XTM

Toronto, Canada Founded: 2006 • Age: 20 yrs
On-demand payment solutions are provided for service industry businesses.
Annual revenue $6.3M Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 7 Brand Intelligence

About XTM

XTM is a company based in Toronto (Canada) founded in 2006. XTM has completed 3 acquisitions, including Milk Lab, QRails and Tiproll. XTM offers products and services including AnyDay Platform, Mobile Apps, Web Portals, and APIs. XTM operates in a competitive market with competitors including nmbr, Oxilia, Payroll Solutions International, Polite Payroll and Payroll Performance, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Travel & Hospitality
    Business Services Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xtm, Inc.
Operational Areas
Travel & Hospitality → Hospitality, Lodging & Accommodation Unlock Sub-Sector Unlock Segment
Business Services → Workforce & Human Resource Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.32 M (USD)
    34.19
    as on Dec 31, 2024
  • Net Profit
    -$15.94 M (USD)
    -42.66
    as on Dec 31, 2024
  • EBITDA
    -$11.56 M (USD)
    -36.87
    as on Dec 31, 2024
  • Latest Funding Round
    $11.03 M (USD), Post-IPO

    Dec 13, 2023

  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
    Milk Lab

    & 2 more

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IPO & Listings of XTM

XTM is a publicly listed company on the CSE with ticker symbol PAID in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: CSE · Ticker: PAID · Sector: Technology services · Canada

Products & Services of XTM

XTM offers a comprehensive portfolio of products and services, including AnyDay Platform, Mobile Apps, Web Portals, and APIs.

Product name locked
Category locked
Primary

Enables on-demand wage access for service workers and businesses.

Product name locked
Category locked
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Apps for faster wage access and financial management tools.

Product name locked
Category locked
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Portals providing wage access and budgeting insights online.

Product name locked
Category locked
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APIs for adding wage access features to existing systems.

People of XTM

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Marilyn Schaffer
CEO
People
Jessika Cabral
HR & Compliance Officer
People
Chad Arthur
CTO
People
Keeya Nunes
VP, Brand Marketing

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Funding Insights of XTM

Investments & Acquisitions by XTM

XTM has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Milk Lab, QRails and Tiproll.

Investments
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Investment portfolio details for XTM

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Card issuer processing solutions
Locked Locked 2016 Locked
Design and packaging services for consumer brands are provided.
Locked Locked 2015 Locked
Employee engagement and perks are delivered via an online platform.
Locked Locked 2015 Locked
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Complete acquisition details for XTM

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - XTM

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Detailed financials for XTM

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Xtm Comparisons

XTM Primary company
Description
On-demand payment solutions are provided for service industr...
Location
Toronto, Canada
Founded Year
2006
Annual Revenue
$6.32 M (USD)
Net Profit
-$15.94 M (USD)
EBITDA
-$11.56 M (USD)
Employees
Not available
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Peer comparison for XTM

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of XTM

XTM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as nmbr, Oxilia, Payroll Solutions International, Polite Payroll and Payroll Performance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Payroll services are provided to businesses in Canada.
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Payroll management services are offered to businesses in Canada.
Locked Locked Locked
Payroll services and solutions are provided globally.
Locked Locked Locked
Provides managed payroll solutions for Canadian entities and cross-border operations.
Locked Locked Locked
Provides payroll processing, compliance checks, and data insights for business efficiency.
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Detailed competitors of XTM

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Xtm

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Complete news archive for XTM

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about XTM

XTM was founded in 2006 and raised its 1st funding round 15 years after it was founded.

XTM is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Marilyn Schaffer is the current CEO of XTM.

Annual revenue of XTM is $6.32M as on Dec 31, 2024.

XTM was founded in 2006 in Toronto, Canada, and operates within the fintech sector focused on service industries. A platform is offered to restaurants, salons, and comparable businesses, enabling faster access to earned wages and gratuities for employees. Cashback rewards and budgeting tools are incorporated, alongside APIs for integration with existing financial systems. Customization of payment flows and branding is supported, aiding payroll efficiency and employee retention.

XTM's top competitors include nmbr, Payroll Solutions International and Oxilia.

XTM offers AnyDay Platform, Mobile Apps, Web Portals, and APIs.

Yes, XTM is publicly traded on CSE under the ticker symbol PAID.

XTM has made 3 acquisitions, including Milk Lab, QRails, and Tiproll.

The ticker symbol of XTM is PAID on CSE.

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