Orum.io

Orum.io

API-based real-time payments for businesses

Overview

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.

Significant Headcount Growth

About Orum.io

Simplify's Rating
Why Orum.io is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

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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Simplify's Take

What believers are saying

  • Stripe acquihired Orum for $80M on July 18, 2025, validating technology.
  • Nacha certified Orum as Preferred Partner for ACH optimization.
  • Visa Direct partnership launched February 26, 2025, expands payout options.

What critics are saying

  • Stripe acquihire dissolves Orum's independent operations immediately.
  • Plaid erodes Orum's market share via established ACH and RTP integrations.
  • Investor lawsuits strand $82M backers without liquidity in 3-6 months.

What makes Orum.io unique

  • Orum's Deliver API connects directly to Federal Reserve rails for 24/7 payments.
  • No Code Verify enables instant bank verification without API integration.
  • Unified API accesses RTP, FedNow, ACH, Wires, and Visa Direct seamlessly.

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Funding

Total Funding

$82.2M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$56M
Orum.io
$65M
Substack
$100M
ClickUp

Benefits

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

Company News

The Financial Technology Report
Aug 11th, 2025
Stripe Buys Paytech Startup Orum to Boost Payment Capabilities

Orum's funding to date totals $82 million from investors including Bain Capital Ventures, Accel, and American Express Ventures.

FinTech Weekly
Jul 20th, 2025
Stripe Acquires Orum to Expand Capabilities in Real-Time Payments and Bank Account Verification

Stripe acquires Orum to Expand capabilities in Real-Time Payments and bank account verification.

Crowdfund Insider
Jul 19th, 2025
Stripe Acquires Orum for $80M

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.

PYMNTS
May 14th, 2025
Businesses Embrace Real-Time Payments At The $10 Million Mark

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

Business Wire
May 7th, 2024
Nacha Announces Orum As A Preferred Partner For Ach Experience And Nacha Certified

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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