Orain Technologies SL

Based in Spain, Orain Technologies SL is a software company specializing in micropayment solutions that enhance cashless transaction experiences in various offline environments. Founded in 2016, Orain Technologies SL is dedicated to developing management ecosystems for micropayments. The company is headquartered in Barcelona, Spain, and has executed two funding deals to date. The most recent funding round occurred on May 3, 2023, when the company raised EUR 3 million, led by Bonsai Venture Capital and Andbank, with participation from Actyus and other individual investors.

Orain's CEO, Xavier Serra, leads the company, which has raised a total of EUR 6 million since its inception. Orain focuses on providing a comprehensive management ecosystem for micropayments, primarily designed for offline environments. The company's core offerings include a versatile Point of Sale (POS) system and a robust Payment Platform that streamline payment processing for various business types, enhancing the shopping experience for both consumers and operators. The Orain App, a free mobile application, allows consumers to engage in personalized and innovative cashless transactions.

This ecosystem is tailored to meet the diverse needs of various sectors, including retail, hospitality, and event management, facilitating rapid and secure payment options across multiple channels. Orain’s solutions are available in several geographical markets, including Spain and other regions in Europe and Latin America, where demand for efficient micropayment systems continues to grow. Orain generated revenue of EUR 349,640. 6 in the most recent year, 2020, with an EBITDA of EUR 18,619.

1 for the same period. The company earns revenue through transaction fees associated with its payment services, facilitated via partnerships with Spayn&Latam Servicios de Pago, S. L. Their financial structure is based on direct-to-consumer transactions and B2B partnerships, primarily involving retailers who utilize Orain's POS systems and payment platforms.

In May 2023, Orain Technologies SL raised EUR 3 million in funding to boost its structure and advance its national and global growth. The company plans to launch new products aimed at enhancing its micropayment capabilities and expand into new markets in Europe and Latin America. The recent funding will support these initiatives, reinforcing Orain's commitment to meeting the growing demand for efficient cashless transaction solutions.