The Work Index by Flexa

Orum.io

Orum is a fintech company that provides fast, reliable payments and instant bank account verification through simple APIs.

7.0

/10

Transparency ranking

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Description

Orum is a fintech company that provides a simple API for fast and reliable payments. It offers a range of payment services, including FedNow, RTP, Same Day ACH, ACH, and Wires, allowing businesses to send and receive money quickly and efficiently. Their "Direct to Fed" solution is built on a direct connection to The Federal Reserve's payment rails, offering customers both exceptional speed and pricing advantages. Orum also provides instant bank account verification technology, eliminating the need for traditional microdeposits and reducing fraud risk.

Orum caters to a variety of industries, including insurance, brokerage, marketplace, and creator platforms. Their solutions are designed to help businesses streamline their payment processes, reduce costs, and improve customer satisfaction. Orum prides itself on its easy-to-integrate API and expert support, allowing customers to go live in two weeks or less. Their commitment to innovation and customer success has earned them recognition from industry publications like American Banker and Tearsheet.

Flexibility

Orum is a remote-first company that is committed to providing a flexible and equitable work environment for its employees. They believe that working remotely allows them to build a diverse team and provides employees with the flexibility to bring their best selves to work while having the support to enjoy their personal lives. They invest in the right tools and practices to enable individuals to work effectively from anywhere and have a consistent remote work strategy to support a diverse team.

Remote

Benefits

Orum offers a comprehensive benefits package for its employees, which includes 100% paid medical premiums for employees and their families, medical travel and home office expense funds, paid company-wide mental health days, 401(k) match, 12 paid holidays and a company-wide week of paid time off in December, biweekly meeting-free deep work days, employee stock incentives, paid parental leave, dental and vision plans, healthcare and dependent care flexible spending accounts, and ongoing professional development opportunities.

Enhanced parental leave
WFA scheme

Mission

Orum's mission is to power a better financial system where everyone has the freedom to build to their potential. By providing instant access to money through their fast, reliable payment and bank account verification solutions, Orum aims to bridge the financial gap and create a more equitable and accessible financial future for all. They believe that instant money movement empowers people, fuels economic opportunity, and ultimately helps create a more ambitious future for all Americans.

Automation
Data-driven
Disruptor

Culture

Orum promotes a remote-first, people-first culture that emphasizes flexibility, inclusion, and a commitment to creating a work environment where everyone feels valued. The company invests in tools and practices that enable employees to bring their best selves to work while supporting their personal lives. They also prioritize diversity of thought and background, believing that a multidimensional team is essential to solving complex problems in the financial industry.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Orum embraces a remote-first and people-first culture, prioritizing diversity, equity, and inclusion in all aspects of their business. They recognize the value of a multidimensional team, fostering an equitable and inclusive work environment where everyone's voice is heard. By investing in remote work practices, they cultivate a diverse team composed of individuals with a range of backgrounds and skill sets, fostering a culture of respect for diversity of thought and people.

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