Croatian FinTech Oradian expands to South Africa

One of Europe’s leading FinTech startups, Oradian, is set to open a branch in South Africa to foster entrepreneurial development in the region. It also has plans to expand throughout Africa.

"Oradian is constantly investing in business development with the aim of bringing financial services to all people," said Antonio Separovic, the company's director and co-founder.

Oradian, which recently expanded into the Philippines, offers cloud-based software for micro finance institutions (MFIs) in developing markets, and is behind Instafin, an award-winning core banking platform for financial inclusion. Specifically designed for financial institutions servicing the base of the economic pyramid, Instafin is the operational platform on which microfinance institutions, cooperatives and credit unions manage their day-to-day operations.

The company said that its expansion was made possible by an investment from German impact investing advisors Finance in Motion. It was named as one of Forbes' top five FinTech startups in Europe. Headquartered in Zagreb and founded in 2012, Oradian's mission is to connect 100 million under-served families - impacting over half a billion people globally.