Zūm Rails is reaching a significant milestone in its development by officially obtaining a Payment Facilitator (PayFac) status. This recognition marks a turning point for the start‑up, a resident of the Fintech Station, as it strengthens its ability to support software platforms across North America.

A strategic partnership with Fiserv

This advancement is made possible through a strategic partnership with Fiserv, enabling Zūm Rails to deploy its PayFac capabilities in both the United States and Canada. This collaboration gives the start‑up the autonomy to manage merchant relationships directly, oversee onboarding and underwriting, and integrate card acceptance into its clients’ products.

A complete payments platform

With its PayFac status, Zūm Rails now supports both issuing and collecting payments within a single platform, consolidating its payment infrastructure. This positioning reinforces its role as an integrated financial solution for software platforms.

This milestone also reflects the growing momentum of the start‑ups residing at the Fintech Station. Several new organizations have joined our ecosystem at the start of the year, contributing to the sector’s increasing dynamism.

Explore the most recent organizations joining our ecosystem here.