Orum.io

API for fast and reliable payments

New York City, New York, United States

About Orum.io

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 variety of clients, including online marketplaces and creator platforms, which benefit from quick and reliable payout solutions. Unlike many competitors, Orum.io focuses on optimizing both speed and cost, ensuring that transactions are processed in real-time to meet customer expectations. The goal of Orum.io is to enhance user trust and loyalty by providing a dependable payment solution that allows businesses to concentrate on their core activities while ensuring their customers have immediate access to funds.

New York City, New YorkHeadquarters
2019Year Founded
$80MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

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

Risks

Increased competition from emerging fintech startups could dilute Orum's market share.
Rapid evolution of payment technologies requires continuous adaptation from Orum.
Potential regulatory changes could impose additional compliance costs on Orum.

Differentiation

Orum offers a simple API for fast, reliable payments across major rails.
Orum's No Code Verify solution prevents failed payments without API integration.
Orum directly connects to Federal Reserve payment rails, optimizing transactions.

Upsides

Integration with AI-driven fraud detection enhances Orum's payment verification process.
Embedded finance solutions offer Orum opportunities to expand its API reach.
Demand for real-time payment solutions aligns with Orum's core offerings.