QRails Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 58

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $9.2M

QRails General Information

Description

Developer of a cloud-based issuer processing platform designed to enable real-time payment capabilities for businesses. The company's platform offers open API architecture, integrated earned wage access, customizable paycard programs, and full-service program management, enabling fintechs, employers, and payroll providers to deliver seamless financial services, improve employee access to earnings, and streamline payment operations.

Contact Information

Website
www.qrails.com
Formerly Known As
Quantum Rails Services
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • P.O. Box 3237
  • Denver, CO 80202
  • United States
+1 (877)
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
AnyDay (Toronto)
Vertical(s)
SaaS, FinTech, Mobile
Corporate Office
  • P.O. Box 3237
  • Denver, CO 80202
  • United States
+1 (877)

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QRails Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 18-Aug-2023 $9.2M Completed Generating Revenue
7. Later Stage VC 12-Jan-2023 Completed Generating Revenue
6. Later Stage VC (Series A2) 12-Aug-2022 Completed Generating Revenue
5. Later Stage VC 30-Dec-2021 Completed Generating Revenue
4. Early Stage VC (Series A) 09-Mar-2020 Completed Generating Revenue
3. Early Stage VC 01-Nov-2019 Completed Generating Revenue
2. Early Stage VC 30-Aug-2018 $7M $8.84M Completed Generating Revenue
1. Seed Round 15-Feb-2017 $1.84M $1.84M Completed Generating Revenue
To view QRails’s complete valuation and funding history, request access »

QRails Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based issuer processing platform designed to enable real-time payment capabilities for businesses.
Other Financial Services
Denver, CO
58 As of 2023

Redwood City, CA
 

South San Francisco, CA
 
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QRails Competitors (73)

One of QRails’s 73 competitors is I2c, a Corporation company based in Redwood City, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
I2c Corporation Redwood City, CA
Stripe Venture Capital-Backed South San Francisco, CA
Finix Venture Capital-Backed San Francisco, CA
Payscout Venture Capital-Backed Sherman Oaks, CA
Galileo (Financial Software) Formerly VC-backed Sandy, UT
You’re viewing 5 of 73 competitors. Get the full list »

QRails Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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QRails Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Adfisco Venture Capital Minority
EFM Asset Management Asset Manager Minority
Angel (individual) Minority
Angel (individual) Minority
Kawn Ventures Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

QRails Acquisitions (1)

QRails’s most recent deal was a Merger/Acquisition with Rete+Pay. The deal was made on 27-Feb-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Rete+Pay 27-Feb-2019 Merger/Acquisition Financial Software
To view QRails’s complete acquisitions history, request access »

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QRails FAQs

  • When was QRails founded?

    QRails was founded in 2016.

  • Where is QRails headquartered?

    QRails is headquartered in Denver, CO.

  • What is the size of QRails?

    QRails has 58 total employees.

  • What industry is QRails in?

    QRails’s primary industry is Other Financial Services.

  • Is QRails a private or public company?

    QRails is a Private company.

  • What is the current valuation of QRails?

    The current valuation of QRails is .

  • What is QRails’s current revenue?

    The current revenue for QRails is .

  • How much funding has QRails raised over time?

    QRails has raised $149M.

  • Who are QRails’s investors?

    Adfisco, EFM Asset Management, , , and Kawn Ventures are 5 of 6 investors who have invested in QRails.

  • Who are QRails’s competitors?

    I2c, Stripe, Finix, Payscout, and Galileo (Financial Software) are some of the 73 competitors of QRails.

  • When was QRails acquired?

    QRails was acquired on 18-Aug-2023.

  • Who acquired QRails?

    QRails was acquired by AnyDay (Toronto).

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