Fuse rebrands as Lorum to optimise cash management

By Vriti Gothi

Fuse has rebranded as Lorum, positioning itself as a specialist correspondent institution focused on addressing structural inefficiencies in institutional clearing and cash management rather than overhauling global payment networks.

The rebrand reflects a strategic shift toward what the company describes as the “edges” of the payments system, where funds enter and exit institutions and where settlement delays, operational risk, and cost overruns most often arise. While much of the industry debate has centred on replacing messaging layers such as SWIFT or adopting alternative rails, Lorum is targeting the institutional incentives that shape how clearing is executed in practice.

For decades, clearing has largely been embedded within banks whose core business models prioritise lending and balance-sheet yield. As a result, settlement processes can be subordinated to broader balance-sheet considerations, leading to slower timelines and reduced certainty. Institutions acting as both providers and users of clearing services often face fragmented correspondent setups, duplicated compliance requirements, and inconsistent settlement outcomes across markets.

Lorum operates as a non-lending correspondent institution dedicated solely to clearing and cash management for regulated clients. It does not compete for deposits and does not run a lending business, instead focusing on moving funds across local payment rails with greater control and predictability.

The platform processes billions of dollars in payment volumes and currently supports institutions including dLocal, Deel, Airbnb, and Etsy, serving as a clearing layer for multi-currency treasury and cross-border flows. By consolidating access to local rails through a single network, clients can shorten settlement cycles, centralise treasury operations, and reduce dependence on multiple local banking relationships.

“Everyone wants to talk about fixing SWIFT or replacing it with stablecoins. SWIFT is just the messaging layer,” said George Davis, co-founder and CEO of Lorum. “The real friction is the chain of custody at the start and end of a payment. That is where timelines slip, controls get messy, and costs spiral. Lorum exists to fix the edges, not the network.”