Simplify Logo
Orum.io

Orum.io

API for fast and reliable payments

About

Orum.io provides a straightforward API that enables businesses to process fast payments efficiently. This API acts as a digital bridge, allowing companies to send and receive money without the complications and delays associated with traditional bank integrations. Orum.io serves a diverse clientele, including online marketplaces and creator platforms, which benefit from quick and reliable payout solutions. The company distinguishes itself from competitors by focusing on speed and reliability, addressing the growing demand for real-time transactions in the financial technology sector. The goal of Orum.io is to help businesses streamline their payment processes, ensuring that their customers have immediate access to funds, thereby enhancing user trust and loyalty.

Company Stage

Series B

Employees

11-50

Industries

Consulting, Fintech, Financial Services

Total Funding

$61.2M

Headquarters

N/A

Founded

2019


Simplify Jobs

Simplify's Take

What believers are saying

  • Orum.io's partnerships with major financial institutions like the Federal Reserve enhance its credibility and market reach.
  • The launch of innovative solutions like No Code Verify and Deliver API positions Orum.io as a leader in payment technology.
  • Recognition as a Nacha Preferred Partner can attract more clients seeking reliable and fast payment solutions.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar payment solutions.
  • Dependence on regulatory approvals and compliance could slow down Orum.io's ability to innovate and expand.

What makes Orum.io unique

  • Orum.io's direct connection to Federal Reserve payment rails sets it apart from competitors who rely on third-party banking partners.
  • The company's No Code Verify solution eliminates the need for API integration, making it accessible to a broader range of businesses.
  • Achieving Nacha Certified status underscores Orum.io's commitment to reliability and security in payment processing.

Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-8%

2 year growth

-33%

Recently Posted Jobs

Sign up to get curated job recommendations

Orum.io is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Orum.io's jobs every 8 hours, so check again soon! Browse all jobs →