Ordo

Open Banking Payments-as-a-Service

General Information
Industries
E-Commerce, Enterprise Software +4
Funding Stage
Series A
Product Stage
-
Business Model
-
Company Overview
Founded
2018
Employees
12
Location
London, United Kingdom
Website
Ordo - Company Details
Ordo is an open banking Payments-as-a-Service startup based in the United Kingdom. Founded in 2014 by the former management team of the UK’s Faster Payments Scheme, Ordo offers a range of services including low-cost, highly secure, real-time, and easy-to-use Request to Pay, ecommerce, Point of Sale\/QR Code, invoice, and contact center payments. The company also provides account validation services and fully managed VRP-enabled services for businesses to leverage the latest open banking technology. Taking a customer-centric approach, Ordo's cloud-hosted fully managed service is fully white-labelled, enabling businesses to incorporate their own brand and look & feel into customer interactions. At the core of its operations, Ordo is authorised by the Financial Conduct Authority as a Payments Institution for Account Information Services and Payment Initiation Services (FRN 836070). In its latest funding round, Ordo secured a £10.00M Series A investment led by Equinox Systems, NBS Ventures, and Philip Green. This backing also includes support from private investors, Nationwide Building Society Ventures, and CGI, the global IT services business. With its innovative approach to open banking payments, Ordo presents a compelling opportunity for potential investors seeking to tap into the future of digital financial services and enterprise software.