About Us
Zūm to the Moon
At Zūm Rails, the sky’s the limit as we continuously work to evolve and grow our software to create smarter, safer, and more efficient ways to move money. Regardless of the vertical or industry, we strive to find real solutions for everyday financial problems and simplify the complexities of payments.
Keep reading to learn more about the Zūm Rails story and the amazing people who work together to make our goals into achievements every day!
Our Story
The Zūm Rails journey began with co-founders Marc Milewski and Miles Schwartz, back in 2019. Founded on the vision of creating the ultimate open banking software, Zūm Rails combines a superior payment processing experience with the added value and security of data aggregation. Since then, Zūm Rails has seen one pandemic and exponential growth, including the onboarding of more than 30 employees and more than 200 clients!
Zūm Rails offers a payment gateway and ecosystem to its users, where they can process digital payments, such as interac, EFT, ACH, Visa Direct and credit card, send and manage invoicing and subscriptions, utilize aggregated customer data to prevent fraud, verify and collect KYC data, as well as pull and analyze reports. Additionally, with the help of our talented team, our software is constantly evolving and innovating to provide greater value for our customers.
The realm of payments impacts almost every industry and customer. It is our goal at Zūm Rails to create a high value, positive experience for everyone throughout the payments journey in order to create the ultimate financial transaction.
Miles Schwartz
Co-Founder & Chief Executive Officer
Prior to founding Zūm Rails, Miles started in the Fintech space as a Partner and the Chief Sales Officer at Flinks. He helped turn Flinks from a concept to one of Canada’s leading Fintech’s. As an original employee and the first member of the Flinks sales team, Miles was responsible for single handedly driving in all of Flinks’ sales and overall growth by bringing in over 90% of Flinks’ revenues in its first 2.5 years. In addition, Miles was able to build sales to continue market penetration successfully. Eventually Miles scaled and managed the entire Flinks’ sales team before departing in 2019.
Miles then moved on to Co-Found Zūm Rails in 2020 with the belief that building instant payments and open banking software would help solve the largest problem that exists in the Canadian financial market today.
Marc Milewski
Co-Founder
Marc Milewski has only really had one job, and that is Payments. For the past 15 years, Marc has been involved in both the banking and fintech stages of Payments. As one of the early employees of VersaPay, Marc was instrumental in the development, sales, and operations of Canada’s first EFT gateway. Over his seven years with the company, Marc did thousands of rollouts with every type of business and understood the market gaps. In 2017 Marc moved out to the Maritimes and left VersaPay to start his own payment company that focused on thinking about Payments as “financial interactions.” The early time was working as a consultant and ISO to generate revenue streams to fund version one. It was here that he met the other co-founder of Zūm Rails, Miles Schwartz while consulting. With Miles’s background in Data Aggregation and Marc’s knowledge of Payments, they formed Zūm Rails in 2019 and built Canada’s only instant Payment gateway. Together they have scaled the company from two people at the kitchen table to 30+ employees providing innovative payment solutions that streamline a client’s financial interaction and tie it into Payments.
Marcel Ferreira
Co-Founder & Chief Technology Officer
Marcel is an experienced software developer, project manager and IT leader. Taking a result oriented approach to management, Marcel has a strong technical background, with a MBA in project management, and more than 15 years of experience in the IT sector, working in multiple industries before joining Zūm Rails in 2020.
Marcel is a Co-Founder of Zūm Rails, writing the first lines of code that has grown and transformed into the product that exists today and manages the entirety of both the IT department and product team.