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Zūm Rails Raises CAD$10 5M in Series A Funding

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Profitable payments startup Zūm Rails closes $10 5-million Series A

Bootstrapped since 2019, Montréal-based FinTech startup Zūm Rails has now raised $10.5 million CAD in Series A financing for its payments platform that seeks to merge open banking with instant payments.

United statesMarc milewskiMarcel ferreiraMiles schwartzArthur venturesVisa directCanadian fintechZum railsPayment rails

Zūm Rails takes in first capital to launch new banking-as-a-service, FedNow offerings

Zūm Rails manages the flow of money by verifying a customer’s identity, linking directly with bank accounts and facilitating payments.

United statesJake olsonMarc milewskiMiles schwartzVisa directArthur ventures

Zūm Rails Raises $7 Million to Expand Open Banking Offering

Montreal-based company Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution in the U.S.

United statesMarc milewskiClaire greeneFederal reserveFederal reserve bankSocial security

Open Banking and Intelligent Payment Plaform Zūm Rails Introduces Anti-Fraud Tools

Open Banking and Intelligent Payment Plaform Zūm Rails Introduces Anti-Fraud Tools
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Marc milewskiOpen bankingInstant depositVisa directRails instant depositVisa secureதிறந்த வங்கிஉடனடி வைப்புவிசா நேரடிவிசா பாதுகாப்பானது

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