$198-226k
+ Employee stock incentive plan
Frictionless financial infrastructure
Open for applications
Frictionless financial infrastructure
21-100 employees
Open for applications
$198-226k
+ Employee stock incentive plan
21-100 employees
To maximize the financial potential of every American household.
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To maximize the financial potential of every American household.
Orum is changing the game when it comes to banking transactions, offering a platform that speeds up the process dramatically. Traditionally, payments made through the Automated Clearing House (ACH) network can take up to five days to process, leaving both consumers and banks frustrated by the delays. Orum's solution is simple yet powerful - accelerating these transactions and bringing a new level of efficiency to the financial world.
One of Orum’s standout services, Foresight, uses AI to predict whether funds are available in an account before transactions are authorized, effectively eliminating the wait time. The second service, Momentum, takes things a step further by selecting the optimal route for each transaction based on cost and speed. Whether it's ACH, credit card networks, real-time payment systems, or eventually blockchain-based networks, Momentum ensures that payments happen as quickly and affordably as possible.
Since its launch in 2019, Orum has made impressive strides, reducing the processing time for 85% of transfers for likes like SoFi and First Horizon to just one day. Backed by funding from heavyweights like Accel and Bain Capital, Orum is poised to continue shaking up the payment industry and redefine how transactions are made.
Steph
Company Specialist at Welcome to the Jungle
Jun 2021
$56m
SERIES B
Apr 2021
$21m
SERIES A
This company has top investors
Stephany Kirkpatrick
(Founder & CEO)Studied Financial Planning at UCLA, and at the Yale School of Management. At the beginning of her career, spent 8 years as Director of Retirement Planning at Pension Architects. Worked at LearnVest for 7 years, promoted from VP of Operations to General Manager. Became VP of Digital Products at Northwestern Mutual. Most recently worked as GM of Digital Strategy at SoulCycle.
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