Karum is not a bank.
Why that's a good thing.

Based on the unique position Karum holds in the retail value-chain, we offer strategic opportunities for financial institutions to decrease costs and improve gross margins. Our processing capabilities are specifically engineered to manage millions of accounts at a fraction of the cost of other processing solutions in the market. Similarly, with our superior approval rates and favorable charge-off percentages, we are able to offer attractive returns for financial institutions looking to reduce their cost of goods.

Karum is working with Mega Financial Services with one of its retailers, Carabela.