Orum

Orum

Verified
Provides embeddable financial-infrastructure products bringing smart, real-time, and fully automated money-movement to enterprises across verticals. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$224—336m (Dealroom.co estimates Jun 2021.)
New York City New York (HQ)

Financials

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-1934 %91 %-
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
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DateInvestorsAmountRound
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$0.0

round
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$0.0

round
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round
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$56.0m

Series B
Total Funding000k

Recent News about Orum

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More about Oruminfo icon
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Orum.io is a fintech startup that offers a simple and reliable API (Application Programming Interface) for fast payments. The company's primary service is to facilitate the movement of money, optimizing for speed and cost. In simpler terms, Orum.io provides a digital bridge that allows businesses to send and receive payments quickly and efficiently, without the need for costly and time-consuming bank integrations.

The company operates in the financial technology market, serving a wide range of clients including online marketplaces, creator platforms, and any businesses that require fast and reliable payout solutions. Orum.io's business model is likely based on charging fees for transactions processed through its API, although specific pricing details are not publicly available.

Orum.io's value proposition lies in its promise of reliability and speed. In a world where real-time transactions are becoming the norm, Orum.io positions itself as a trusted solution that businesses can rely on to meet their customers' expectations for instant access to cash. The company's services are particularly beneficial for online marketplaces and creator platforms, where slow and unreliable payouts can significantly impact user trust and loyalty.

In summary, Orum.io is a promising fintech startup that offers a simple, fast, and reliable solution for businesses to manage their payments. By eliminating the need for complex bank integrations, Orum.io enables businesses to focus on their core operations while ensuring their customers have instant access to their cash.

Keywords: Fintech, API, Fast Payments, Reliable, Online Marketplaces, Creator Platforms, Real-Time Transactions, User Trust, Customer Loyalty, Bank Integrations.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.