ORNG: A New Era of Real-Time Business Payments

ORNG, a new fintech startup founded by Alex Parmley, is changing the way businesses make payments worldwide. Drawing upon his experience with his previous company, Phood, a payments app focused on the campus dining market, Parmley identified a critical need for a seamless and fast money transfer solution for enterprises.

Parmley observed firsthand the slow and cumbersome process of traditional business payments, especially in the campus dining space where vendors often had to wait weeks to receive payments. This inspired him to create ORNG, a platform that enables near-instantaneous money transfers, streamlining financial operations for businesses.

From Campus Dining to Global Payments

ORNG evolved from Phood, a company that aimed to simplify student payments for food and dining. Parmley's vision for Phood was to offer a convenient way for students to use their dining dollars to order food from various merchants, anywhere in the world.

However, Phood encountered challenges related to the time-consuming nature of traditional financial transactions. This prompted Parmley to envision a solution that could facilitate real-time payments for businesses, ultimately leading to the creation of ORNG.

Solving the Global Payments Puzzle

ORNG tackles the complexity of cross-border payments by integrating various financial systems into a single, user-friendly API. This eliminates the need for businesses to navigate multiple platforms for each country, simplifying the payment process and reducing delays.

• ORNG aims to expedite and simplify payments for businesses worldwide, providing a seamless and efficient experience.
• The platform addresses the limitations of existing systems, which often struggle to handle fast money transfers across different countries.
• ORNG's API-driven approach streamlines global financial transactions, enabling businesses to manage payments through one platform.

The Power of Real-Time Payments

ORNG's core focus is on real-time payments, offering a significant advantage for businesses that need to move money quickly and securely. This is particularly relevant for industries like e-commerce, where swift transactions are crucial for customer satisfaction.

• Real-time payments provide businesses with instant access to funds, improving cash flow and operational efficiency.
• The rapid transfer of funds eliminates delays and allows businesses to operate more efficiently.
• Real-time payments enhance customer satisfaction by providing a seamless and timely experience.

ORNG: A Vision for the Future of Business Payments

Parmley's vision for ORNG goes beyond just accelerating payments. He believes that the platform can revolutionize the way businesses manage their financial operations, simplifying processes and enhancing efficiency.

By streamlining global payments, ORNG has the potential to significantly impact the financial landscape, enabling businesses to operate more efficiently and expand their reach.

ORNG's Growth and Future Plans

ORNG is currently attracting interest from a variety of clients, including publicly traded companies, demonstrating the platform's growing appeal and market relevance.

• ORNG is actively fundraising to fuel its expansion and further develop its platform.
• The company has a clear roadmap for future development and plans to announce its funding round in the coming months.
• ORNG's team comprises experienced professionals, many of whom contributed to the success of Phood, bringing valuable expertise and insights to the new venture.

Lessons Learned from the Campus Space

Parmley's experience with Phood provided valuable lessons about the complexities of business payments, particularly in the B2B (business-to-business) space. He recognized the need for a faster and more efficient solution, which ultimately led to the creation of ORNG.

Phood's investors have expressed their confidence in Parmley's vision and are actively supporting ORNG's growth, demonstrating the platform's potential to revolutionize the payments industry.

ORNG's journey from a campus dining app to a global payments platform highlights Parmley's entrepreneurial spirit and his commitment to finding solutions to real-world challenges.

• Phood's success provided Parmley with insights into the complexities of business payments and inspired him to create a more efficient solution.
• ORNG leverages the lessons learned from Phood to address the broader needs of businesses worldwide, offering a streamlined and efficient payment platform.
• Parmley's commitment to innovation and his ability to adapt to evolving market needs are evident in ORNG's success.

Building a Better Financial Future

ORNG's mission is to streamline global financial transactions, creating a seamless and efficient experience for businesses. The platform's focus on real-time payments and its user-friendly interface promise to revolutionize the way businesses manage their finances.

ORNG represents a significant step towards a future where financial transactions are faster, easier, and more accessible to businesses worldwide.

• ORNG's innovative approach to payments is poised to transform the financial landscape, making it easier for businesses to operate globally.
• The company's commitment to providing a seamless and efficient experience for businesses is driving its growth and success.
• ORNG's journey from a campus dining app to a global payments platform demonstrates the power of innovation and adaptability in achieving ambitious goals.