Orain builds end-to-end electronic payment solutions focused on micropayments, targeting sectors that previously faced high commissions for low‑value transactions. Founded in 2016, the company offers a subscription-based commercial model that removes the need for an initial investment by customers. Its product suite is positioned to digitize small-ticket payments while preserving client profitability on each purchase. Orain highlights traction in verticals like vending, fuel stations and hospitality and was recently designated as an official payment method at the Qatar World Cup. The company plans to expand its product offering, increase investment in technology and grow both nationally and internationally across Europe, Latin America and the Middle East. Financially, Orain closed a €3M financing round to strengthen its structure and support this expansion and R&D agenda. Orain builds a platform to enable interaction between people and machines, beginning with integrations in vending machines and countertop coffee machines that allow users to pay via Bluetooth and a mobile app. The company was founded in 2016 and is headquartered in Barcelona. Its technology is already deployed in pilot systems across Italy, Germany, France, Belgium, Austria and the Middle East, and is available in companies such as Wallapop, Bershka, Bandit, Lefties, Grupo Zeta, Zara, Uterqüe, Banc Sabadell, Massimo Dutti, Oysho and Florette. Orain closed a venture capital/business angels round to fund continued technological development, further national expansion, and preparation for international entry. The company is negotiating with a strategic partner to secure an additional €300,000 of investment. No revenue or user metrics were disclosed in the article.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

May 2023