Stripe Purchases Orum Without Disclosing Price Tag
Stripe, the leading payment processing company, has announced its acquisition of Orum, a payment orchestration startup. This strategic move is aimed at enhancing Stripe's real-time payment capabilities and expanding its non-card payment infrastructure.
Orum's advanced API solutions enable instant payouts and direct connections to key US payment rails, including FedNow, RTP (Real-Time Payments), ACH, and wire transfers. The acquisition strengthens Stripe’s ability to offer faster, seamless, and AI-enabled payment orchestration directly on the US Federal Reserve’s payment rails (FedNow), enhancing its position in the rapidly growing real-time payments market.
The deal enables Stripe to tackle long-standing issues with slow interbank transfers, which can take multiple days, by leveraging Orum’s technology that processes instant bank account verification and pre-authorizes transactions within seconds. This will significantly reduce delays and compliance challenges in the US payments ecosystem.
The acquisition forms part of Stripe’s broader strategy to lead the next generation of payment infrastructure. Orum’s founder and CEO will also join Stripe’s leadership, signaling the integration of Orum’s expertise into Stripe’s future payment innovation roadmap.
This move positions Stripe as a leader in an ecosystem where speed, certainty, and seamless orchestration are essential. The growing interest in stablecoins, favored for their real-time settlement, is contributing to the ramp-up of real-time payments globally. Stripe recently acquired Bridge, a stablecoin platform, for $1.1 billion, further solidifying its position in this space.
Orum has raised a total of $82.2 million from investors, including Bain Capital Ventures, Accel, and Canapi Ventures. The financial details of the acquisition were not disclosed. Stripe processed over $1.4 trillion in total payment volume in 2024, and the acquisition of Orum is one of several acquisitions made by Stripe in recent times.
The launch of FedNow in the US in 2023 has sparked conversations about real-time payments worldwide. Orum offers a single solution for accessing RTP, FedNow, Same Day ACH, ACH, and wires. With this acquisition, Stripe is making a deliberate move to build a modern, comprehensive, and real-time payments ecosystem in the US, positioning the company as a dominant player in instant payments and reducing friction in financial transfers.
[1] TechCrunch. (2025, March 1). Stripe acquires Orum to bolster real-time payment capabilities. Retrieved from https://techcrunch.com/2025/03/01/stripe-acquires-orum-to-bolster-real-time-payment-capabilities/
[2] The Information. (2025, March 1). Stripe to acquire Orum for undisclosed sum. Retrieved from https://www.theinformation.com/articles/stripe-to-acquire-orum-for-undisclosed-sum
[3] Orum. (2025, March 1). Orum to join Stripe. Retrieved from https://www.orum.com/news/orum-to-join-stripe
[4] The Wall Street Journal. (2025, March 1). Stripe acquires Orum to boost real-time payments. Retrieved from https://www.wsj.com/articles/stripe-acquires-orum-to-boost-real-time-payments-11677815603
[1] This strategic acquisition of Orum by Stripe demonstrates a commitment to expanding its business in finance and technology, particularly in the realm of real-time payments.
[2] The integration of Orum's technology will enable Stripe to provide faster, seamless, and AI-enabled payment orchestration in the rapidly growing business of real-time payments, directly on US Federal Reserve's payment rails (FedNow).
