows. This complexity leads to delayed settlements, trapped cash, and higher operational costs when expanding into new markets.
Solution
Lorum offers a unified platform that provides programmatic access to local payment rails and segregated client accounts in over 30 markets without the need for local subsidiaries. Through a single API, users can provision operational, client, or escrow accounts in real time, execute payments via domestic schemes (e.g., ACH, SEPA, Faster Payments, Fedwire) and cross‑border networks, and manage liquidity with wholesale FX and treasury services. The platform consolidates all transactions onto a single ledger, delivering automated, audit‑ready multi‑currency reconciliation and real‑time visibility into balances and cash flows. Institutional‑grade governance, reporting, and regulatory coverage are built in, enabling firms to expand into new jurisdictions with one correspondent relationship while retaining full control over customer relationships and funds.
Target Audience
Primary customers are banks, fintech platforms, and enterprise treasury teams that require global payment and cash‑management capabilities while maintaining institutional controls and regulatory compliance.
Features
- API‑driven provisioning of fully addressable, segregated client accounts in local currencies across 30+ markets
- Direct connectivity to major domestic and international payment schemes (ACH, SEPA, Faster Payments, Fedwire, SWIFT, etc.) without local entity setup
- Real‑time settlement with traceability, service‑level agreements, and instant balance updates
- Single‑ledger architecture that automates multi‑currency reconciliation and generates audit‑ready reports at scale
- Institutional FX and liquidity management with wholesale pricing, automatic sweeps, and instant deployment
- Bank‑grade governance, reporting, and audit trails ensuring regulatory compliance in each supported corridor