Torus Mara provides treasury and liquidity solutions for corporates and institutions by facilitating cross-border payments and foreign exchange transactions in under 24 hours. The platform simplifies complex currency conversions and enables bulk payouts across multiple African countries, enhancing cash flow management for businesses operating in emerging markets.
Funding
$2.8M 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.
Founders
Product
Problem
Corporates and institutions face challenges in managing cross-border payments and foreign exchange transactions, particularly in emerging markets, due to complex currency conversions and inefficient payout processes. Traditional systems often result in delays and increased costs, hindering effective cash flow management.
Solution
Torus Mara offers treasury and liquidity solutions designed to streamline cross-border payments and FX transactions for corporates and institutions. The platform facilitates global settlements in under 24 hours, providing access to wholesale FX rates and enabling bulk payouts across multiple African countries. By issuing virtual accounts with dedicated IBANs and supporting multiple currencies, Torus Mara simplifies international transfers and enhances cash flow management for businesses operating in emerging markets. The platform also offers APIs for integration into existing systems and white-labeling options.
Target Audience
Torus Mara primarily serves global institutions, corporates, and SMEs operating across emerging markets that require efficient cross-border payment and foreign exchange solutions.
Features
- Global settlement network enabling cross-border payments in 24 hours or less
- Wholesale FX access and currency trading services
- Bulk payout capabilities for last-mile settlement to multiple beneficiary accounts across Africa
- Multi-currency accounts in USD, GBP, EUR, and NGN with dedicated IBANs
- Virtual USD-debit card issuance for customers and employees
- eCommerce solutions including payment links and widgets
- APIs for platform integration and white-labeling
- Comprehensive KYC/AML policies and transaction monitoring