Paramount Commerce

Toronto, Canada Founded: 2000 • Age: 26 yrs
Offers instant bank transfer services and risk management for online merchants.

About Paramount Commerce

Paramount Commerce is a Financial Services company based in Toronto (Canada) founded in 2000. It offers instant bank transfer services and risk management for online merchants. It operates on a B2B model. Paramount Commerce has completed 1 acquisition, including Clik2pay. Paramount Commerce offers products and services including Interac Instant Bank Transfer and Risk Management System. Its focus areas include FinTech, Payment Processing, Instant Transfers and Bank Account-Based. Similar companies include Square, Flutterwave, PayU, Nuvei and Vanco Payment Solutions and 4 more; 6 of its 9 listed similar companies have raised funding.

Company details

Paramount Commerce, based in Toronto, Canada, delivers payment technology solutions like Interac Instant Bank Transfer. It facilitates instant payments and risk management for merchants, processing billions in volumes through advanced systems. The company helps businesses optimize user experiences, reduce fraud, and acquire customers via major payment rails. Services include onboarding support and ongoing optimization for long-term success.

Key Metrics

Products & Services of Paramount Commerce

Paramount Commerce offers a comprehensive portfolio of products and services, including Interac Instant Bank Transfer and Risk Management System.

Interac Instant Bank Transfer
Payment Service

Enables fast bank account payments for merchants to streamline transactions.

Risk Management System
Fraud Prevention

Provides real-time fraud detection and risk mitigation for secure payments.

Apps and channels of Paramount Commerce

its YouTube channel Paramount Commerce has 254 subscribers and 28 videos.

Paramount Commerce
YouTube 254 subscribers 28 videos Travel & Events
Open channel

Videos from Paramount Commerce

The most watched videos on Paramount Commerce's YouTube channel, Paramount Commerce (254 subscribers). Click a video to play it here.

The iGaming Show - EP6 (iGaming Expos In Canada With Eman Pulis)
3.4K views
Simplify Payments Podcast - EP 3 (Open Banking Updates In Canada With Alex Vronces)
2.3K views
The iGaming Show - EP5 (Responsible Gambling In Ontario With Shelley White)
2.3K views
Simplify Payments Podcast - EP 1 (Open Banking In Canada With Alex Vronces - Fintechs Canada)
2.2K views

More on Paramount Commerce.

People of Paramount Commerce

32 people are tracked at Paramount Commerce (11 in leadership, 21 in team).

NameRoleGroup
Stefan Anthony Clarke
Director, Revenue OperationsLeadership
Jeffrey Austin
Director Of Business DevelopmentLeadership
Holly Holmes-Uniacke
Vp, People & CultureLeadership
Justin Ferrabee
CEOLeadership
Izabela Wakabayashi
Chief Financial OfficerLeadership
Sereena Boparai
Chief Revenue OfficerLeadership
David Roe
Chief Operating Officer & Managing Director, EuropeLeadership
Gene Brukson
VP Of EngineeringLeadership
Ian Feigel
Director Of Account ManagementLeadership
Kristi Lewis
Vice President Of MarketingLeadership
Jochen Best
Vp, ComplianceLeadership
Conrad Berenik
Senior Software EngineerTeam
Tianshu Zhao
Senior Software EngineerTeam
Renald Dalli
Finance ManagerTeam
Mitch Aucoin
Account ManagerTeam
Andrei Apostol
Engineering ManagerTeam
Feven Tsegay - Cpa
AccountantTeam
Anne Scully
Senior Account ManagerTeam
Marcella Morrison
Office ManagerTeam
Sandeep Sahota
Senior Sales ManagerTeam

12 more people are available in the full profile.

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Complete people profiles for Paramount Commerce

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Investments & Acquisitions by Paramount Commerce

Paramount Commerce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clik2pay.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Real-time payment solutions are delivered to businesses for acceptance needs.
clik2pay.comToronto, Canada2018Dec 2023β€’β€’β€’β€’
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Complete acquisition details for Paramount Commerce

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Timeline of Paramount Commerce

2 dated milestones of Paramount Commerce across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Paramount Commerce is founded.
  2. Acquisition Acquires Clik2pay.

Similar companies to Paramount Commerce

Paramount Commerce has 9 listed similar companies in our database, 6 of them funded. They include Square, Flutterwave, PayU, Nuvei and Vanco Payment Solutions, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
squareup.com2009San Francisco, United States$519.75M11,372
POS solutions are provided for retail businesses.
flutterwave.com2016San Francisco, United States$319.41M–
Provider of payment processing solutions for businesses
payu.com2002Amsterdam, Netherlands$35.15M1,200
Online payment processing and credit solutions are provided for businesses.
nuvei.com2003Montreal, Canada$321.71M–
Payment processing solutions are delivered to merchants and businesses.
vancopayments.com2007Atlanta, United States$127M257
Payment gateway solutions are provided for faith-based organizations and nonprofits.
aciworldwide.com1975Omaha, United States–4,732
Digital payments are processed and managed via specialized solutions.
cybersource.com1994Foster, United States––
Global e-commerce payment processing and security services are managed.
paddle.com2012Corby, United Kingdom$291.7M362
SaaS-based payment solutions are provided for merchants.
wirecard.com1999Aschheim, Germany–4,989
Payment processing solutions are provided for businesses and merchants.
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Detailed similar companies of Paramount Commerce

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Latest news on Paramount Commerce

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Complete news archive for Paramount Commerce

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Top companies in Banking & FinTech Platforms

10 companies that operate in the same segment as Paramount Commerce (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 M––
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 221.42 M––
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.16 BUSD 1.96 B1,440
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.99 B––
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 1.9 B––
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.06 BUSD 813.42 M3,231
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K3
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Digital banking services are provided for individuals and businesses.
2014Blyth, United KingdomUSD 852.48 M––
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Frequently Asked Questions about Paramount Commerce

Paramount Commerce was founded in 2000.

Paramount Commerce is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Paramount Commerce, based in Toronto, Canada, delivers payment technology solutions like Interac Instant Bank Transfer. It facilitates instant payments and risk management for merchants, processing billions in volumes through advanced systems. The company helps businesses optimize user experiences, reduce fraud, and acquire customers via major payment rails. Services include onboarding support and ongoing optimization for long-term success.

Paramount Commerce's top competitors include PayU, Flutterwave and Square.

Paramount Commerce offers Interac Instant Bank Transfer and Risk Management System.

Paramount Commerce has made 1 acquisition, including Clik2pay.

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