Orum.io
Orum built an API-based payment orchestration platform enabling businesses to access multiple U.S. payment rails (ACH, RTP, FedNow) through a single integration. Founded in 2019 and acquired by Stripe in July 2025, the company served payroll providers and marketplaces requiring time-sensitive transfers.
- Company typePrivate
- Founded2019
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Orum.io does
Orum is a U.S.-based financial infrastructure company founded in 2019 and headquartered in New York that built an API-based payment orchestration platform supporting multiple U.S. payment rails — ACH, RTP, and FedNow — through a single integration. The platform enabled businesses to reduce transaction latency, process real-time bank transfers, and verify bank accounts instantly via instant account validation. Orum's go-to-market targeted use cases requiring time-sensitive transfers, with stated primary segments of payroll providers and marketplaces that depend on reliable low-latency bank payments for buyer-seller or payee settlement. Revenue mechanics, pricing, and customer counts were not publicly disclosed.
Orum raised approximately $82 million across three funding rounds between August 2020 and July 2021, including a $56 million Series B co-led by Accel and Canapi Ventures, a $21 million Series A led by Bain Capital Ventures, and a $5.2 million seed round led by Homebrew. The company expanded its leadership team during the Series B period, including the appointment of Gaurav Tandon, alongside a C-suite covering commercial and operational functions. In July 2025, Stripe acquired Orum to integrate its multi-rail payment orchestration and instant bank account verification capabilities into Stripe's core payments infrastructure; transaction terms were not disclosed. Post-acquisition, Orum operates as a subsidiary of Stripe with its technology being integrated into Stripe's broader real-time payments stack.
Orum.io firmographics
Firmographics- Name
- Orum.io
- Legal name
- Orum
- Website
- https://orum.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Orum built an API-based payment orchestration platform enabling businesses to access multiple U.S. payment rails (ACH, RTP, FedNow) through a single integration. Founded in 2019 and acquired by Stripe in July 2025, the company served payroll providers and marketplaces requiring time-sensitive transfers.
- Ownership category
- akta.pro rank
Orum.io industry classification
Industry- Product category
- Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ)
- akta.pro secondary industries
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where Orum.io is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Orum.io business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Orum.io product offering
Product offeringCore offering
Orum provides a single API for accessing U.S. payment rails—RTP, FedNow, Same Day ACH, ACH, and Wires—along with instant bank account verification. The platform orchestrates payment operations across these rails to reduce transaction latency and streamline customer onboarding for businesses requiring time-sensitive transfers.
Product overview
Orum is a financial infrastructure platform providing API-based payment orchestration tools. The single core product supports multiple U.S. payment rails—ACH, RTP, and FedNow—enabling businesses to reduce transaction latency, process real-time payments, and verify bank accounts instantly. Orum's platform is designed for time-sensitive transfers and is particularly targeted at payroll providers and marketplaces. The company was acquired by Stripe in 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Orum Payment Orchestration Platform API-based financial infrastructure platform that supports multiple U.S. payment rails (ACH, RTP, FedNow, Same Day ACH, and Wires) for payment orchestration, enabling businesses to reduce transaction latency, process real-time bank transfers, and streamline onboarding through instant account verification. Designed for time-sensitive transfers for businesses such as payroll providers and marketplaces.
Companies that use Orum.io
Customer profileSegments2 records
Ideal customer profiles2 records
Orum.io technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Orum.io partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship.
- StripeflagshipStripe acquired Orum to expand its real-time payments and bank account verification capabilities. The acquisition integrates Orum's multi-rail payment technology (ACH, RTP, FedNow) into Stripe's core payments infrastructure as part of Stripe's strategy to invest in next-generation financial infrastructure.
- StripeflagshipStripe completed an acquihire of Orum's team. The integration supports Stripe's efforts to enhance low-latency bank payments for businesses dependent on time-sensitive transfers like payroll providers and marketplaces. Orum had raised over $80 million in venture capital prior to this acquisition.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Orum.io competitors and assessment
Company assessmentDirect peers
- Modern Treasury: Modern Treasury provides payment operations software with APIs for initiating, tracking, and reconciling ACH, wire, RTP, and check payments—directly overlapping Orum's multi-rail orchestration focus for B2B and platform use cases.
- Plaid: Plaid offers bank account verification and A2A payment initiation (Plaid Auth, Plaid Transfer) capabilities—overlapping with Orum's instant account validation and bank-to-bank payment orchestration functionality.
- Dwolla: Dwolla provides an ACH-focused API platform for bank-to-bank transfers and account verification—directly comparable to Orum's payment orchestration and verification capabilities for U.S. payment rails.
- Increase: Increase provides APIs for ACH, wire, and real-time payments, along with bank account and balance infrastructure—closely mirroring Orum's multi-rail orchestration and instant verification offerings.
- Finix: Finix offers payment infrastructure for software platforms and marketplaces to accept and send payments—including A2A and card rails—overlapping Orum's marketplace and platform payment orchestration focus.
Broad incumbents
- Galileo Financial Technologies: Galileo (a SoFi company) provides broad payment processing infrastructure including ACH, real-time payments, and account verification APIs—overlapping Orum's orchestration stack as a larger, more established incumbent fintech infrastructure provider.
- Stripe: Stripe is now Orum's parent company, but pre-acquisition Stripe offered Treasury and Connect capabilities covering ACH and real-time payments—a broad incumbent whose platform overlap with Orum drove the strategic acquisition.
Emerging players
- Synctera: Synctera offers end-to-end embedded banking infrastructure including ACH, RTP, and FedNow payment capabilities through partner banks—competing with Orum on multi-rail payment orchestration for fintech platforms.
- Column (Column Bank): Column operates as an API-first bank with native real-time payments infrastructure (RTP, FedNow, wire, ACH)—an emerging platform that competes with Orum's orchestration by offering direct banking rails via API.
- Veem: Veem provides multi-rail payment orchestration focused on business payments, including ACH and real-time options—comparable to Orum's B2B payment orchestration and marketplace use case support.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Orum.io social profiles
Digital presenceOrum.io financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orum.io leadership team
Management profileNumber of profiles
Profiles7 records
Orum.io funding detail
Funding detailFunding overview
Funding rounds3 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orum.io M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orum.io
What does Orum.io do?
Orum provides a single API for accessing U.S. payment rails—RTP, FedNow, Same Day ACH, ACH, and Wires—along with instant bank account verification. The platform orchestrates payment operations across these rails to reduce transaction latency and streamline customer onboarding for businesses requiring time-sensitive transfers.
Is Orum.io a public or private company?
Orum.io is a private company. It is classified as corporate owned and is currently acquired.
When was Orum.io founded?
Orum.io was founded in 2019. It employs 51 to 100 people.
Where is Orum.io based?
Orum.io is headquartered in New York, United States, in the North America region.
Who are Orum.io's main competitors?
Direct peers on record are Modern Treasury, Plaid, Dwolla, Increase and Finix. Broad incumbents are Galileo Financial Technologies and Stripe. Emerging players are Synctera, Column (Column Bank) and Veem.
Does Orum.io have an API?
Yes. Orum provides API-based tools supporting multiple U.S. payment rails including ACH, RTP, and FedNow, enabling businesses to reduce transaction latency and streamline onboarding through instant account validation. The platform's API enables bank account verification and payment orchestration capabilities.
What industry is Orum.io in?
Orum.io's product category is Payment Infrastructure. Its primary akta.pro industry code is FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails), with a secondary code of FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant). Its NAICS code is 52232 and its SIC code is 6099.