What is XTM?
XTM Inc., formerly Extreme Corp Makeover Inc., is a Canadian financial technology company established in 2005 and headquartered in Toronto. The company focuses on designing, building, and maintaining customized payment and ecommerce solutions for both businesses and consumers. Its product suite includes innovative mobile banking solutions and versatile card issuing capabilities, catering to loyalty programs, reward systems, and corporate payouts such as tips and wages. XTM Inc. is strategically positioned to address the evolving needs of digital commerce and financial transactions.
How much funding has XTM raised?
XTM has raised a total of $12.3M across 3 funding rounds:
Stock Offering
$1.2M
Other Financing Round
$1.1M
Other Financing Round
$10M
Stock Issuance/Offering (2021): $1.2M, investors not publicly disclosed
Other Financing Round (2024): $1.2M, investors not publicly disclosed
Other Financing Round (2024): $10M supported by Pateno Payments
Key Investors in XTM
Pateno Payments
Pateno Payments offers advanced business payment solutions that are seamless, secure, and customizable through API technology. Their product range includes electronic funds transfer, card issuing solutions, virtual wallet products, and various payment processing services tailored for businesses.
What's next for XTM?
With the recent major strategic investment, XTM Inc. is poised for accelerated expansion and innovation in the competitive fintech sector. This significant backing is expected to fuel the enhancement of its existing payment and ecommerce solutions, potentially leading to the development of new services and broader market penetration. The company's focus on customized solutions for businesses and consumers, coupled with its expertise in mobile banking and card issuing, positions it for sustained growth and increased market share. Future developments may include strategic partnerships and technological advancements to further solidify its position as a leader in Canadian financial technology.
See full XTM company page
