Oradian
Core microfinance system and platform that enables easy to use microfinance management.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
€1.5m | Early VC | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 12 % | 119 % | 124 % | 19 % | 40 % | 30 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (328 %) | (365 %) | (97 %) | (30 %) | 12 % | 7 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (424 %) | (422 %) | (120 %) | (59 %) | (5 %) | (10 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Oradian, founded in 2012 by Antonio Separovic, Andrew Mainhart, Julian Oehrlein, and Josip Muzic, provides a cloud-native core banking platform tailored for financial institutions in emerging markets. The founders, drawing from their experience in banking, technology, and microfinance, identified a critical need for scalable and accessible core banking systems in underserved regions. Their collective background in these specific fields directly shaped the company's mission to drive financial inclusion. The company's headquarters is located in Zagreb, Croatia.
The firm's primary offering is a Software-as-a-Service (SaaS) platform that equips microfinance institutions (MFIs), credit unions, and rural banks with the essential tools for digitalization. This platform enables clients to manage core banking operations, including client data management, loan and deposit tracking, and financial reporting, through a cloud-based system. By moving these functions to the cloud, Oradian's system allows financial institutions to scale their operations, improve efficiency, and expand their services to a broader client base, particularly in rural and remote areas. The business model is based on subscriptions to its platform, providing a predictable revenue stream.
Oradian's platform is designed for accessibility and ease of use, functioning effectively even in environments with limited internet connectivity. It offers features such as real-time data access, robust security protocols, and compliance functionalities that help institutions meet regulatory requirements. A key benefit is the platform's ability to provide a comprehensive audit trail and enhance transparency, which are crucial for building trust with both customers and regulators. This focus on operational resilience and data integrity helps financial institutions to grow sustainably and serve their communities more effectively.
Keywords: core banking, financial inclusion, microfinance, SaaS, fintech, emerging markets, cloud banking, financial technology, MFIs, credit unions