New York based data platform for real-time payments raised $56m in Series B funding led by Accel and Canapi Ventures.
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Orum raises $56m to help speed up interbank transfers
“Most Americans are not familiar with the intricacies of ACH (automated clearing house) or why it takes multiple business days to move money between accounts...but none of us can allow money to wait 5-7 days to hit our accounts. It needs to be instant," said Stephany Kirkpatrick, founder and CEO.
