.svg)
Sponsor and exhibitor
Lorum
About the Organisation
Lorum is a specialist correspondent clearing institution: a bank built for banks. Through one API, it gives regulated financial institutions clearing, named-account custody and treasury as one function, across 30+ markets. Global payments aren't broken; the incentives are. Traditional correspondent banks both lend and clear, so clearing comes second to the balance sheet, leaving an estimated $5 trillion trapped in prefunded accounts. Lorum doesn't lend. It holds client funds in 100% reserve and earns only from moving money, never from holding it. Clients issue accounts in their own customers' names, with local clearing details, and settle directly on local rails like Fedwire, SEPA and Faster Payments. One counterparty replaces a patchwork of correspondent banks, FX brokers and custodians. Lorum serves PSPs, EMIs, payroll platforms, trading platforms and marketplaces. DFSA-regulated and backed by Northzone, DST Global, Raba, Flourish, Illuminate Financial, Shorooq and Alter.
Products and Services
-
Global clearing
Clear in USD, EUR, GBP, AED and SGD through one integration, with access to local payment rails including ACH, Fedwire, SEPA, SEPA Instant, Faster Payments, CHAPS, FTS, IPP, FAST and PayNow.
-
Named accounts
Open named accounts for operational and client funds in major and local currencies via API.
-
Treasury
Manage FX, automate liquidity sweeps and access interest-bearing accounts, with visibility across currencies.
-
FX hedging
Hedge FX exposure and manage uncertainty with options and forwards.
