When was Lorum founded?

Lorum was founded in 2023 and raised its 1st funding round 2 years after it was founded.

Where is Lorum located?

Lorum is headquartered in New York, United States.

How many employees does Lorum have?

As of Aug 31, 2026, the latest employee count at Lorum is 91.

Is Lorum a funded company?

Lorum is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 03, 2025.

When was the latest funding round of Lorum?

Lorum's latest funding was a $***** Seed round on Apr 03, 2025, with participation from 3 investors.

Where does Lorum rank among its competitors?

Lorum ranks 7th amongst 118 active competitors, of which 10 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ripple, which secured $275M in Aug, 2026.

Who are the top competitors of Lorum?

Lorum's top competitors include Ripple, Form3 and Infinant. Among them, Ripple secured the most recent funding round in August, 2026.

Lorum - 2026 Company Profile, Funding & Competitors

Company Details

Provider of infrastructure for multi-currency clearing and virtual IBAN accounts. It offers direct clearing, settlement, and liquidity management across various markets. The infrastructure supports programmatic issuance of segregated client accounts and virtual IBANs. It facilitates cash management with wholesale FX rates and automated liquidity sweeps. The platform provides a single ledger for automated reconciliation and balance management.

Website: www.lorum.com/
Email ID: *****@lorum.com

Key Metrics

Founded Year

2023

Location

New York, United States

Stage

Seed

Total Funding

$6.6M in 1 round

Latest Funding Round

Seed, Apr 03, 2025, $*****

Investors

Northzone & 4 more

Ranked

7^th among 118 active competitors

Employee Count

91 as on Aug 31, 2026

Similar Companies

Ripple & 124 more

View Lorum's full profile

Lorum has raised a total funding of $6.6M over 1 round. Its latest funding round was a Seed round on Apr 03, 2025 for $*****. 3 investors participated in its latest round. Lorum has 5 institutional investors.

Here is the list of recent funding rounds of Lorum:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 03, 2025	1010087	Seed	8750214	8034740	5466166	1080067

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View details of Lorum's funding rounds and investors

Lorum's employee count trend

Lorum has 91 employees as of Aug 26. Here is Lorum's employee count trend over the years:

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Top competitors of Lorum include Ripple, Form3 and Infinant. Here is the list of Top 10 competitors of Lorum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ripple 2012, San Francisco (United States), Series D	Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody	$853M	China Growth Capital, AME Cloud Ventures ... & 105 others	80/100
2nd	Form3 2016, London (United Kingdom), Series C	Provider of cloud-based merchant acquiring solutions for banks	$278M	Molten Ventures, 83NORTH & 31 others	63/100
3rd	Infinant 2021, Charlotte (United States), Series A	Provider of a platform for banks to manage accounts and payments	$20M	FINTOP, JAM FINTOP & 4 others	60/100
4th	Tassat 2017, New York City (United States), Series B	Blockchain-based solutions for the financial solutions sector	$78.6M	HashKey Capital, gCC & 5 others	57/100
5th	Montran 1979, New York City (United States), Unfunded	Provider of payment, settlement and CSD solutions to banks	-	-	52/100
6th	CredoPay 2014, Chennai (India), Seed	Merchant acquirer payment processing solutions for businesses	$10.2M	EzSwype, Tjgreenenergy & 7 others	48/100
7th	Lorum 2023, New York (United States), Seed	Provider of infrastructure for multi-currency clearing and virtual IBAN accounts	$6.6M	Northzone, Illuminate Financial & 3 others	47/100
8th	Allied Payment 2010, Fort Wayne (United States), Acquired	Payment processing solutions for banks & credit unions	$9.11M	Plymouth Growth, RF Investment Partners & 1 others	46/100
9th	Clear2Pay 2001, Brussels (Belgium), Acquired	A payments technology vendor	$92.4M	Hummingbird Ventures, IRIS & 3 others	44/100
10th	EdgePulse Wilmington (United States), Series A	Provider of financial infrastructure for high volume trading and gaming	$38.4M	CoinFund, Bullpen Capital & 3 others	43/100