Zūm Rails: Funding, Investors & Team (Aug 2026)
Zūm Rails delivers payment management solutions that eliminate friction, optimize efficiency, and give you a competitive advantage in the market place. Sending and receiving payments is the life-blood of any fast-growing business. But payment processing is full of friction and pain points that can impede the growth of your business. Our API friendly platform allows your business onboard new clients, manager recurrent payments, request or send funds using different rails in Canada, EFT/ACH, Visa Direct, Interac and Merchant Credit Cards.
Zūm Rails has raised $7.8M across 1 funding round on record, the most recent a Series A of $7.8M announced in Feb 2024.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Zūm Rails Company Profile and Key Stats
Latest funding round on record: Feb 2024.
Zūm Rails Funding Rounds
Zūm Rails Founders and Leadership Team
Contact details for the Zūm Rails team: 1 of 1 has an email address on file.
Start 14-day free trial →Zūm Rails Funding Compared to Other Financial Services Startups
Zūm Rails' latest round of $7.8M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Zūm Rails Funding FAQs
What does Zūm Rails do?
Zūm Rails delivers payment management solutions that eliminate friction, optimize efficiency, and give you a competitive advantage in the market place. Sending and receiving payments is the life-blood of any fast-growing business. But payment processing is full of friction and pain points that can impede the growth of your business. Our API friendly platform allows your business onboard new clients, manager recurrent payments, request or send funds using different rails in Canada, EFT/ACH, Visa Direct, Interac and Merchant Credit Cards.
How much funding has Zūm Rails raised?
Zūm Rails has raised $7.8M across 1 round on record. The most recent is a Series A of $7.8M announced in Feb 2024.
When did Zūm Rails last raise funding?
Zūm Rails' most recent funding round on record is a Series A of $7.8M, announced in Feb 2024.
Who founded Zūm Rails?
FundedIQ lists Miles Schwartz (Founder) at Zūm Rails.
Where is Zūm Rails headquartered?
Zūm Rails is based in Montréal, Quebec, Canada.
How many employees does Zūm Rails have?
Zūm Rails is in the 11-50 employee band.
How does Zūm Rails' funding compare to other Financial Services startups?
Zūm Rails' latest round of $7.8M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Zūm Rails Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Zūm Rails is left off this page rather than filled in.
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