The structural conflict at the centre of correspondent banking is not technological. It is economic. Banks earn revenue from their balance sheets: they lend deposits, capture FX spreads, and hold funds as long as it is rational to do so. Clearing, the act of releasing funds quickly and predictably, competes directly with those economics. An institution designed to lend has a structural incentive to hold deposits; an institution designed to clear has an incentive to release them. When one institution does both, clearing loses. The result is unpredictable settlement, trapped capital, and a correspondent network shrinking by design.
Lorum was founded on a different premise: clearing as the business, not a byproduct. The model has been operational since 2023 and grew 55x in 2025, with USD clearing now the majority of volumes alongside a growing treasury offering. We have applied for a U.S. national trust bank charter. The people we hire now will build the clearing and treasury infrastructure it unlocks.
We're looking for a Corporate Secretary & Legal Counsel to own corporate governance, GDPR privacy and DORA compliance across the Lorum Group. You'll be based in Liechtenstein and work directly with our boards, senior management and teams across our international operations. This is a new role. Corporate secretarial work is currently covered alongside other priorities, and DORA and privacy have no dedicated owner, so you'll build the function and the frameworks rather than inherit them. As we add regulated entities, you'll make sure governance is effective, proportionate and keeps pace with the business.
Global payment systems are not broken. Incentives are.
For decades, clearing has sat inside institutions whose business models are driven by lending and yield. When clearing is subordinated to balance-sheet priorities, settlement slows and certainty drops. The same institutions that distort clearing as providers end up disadvantaged as users. They are forced into fragmented setups, inconsistent rails, duplicated compliance, and unpredictable timelines.
Lorum rebuilds clearing as its own specialist function. We act as multi-currrency clearing infrastructure partner for regulated institutions, with treasury built into the core so liquidity, settlement, and reconciliation sit in one controlled system.
Our platform unifies global and local licenses, direct central bank connectivity, and domestic payment rails through a single API. Clients open named customer accounts in each supported market and collect and pay out through one network, while keeping full ownership of their customer relationships.
