Ordo: against COVID-19 Company

Entity: Ordo

Category: FinTech and Digital Economy

Description: Ordo is a UK payment service company working to help during the COVID-19 crisis. Ordo allows people to pay each other back – instantly and free. They make bank transfers (bank account to bank account payments) convenient and secure. No sharing bank cards or account details. Nationwide Building Society is an investor, and they’re regulated by the FCA.

Project: Neighbour2Neighbour

Summary: Payments firm Ordo has released a new free peer-to-peer (P2P) payments platform, 'Neighbour2Neighbour', and lifted charges and restrictions. The Fintech, which wants to improve the financial wellbeing of consumers and businesses, will allow people shopping for neighbours or those self-isolating, will allow people to send payment requests for free. The Neighbour2Neighbour system will allow users to receive payments via a request system connected to their bank account. Ordo has released the new platform free of charge for users. If the payer doesn’t have mobile or online banking, they will be able to pass the Ordo request from to another person in their household or a close family member who can make the payment on their behalf.

+ Investors:

Nationwide Building Society
Technology: FinTech and Digital Economy
Headquarters: United Kingdom
Founded Date: N/A
Employees Number: N/A
Funding Status: N/A

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