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Orum.io provides a simple, API-based solution for fast, reliable payments. It offers a digital bridge that lets businesses move money quickly and cheaply without complex bank integrations, enabling instant payouts for customers. The API is designed to be integrated by online marketplaces, creator platforms, and other businesses that require real-time payments, helping maintain user trust and loyalty. Unlike traditional payment rails, Orum.io focuses on speed and reliability through an API-first approach, aiming to eliminate delays and high costs associated with bank transfers. The goal is to be the trusted, real-time payout provider that businesses can depend on to give customers instant access to cash.
Industries
Fintech
Financial Services
Company Size
1-10
Company Stage
Series B
Total Funding
$82.2M
Headquarters
New York City, New York
Founded
2019
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Total Funding
$82.2M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Paid Vacation
Paid Sick Leave
Paid Parental Leave
Employee Stock Purchase Plan
Health Savings Account/Flexible Spending Account
Home Office Stipend
Phone/Internet Stipend
Professional Development Budget
Orum's funding to date totals $82 million from investors including Bain Capital Ventures, Accel, and American Express Ventures.
Stripe acquires Orum to Expand capabilities in Real-Time Payments and bank account verification.
Stripe has acquired financial tech startup Orum.io, as announced by Orum's CEO Stephany Kirkpatrick. Founded in 2019, Orum focuses on instant payments and bank account verification. The acquisition, announced on July 18, 2025, aligns with Stripe's strategy to expand beyond card payments. Orum has raised over $80 million from investors like Inspired Capital and Bain Capital Ventures. This move enhances Stripe's real-time payment capabilities and marks a strategic exit for Orum.
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge in instant payment capabilities across the globe, as announcements focus on bringing faster payments to new use cases for consumers and businesses. The moves to broaden the reach of the payments themselves across the global stage are being driven by a combination of FinTech innovation, partnerships and infrastructure upgrades
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Orum, which offers an API for fast, reliable payments, is now a Nacha Preferred Partner for ACH Experience and has also attained Nacha Certified status. Orum optimizes and automates ACH payment processes for businesses and institutions via its money movement solution, Deliver, and its instant bank account verification technology, Verify. The modern APIs allow businesses to launch payments and instant bank account verification in one sprint or less, eliminating the need for costly bank integrations. "We welcome Orum as a Preferred Partner for ACH Experience and congratulate them on achieving Nacha Certified standing," said Jane Larimer, President and CEO of Nacha. "Nacha's Preferred Partners are driving significant advancements in the ACH Network, and Nacha Certified third parties promote the integrity of the ACH Network."
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Industries
Fintech
Financial Services
Company Size
1-10
Company Stage
Series B
Total Funding
$82.2M
Headquarters
New York City, New York
Founded
2019
Find jobs on Simplify and start your career today