Oradian d.o.o.

Oradian d. o. o. is a fintech company that provides a cloud-native core banking system to facilitate digital transformation for banks and financial institutions, enhancing operational efficiency and scalability.

Founded in 2011 in Zagreb, Croatia, Oradian d. o. o. specializes in core banking solutions.

The company was co-founded by Andrew Mainhart, Antonio Separovic, Julian Oehrlein, and Onyeka Adibeli, with Antonio Separovic currently serving as CEO. The firm has completed three deals, with the latest funding round occurring on February 14, 2018, where Middleton Enterprises led an investment of GBP 0. 1 million, bringing the total amount raised to GBP 0. 1 million.

Oradian primarily offers a cloud-native core banking system designed to accelerate growth for banks and fintechs by enabling digital transformation through tailored support and integration capabilities. The main product, Instafin, is characterized by its customizable features and seamless integration via RESTful APIs, allowing financial institutions to automate lending, risk management, accounting, compliance, and reporting processes. This extensible platform supports a diverse customer base, including banks and microfinance institutions across regions such as Europe, Southeast Asia, and Sub-Saharan Africa, thereby catering to local market needs with specialized implementations. By providing a plug-and-play solution, Oradian facilitates rapid product launches and operational scalability, enabling clients to enhance their services without extensive backend management.

Oradian generates revenue through a subscription model that allows clients to access its comprehensive suite of core banking services. Clients typically engage with the platform on a partnership basis, where they subscribe to various core modules and additional services relevant to their operational needs. These services include loan management systems and instant messaging features that enhance customer engagement. The company’s revenue structure is built around providing these solutions to financial institutions, emphasizing a direct B2B approach.

Specific pricing plans for these offerings are structured to align with the needs of clients, ensuring they pay for the modules and services that best fit their business requirements. Following the recent investment led by Middleton Enterprises in February 2018, Oradian plans to utilize the funding to enhance its product offerings and expand into new geographical markets. The company is looking to develop new features for its core banking system, focusing on increasing automation and efficiency for its clients. Plans for expansion include targeting specific regions in Southeast Asia and Sub-Saharan Africa by the end of 2023 to better serve local financial institutions and microfinance providers.