Emerging and High Growth Companies

Zūm Rails in its closing of a $10.5 million Series A round

Zūm Rails
Key Contact
Raphaël Amram

Partner, Corporate, Montréal

Team
Michèle Orr Gaucher

Associate, Emerging and High Growth Companies, Montréal

Sarah Miles

Associate, Emerging and High Growth Companies, Montréal

On February 22, 2024, Zūm Rails announced it closed a $10.5 million Series A round. This all-equity round was led by Arthur Ventures. The company plans on utilizing the funding towards its payment platform designed to merge open banking with instant payments.

Zūm Rails is a fintech start-up that focus on offering payment products.

Osler, Hoskin & Harcourt LLP advised Zūm Rails with a team consisting of Raphaël Amram, Michèle Orr Gaucher and Sarah Miles (Emerging and High Growth Companies).

Value
$10.5 million
Date Closed
22 February 2024
Lead Office
Montréal
Key Contact
Raphaël Amram

Partner, Corporate, Montréal

Team
Michèle Orr Gaucher

Associate, Emerging and High Growth Companies, Montréal

Sarah Miles

Associate, Emerging and High Growth Companies, Montréal