Tech Company Financing Transactions
Zum Rails Funding Round
On 2/23/2024, Zum Rails received $7.7 million in Series A funding from Arthur Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/23/2024
Transaction Type
Venture Equity
Amount
$7,725,000
Round
Series A
Investors
Arthur Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further expand its payments offerings, including the introduction of new Banking-as-a-Service features for merchants.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
486 Saint-Catherine St W
Montreal, Quebec, H3B 1A6
Canada
Montreal, Quebec, H3B 1A6
Canada
Phone
Website
Email Address
Overview
At Zum Rails, the sky's the limit as we continuously work to evolve and grow our software to create smarter, safer, and more efficient ways to move money. Regardless of the vertical or industry, we strive to find real solutions for everyday financial problems and simplify the complexities of payments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Milewski
Chief Technical Officer
Marcel Ferreira
VP - Human Resources
Jelena Radecki
VP - Product Management
Krishna Vempati
VP - Sales
Miles Schwartz
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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