Montreal-based fintech Zūm Rails has joined forces with Western Union to deliver instant cross-border money transfers, tapping into Canada’s widely used Interac eTransfer system. [Read more…] about Zūm Rails Partners with Western Union to Power Real-Time Global Transfers
Zum Rails
Geographical Diversity in Financial Technology: Canada’s Fastest Growing Fintechs Span Nation
A financial technology firm is Canada’s fastest growing company.
Calgary’s Neo Financial claimed top spot in Report on Business magazine’s annual ranking of Canada’s Top Growing Companies for 2024 thanks to three-year revenue growth of 38,000%. [Read more…] about Geographical Diversity in Financial Technology: Canada’s Fastest Growing Fintechs Span Nation
Zūm Rails Establishes U.S. Headquarters in Miami Amid Rapid Growth
Montreal’s Zūm Rails announced today that they have formally established its U.S. headquarters in Miami and their CEO Miles Schwartz will permanently relocate to Florida. [Read more…] about Zūm Rails Establishes U.S. Headquarters in Miami Amid Rapid Growth
FinOps Market Map: Visualizing Canada’s Financial Operations Companies
The fintechs in this market map are companies that power the CFO’s office. They allow businesses to issue invoices, process payments, manage expenses & run payroll. These are behind the scenes tools that quite literally allow businesses to send & receive money. [Read more…] about FinOps Market Map: Visualizing Canada’s Financial Operations Companies
Zūm Rails Reveals Bank-Like Ambitions as Fintech Forges Next Product
Zūm Rails is working on perhaps its most ambitious product yet.
The Montreal-born financial technology firm, known for merging open banking and payments so businesses can use whichever rails they want, today announced the development of a Banking-as-a-Service project. [Read more…] about Zūm Rails Reveals Bank-Like Ambitions as Fintech Forges Next Product
Federal Government Continues Crawl Toward Open Banking Framework
Federal politicians have been speaking on the record about open banking since 2018.
Since then, we’ve endured a global pandemic, among other major events.
What hasn’t happened in that timeframe, however, is meaningful progress toward open banking in Canada. [Read more…] about Federal Government Continues Crawl Toward Open Banking Framework
Zūm Rails Raises $10M to Facilitate Open Banking Across North America
A Canadian company merging open banking and instant payments through an all-in-one gateway has raised a round of capital from a US investor as it eyes expansion south of the border. [Read more…] about Zūm Rails Raises $10M to Facilitate Open Banking Across North America
Four Fintech Startups Named Canada’s Most Innovative
CIX Canadian Innovation Exchange has announced the innovative Canadian technology startups for the their 2022 program. CIX published two lists annually, the Top 20 Early Stage companies and Top 10 Growth Stage companies. [Read more…] about Four Fintech Startups Named Canada’s Most Innovative