Orenda Finance eyes ambitious growth plans for 2023
Orenda Finance, the no code, embedded financial service, has opened up a new office in Edgware, London to furthermore help drive its ambitious growth plans for the year.
The fintech banking company had a strong 2022 after winning over 50 clients across a range of health, sport, luxury and technology sectors, helping the business to exceed sales target and grow 60% year on year. The company also grew from 6 employees to twenty over the same period.
This year, Ordena looks to further attract companies of all sizes with their embedded finance product which offers a no-code/low code solution to the market enabling many to enter into the financial services field who previously could not.
Joshua Vittori, CEO comments: “We believe that fintech shouldn’t be exclusive to financial entities, so we are passionate about helping businesses of all sizes and sectors leverage fintech in an easy, accessible, and low-cost way. With Orenda’s no code, plug n play approach it allows our clients to prioritise a customer-centric distribution strategy rather than resourcing banking infrastructure and payments expertise. The simplicity of our offering is what is attracting customers who want to innovate and overcome barriers to drive their own businesses forward. We’ve helped some great companies in 2022 and we look forward to doing the same in 2023.”
Launched in 2020, Orenda offers embedded financial products and services that provide a whole host of benefits. With access to configurable solutions and no code web apps, a business can create new revenue streams by creating personalised embedded financial service products. Traditional suppliers are often rigid and complex, with a high barrier to entry that involves multiple agreements, costly fees, lengthy time to market and non-scalable solutions.