QRails
Business Services · Colorado, United States · 11-50 Employees
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Overview
Headquarters
1855 Blake St Ste 201, Denver, Colorado,...Phone Number
(720) 990-5347Website
www.qrails.comRevenue
$6.4 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About QRails
QRails, Inc. offers a cloud-based, open API platform enabling payroll service providers, fintechs, banks, insurance companies, and other financial services businesses to deploy payment solutions. The company was founded in 2016 and is headquartered in Denver, Colorado.Explore more
QRails Org Chart
AR
Director, Banking Operations
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QRails is experiencing very low activity levels compared to other companies in the Business Services sector.
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QRails financials insights
Gather financial insights about QRails, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Series A
$8M
Debt
$350K
2021
Debt
$459K
QRails Tech Stack
A closer look at the technologies used by QRails
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Most Recent Scoops
Partnership
Integration, Partnership, Digital Technology, Compensation & Benefits, Financial Systems
Mergers & Acquisitions (M&A)
Mergers & Acquisitions
New Hire
Executive Move
Cary Strange has been named President. Previously Strange served as Chief Revenue Officer for XTM.
Lateral Move
Executive Move
Garrett Stanley has been appointed as Chief Information Security Officer.
Executive Moves, Lateral Move
Facilities Relocation / Expansion
Real Estate
QRails News & Media
XTM Secures up to USD $90M Debt Facility to Fund Earned Wage Access Growth
MIAMI & TORONTO--(BUSINESS WIRE)---- $PAID #Fintech--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations is pleased to announce that it has approval of a financing, totaling up to USD $90,000,000 with access to up to $30,000,000 for the initial funding and options to request $20,000,000 and thereafter increments of $25,000,000 as the requirements for Earned Wage Access. Concurrent and before the initialXTM’s Today Gratuity Payout Solution Launches in U.S. on QRails AnyDay™
MIAMI & TORONTO--(BUSINESS WIRE)---- $PAID #Fintech--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations is pleased to announce that it has officially integrated and merged XTM’s Today tipping solution into the QRails’ AnyDay Earned Wage Access (EWA) solution for its US clients resulting in an additional feature roll-out opportunity for large strategic partners such as SAP, Discover and Veritas Prime. EmpXTM Completes Acquisition of QRails, Inc
MIAMI & TORONTO--(BUSINESS WIRE)---- $PAID #Fintech--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations is pleased to announce that it has successfully completed its previously announced acquisition of QRails, Inc. (“QRails”), pursuant to which XTM acquired all of the issued and outstanding shares of QRails from its existing shareholders for an aggregate purchase price of US$3,500,000.00, which was paidXTM Provides Corporate Update
MIAMI & TORONTO--(BUSINESS WIRE)---- $PAID #Fintech--XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE: PAID / FSE: 7XT), a Miami and Toronto-based Fintech creator of payment innovations and mobile solutions specifically designed for service industries including hospitality, personal care and other service providers invites shareholders to a corporate update further to the announcement on June 15, 2023 “XTM SIGNS DEFINITIVE AGREEMENT TO ACQUIRE ISSUER, PROCESSOR, CERTIFIED EWA PROVIDER- QRAILS,
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QRails, Inc. offers a cloud-based, open API platform enabling payroll service providers, fintechs, banks, insurance companies, and other financial services businesses to deploy payment solutions. The company was founded in 2016 and is headquartered in Denver, Colorado.... Read More
