George Davis, Founder & CEO at Lorum on Rebuilding Global Clearing, Why Dollars Are Broken, and Building a Payments Only Bank
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Episode Description
George Davis, Founder and CEO of Lorum.
George has been deep in payments for years: Head of Product at TrueLayer, then co-founder of BVNK, and now building Lorum to tackle the hardest layer of the stack: global clearing.
We get into:
- Why payments becomes an obsession if you look closely enough
- What “rebuilding clearing from the ground up” actually means, in plain English
- Virtual accounts, ledgering, Swift, and why settlement speed still matters
- The real opportunity: fixing dollar clearing and cross border flows
- How Lorum makes money, and why being “payments only” changes the incentives
- The fundraising sprint, choosing Northzone, and what great investors actually do day to day
- The hardest part early on: banking reality versus licensing theory in the Middle East
- How George runs transparency, morale, and intensity during high growth
- A simple lesson for founders: do not start a company unless you care deeply about the problem