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What is Navro?

Expand your international reach with ease and minimal hassle by leveraging Navro's comprehensive services. Our platform allows you to send and receive payments worldwide while minimizing foreign exchange costs, facilitating smooth reconciliation, and speeding up settlement processes, which empowers your business to flourish in diverse markets. By processing transactions in local currencies, you can avoid hefty conversion fees and benefit from inter-bank exchange rates. Our system guarantees swift, same-day settlements through local accounts, streamlining your operations and providing a user-friendly API or portal for tracking transactions. Navro brings together all the essential elements for a successful global payment strategy, from transferring funds to receiving them, ensuring your operations are efficient and uninterrupted. We also support the prompt hiring and compensation of talent around the globe, helping you maintain strong connections with vendors and suppliers without delays. With Navro, your journey into international markets is not only straightforward but also tailored to meet your financial requirements at every stage, allowing you to focus on growth and innovation. Your business can confidently navigate the complexities of global finance with our dedicated support.

What is Lorum?

Lorum provides a comprehensive multi-currency clearing framework designed specifically for financial institutions and regulated platforms operating across diverse markets. By establishing direct connections to both major and regional payment networks, this innovative solution allows institutions to efficiently clear and settle funds without the necessity of creating local branches or managing a convoluted network of correspondent banks. Through a centralized API and ledger, clients can manage their account structures in various currencies, taking advantage of regulated and segregated accounts along with virtual IBANs, which are issued under the end customer's name when applicable. This arrangement not only guarantees predictable settlement finality but also bolsters the security of funds while clarifying the ownership of balances in multiple jurisdictions, thus providing a seamless financial operations experience. Furthermore, Lorum's infrastructure enhances both transparency and efficiency in cross-border transactions, which is vital for navigating today's dynamic financial environment. The solution empowers institutions to adapt swiftly to changing market demands, ensuring they remain competitive and compliant.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Navro

Company Location

United Kingdom

Company Website

navro.com

Company Facts

Organization Name

Lorum Finance

Date Founded

2023

Company Location

United States

Company Website

www.lorum.com

Categories and Features

Payment Orchestration

Not specified

Categories and Features

Banking

Not specified

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