Ordo
- Company typePrivate
- Founded2014
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Ordo firmographics
Firmographics- Name
- Ordo
- Legal name
- The Smart Request Co.
- Website
- https://ordopay.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Closed
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Ordo industry classification
Industry- Product category
- Open Banking Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
- akta.pro secondary industries
- A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB), Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Request-to-Pay (R2P) & Pay Links (FSAMAFAE), Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE)
Keywords
Where Ordo is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Ordo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Payment Processing: Transaction-based revenue from payment initiation services. Ordo charges merchants a fixed fee per transaction, significantly lower than equivalent card transactions, for processing open banking payments, refunds, and pay-outs.
- API Access / Platform Usage: Usage-based or subscription access to open banking APIs for account data, verification, and payment initiation services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based pricing for payment services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Ordo product offering
Product offeringCore offering
Ordo provided open banking payment and data infrastructure via a PSD2-compliant API platform, enabling businesses to accept direct bank-to-bank payments, run variable recurring payments, access account and transaction data, and verify account ownership. The platform connected merchants to a broad network of UK banks and was offered with white-labelled screens for embedded deployment.
Product overview
Ordo was a UK-based open banking and Request to Pay fintech platform providing a unified suite of payment and data solutions. The product portfolio consisted of five core offerings: Payments (direct pay-by-bank functionality), Variable Recurring Payments (flexible recurring payment capabilities), Account Data (PSD2-based financial data API), Verify (instant account verification), and Instant Payouts (real-time fund transfers, in development). These products shared a common open banking infrastructure enabling interoperability with major UK financial institutions. The company ceased trading operations after being acquired by Neonomics Group in January 2025, with Access PaySuite subsequently acquiring its open banking infrastructure in 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Payments Pay-by-bank solution powered by open banking that enables simple and secure direct bank payments. Customers pay straight into merchant accounts with real-time settlement via the Faster Payments network; supports white-labelling with custom branding.
- Variable Recurring Payments (VRP) Flexible and variable recurring payments capability that allows movement of funds in real time with minimal friction. Low-cost and secure solution enabling variable recurring payment schedules with payer control.
- Account Data Comprehensive account and transaction data integration via PSD2 API platform. Enables integration of reliable financial data into products for licensed AIS providers.
- Verify Instant account verification service enabling verification of bank account ownership and details through open banking connectivity, supporting KYC and identity validation.
Quantifiable outcome
- Low fixed cost payments, refunds and pay-outs cost significantly less than equivalent card transactions
- +3 more outcomes
Companies that use Ordo
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles3 records
Ordo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Ordo partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Access PaySuite (The Access Group)coreAccess PaySuite, the payments division of The Access Group, acquired Ordo's open banking infrastructure and pay-by-bank technology in June 2026. The acquisition gave Access PaySuite full ownership of Ordo's core payments infrastructure, enabling open banking to be embedded natively across its platforms alongside existing card and direct debit capabilities.
- NeonomicsflagshipNorwegian fintech Neonomics completed the acquisition of UK-based Ordo on January 23, 2025. The strategic move aimed to expand Neonomics' offerings in the UK and Europe amidst growing adoption of account-to-account payments. Neonomics subsequently wound down Ordo's operations in August 2025, refocusing on its European offering.
- UK Financial Institutions (NatWest, HSBC, Barclays, Lloyds, Nationwide, Santander, Monzo, Starling, and others)coreOrdo maintained an extensive network of integrated UK financial institutions including major banks, building societies, and challenger banks through its open banking infrastructure, enabling payment initiation and account data services across the UK banking ecosystem.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Ordo competitors and assessment
Company assessmentMarket position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Ordo social profiles
Digital presenceOrdo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ordo leadership team
Management profileNumber of profiles
Ordo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ordo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ordo
What does Ordo do?
Ordo provided open banking payment and data infrastructure via a PSD2-compliant API platform, enabling businesses to accept direct bank-to-bank payments, run variable recurring payments, access account and transaction data, and verify account ownership. The platform connected merchants to a broad network of UK banks and was offered with white-labelled screens for embedded deployment.
Is Ordo a public or private company?
Ordo is a private company. It is classified as corporate owned and is currently closed.
When was Ordo founded?
Ordo was founded in 2014. It employs 11 to 50 people.
Where is Ordo based?
Ordo is headquartered in London, United Kingdom, in the Europe region.
How does Ordo make money?
Two revenue lines are on record. Payment Processing is the primary driver. The others are API Access / Platform Usage.
Does Ordo have an API?
Yes. Ordo provides open banking APIs for payments and data services. The developer portal at docs.myordo.com offers APIs for AIS (Account Information Services) and PIS (Payment Initiation Services) providers. The platform enables direct bank payments, account data integration, and variable recurring payments via PSD2 API platform. Features include simple open API integration, white-labelled screens for seamless branding, and developer-friendly documentation. Developer documentation is at docs.myordo.com.
What industry is Ordo in?
Ordo's product category is Open Banking Payment Infrastructure. Its primary akta.pro industry code is FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions, with a secondary code of FSAMAFAB, A2A Payment Initiation Service Providers (PISPs). Its NAICS code is 522320 and its SIC code is 7372.