Otoma provides a cloud-native intelligent test automation framework that transforms business flow diagrams into executable workflows with minimal coding, ensuring comprehensive test coverage. This solution addresses the inefficiencies in testing processes for software vendors and enterprises, significantly reducing time to market and operational costs.
Funding
$6.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CFounders
Product
Problem
Financial institutions face challenges in rapidly adapting to evolving payment landscapes due to complex processes, reliance on legacy systems, and the need for extensive testing. Traditional testing methods are often inefficient, costly, and time-consuming, hindering innovation and slowing down time to market for new payment solutions.
Solution
Otoma provides a cloud-native payment innovation platform that enables financial institutions to design, develop, test, and deploy new payment workflows with minimal coding. The platform transforms business flow diagrams into executable workflows, automating the testing process from design to execution. It includes a library of pre-built payment flows and industry-compliant formats, allowing for quick adaptation to diverse payment flows across geographies and payment rails. By automating testing and streamlining the development process, Otoma reduces costs, accelerates time to market, and empowers financial institutions to innovate more efficiently.
Target Audience
Otoma targets financial institutions, including banks and payment processors, seeking to accelerate payment innovation, reduce testing costs, and streamline the deployment of new payment solutions.
Features
- Diagram-based interface for designing, modifying, and optimizing payment flows
- Automated conversion of visual designs into executable workflows
- Model-based testing solution that automates the entire testing process
- Auto-generation of tailored test data for complex scenarios
- Built-in capabilities to simulate external systems during testing
- Library of pre-built payment flows and industry-compliant formats
- Seamless integration with external tools for requirements management
- Secure, hot deployment capabilities for continuous operation during updates