Press

Press & Awards

Company Description


25 Words

Payment Rails is the next-generation API-first payouts platform that enables businesses to send payments to any individual or company in over 220 countries.

50 Words

Payment Rails is the next-generation API-first payouts platform that enables businesses to send payments to any individual or company in over 220 countries, in any currency and to any payment method. Through its powerful API, businesses can access Payment Rails’ global banking, international ACH, faster payment systems and real-time networks

100 Words

Payment Rails is the next-generation API-first payouts platform that enables businesses to send payments to any individual or company in over 220 countries, in any currency and to any payment method. Through its powerful API businesses can access Payment Rails’ global banking, international ACH, faster payment systems and real-time networks, on a pay-as-you-go basis with no setup costs.

Payment Rails simplifies global mass payouts for online marketplaces, on-demand and share economy platforms, ad networks, affiliate platforms, app stores, and growing businesses with international payout needs.

Logos & Name


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Please note that “Payment Rails” are two separate words.

Recent Coverage


12/13/2017 – Betakit: Payment Rails Launches API to Help Businesses Set Up Global Payment Platforms

12/11/2017 – Payments Source: In the gig economy, Payment Rails aims to speed payments to ‘influencer marketing’

12/11/2017 – MTLinTECH: Payment Rails Launches First Truly Global Payment Platform to Send Payments to 220 Countries

12/09/2017 – ProgrammableWeb: Payment Rails Launches Global Payout API

12/08/2017 – PYMNTS: Payment Rails Latest To Roll Out API-Enabled Global Business Payments Platform

12/07/2017 – Finextra: API-first payout platform Payment Rails launches

10/10/2017 – Techvibes: Payment Rails Closes Seed Round, Former PayPal President Joins as Advisor

10/10/2017 – International Finance: Ex-President of PayPal Scott Thompson joins Canadian fintech startup Payment Rails as investor and board advisor

10/10/2017 – Betakit: Payment Rails Raises $1.1 Million, Adds Ex-PayPal President As Board Advisor

10/10/2017 – Payments Journal: Ex-President of PayPal Scott Thompson Joins Canadian Fintech Startup Payment Rails as Investor and Board Advisor

10/11/2017 – Finextra: Ex-PayPal boss Thompson backs Canadian fintech Payment Rails

10/11/2017 – The Paypers: Canadian startup Payment Rails closes USD 1 mln funding round

01/31/2017 – MTLinTECH: Payment Rails hires VP Engineering from Silicon Valley

01/31/2017 – Techvibes: The Fintech Five powered by PayPal

01/17/2017 – BANKNXT: Tim Nixon from Payment Rails on Canada’s fintech potential

01/14/2017 – TechPORTFOLIO: Payment Rails Pushes Fintech Beyond Borders

01/13/2017 – PaymentsSource: New rails for the app economy

01/13/2017 – StartUp HERE Toronto: Payment Rails Pushes Fintech Beyond Borders

01/12/2017 – Finextra: Payment Rails heads into public beta

12/22/2016 – MTL in Tech: Meet the 11 startups at FCP changing the way we use money

12/06/2016 – Journal de l’assurance: Les 10 FinTech québécoises qui ont le vent en poupe

09/21/2016 – La Presse: Occasion de rêve pour un entrepreneur d’ici

05/14/2016 – Les Affaires: Fintechs : bulle, pas bulle ?

03/10/2016 – BetaKit: District 3 boosts Montreal FinTech scene with Fintech Breakfast Parlay

Awards & Recognition


Payments Canada FinTech Cup – “People’s Choice” | 2017
Winner of the People’s Choice Award

FinTech Demo Day | 2015
Finalist

Finance Montreal Fintech Startup Pitch Competition | 2016
Finance Montreal’s Canada FinTech Forum ‘7 Minutes to Win’ Pitch Contest | 2016

1st Place

FinTech Breakfast Parlay Pitch Competition | 2016
Finalist

Benzinga Fintech Awards ‘Solving Problems Through Payments’ | 2017
Finalist

7th Annual Ivey Venture Forum | 2016
Finalist

Fintech Start-up / Up and Coming of the Year | 2016
Finalist