Revorium OÜ, an Estonian fintech company, has launched a payment platform designed to empower freelancers across developing nations, especially in Bangladesh by enabling instant withdrawals from global clients. The startup positions itself as a “one-stop freelancers’ payment solution,” connecting major payment methods like PayPal, Google Pay, Apple Pay, Visa, and Mastercard to local bank accounts with near-instant settlement.
Unlike traditional payment processors that require both parties to be registered users, Revorium allows freelancers to create a simple payment link that clients can use immediately — no account setup required. Transactions are processed within minutes, and funds can be withdrawn to local banks at flat, transparent fees.
“We want to make earning from global clients as easy as getting paid locally,” said Masud Rana, Revorium’s CEO, in the company’s investor pitch.
The Problem: Barriers That Cost Freelancers Clients
According to the startup’s deck, freelancers in developing markets face six major challenges: limited access to international payment platforms, delayed transfers, high fees, PayPal restrictions, and a lack of localized customer support.
These pain points often cause freelancers to lose up to 80% of potential clients and face serious cash flow issues. Revorium’s model seeks to fix this by enabling instant local withdrawals and offering Revorium Guard, a built-in protection system that secures payments and resolves disputes.
Early Traction and Growing Momentum
Revorium reports strong early traction:
- 7,000+ registered users and 1,000+ active users
- 95% retention rate among existing freelancers
- $100,000 processed in transactions to date
- $3,000 in monthly recurring revenue (MRR)
- $125,000 raised from investors in the UK and Singapore
The company’s freelancer community of over 100,000 members gives it an organic marketing advantage as it expands further in South Asia.
Market Opportunity: Bangladesh and Beyond
The global freelance economy is worth an estimated $493 billion, with 1.57 billion workers operating independently.
Revorium’s initial target market is Bangladesh, where the freelance economy is valued at $1 billion. With over a million active freelancers in the country, Revorium aims to capture 10% of this market—about $100 million in volume—within the next two years.
Competitive Edge
In a direct comparison with established players like Payoneer, Priyo Pay, and Elevate, Revorium highlights its differentiators:
- ✅ Instant withdrawal
- ✅ PayPal payment link
- ✅ No client account required
- ✅ 24/7 localized customer support
By combining fintech reliability with human-centric support, Revorium hopes to build deeper trust among freelancers who have traditionally struggled with payment reliability.
Revenue Model and Roadmap
Revorium’s business model centers on three primary income streams:
- Flat commissions per withdrawal ($4 per transaction)
- Revorium Guard – a $5 per-transaction protection feature
- Revorium Lifestyle – a membership plan offering benefits and perks
Future revenue streams include:
- AI-based freelancer marketplace SaaS ($10/month)
- Revorium Business for enterprise integrations
- International MasterCard and US Bank Account ($20/year subscription)
Funding and Future Plans
Revorium is currently raising the highest $150,000 seed round as a single investor to fund its next 12 months of operations.
The funds will be allocated as follows:
- 33% for working capital
- 33% for sales and marketing
- 17% for product and operations
- 17% for securing a white-label banking partner
The startup’s roadmap includes:
- 2025: Reach 100K customers and $1M in annual revenue
- 2026: Enter B2B market with $10M revenue
- 2027: Achieve $100M revenue milestone
- 2028: Expand operations to four countries
Leadership and Backing
Revorium’s founding team brings a mix of local fintech expertise and international experience:
- Masud Rana, CEO – Founder of Softcent and Swipe2Pay, fintech specialist
- Maruf Hossen, CTO – Formerly of WheeVPN, AI & cloud expert
- Daniel Matikinen, COO – European operations veteran, previously at Nordea and Neste
They are joined by Ms. Samira Alam (UK), an angel investor and board member associated with Dekko ISHO Venture Capital and Turtle Venture Studio.
Outlook
With the rise of remote work and digital freelancing, payment infrastructure has become a key differentiator for emerging economies. Revorium’s combination of speed, simplicity, and localized trust could help position it as a major player in the South Asian fintech scene.
If its growth trajectory continues, Revorium may soon stand alongside regional leaders like Payoneer and Wise but with a sharper focus on underserved freelancers in developing markets.
Website: www.revorium.com
Email: info@revorium.com
Headquarters: Tallinn, Estonia
