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 & HospitalityBusiness Services Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Xtm, Inc.
-
Annual Revenue
$6.32 M (USD)34.19as on Dec 31, 2024
-
Net Profit
$-15.94 M (USD)-42.66as on Dec 31, 2024
-
EBITDA
$-11.56 M (USD)-36.87as on Dec 31, 2024
-
Latest Funding Round
$11.03 M (USD), Post-IPO
Dec 13, 2023
-
Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
Milk Lab
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Products & Services of XTM
XTM offers a comprehensive portfolio of products and services, including AnyDay Platform, Mobile Apps, Web Portals, and APIs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables on-demand wage access for service workers and businesses.
Apps for faster wage access and financial management tools.
Portals providing wage access and budgeting insights online.
APIs for adding wage access features to existing systems.
Unlock access to complete
Funding Insights of XTM
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $11.0M
-
First Round
First Round
(14 Sep 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Post-IPO - XTM | Valuation |
investors |
|
| Sep, 2021 | Amount | Post-IPO - XTM | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by XTM
XTM has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Milk Lab, QRails and Tiproll. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Card issuer processing solutions
|
2016 | ||||
|
Design and packaging services for consumer brands are provided.
|
2015 | ||||
|
Employee engagement and perks are delivered via an online platform.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - XTM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xtm Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payroll services are provided to businesses in Canada.
|
|
| domain | founded_year | HQ Location |
Payroll management services are offered to businesses in Canada.
|
|
| domain | founded_year | HQ Location |
Payroll services and solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Provides managed payroll solutions for Canadian entities and cross-border operations.
|
|
| domain | founded_year | HQ Location |
Provides payroll processing, compliance checks, and data insights for business efficiency.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Xtm
Frequently Asked Questions about XTM
When was XTM founded?
XTM was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Where is XTM located?
XTM is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of XTM?
Marilyn Schaffer is the current CEO of XTM.
What is the annual revenue of XTM?
Annual revenue of XTM is $6.32M as on Dec 31, 2024.
What does XTM do?
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.
Who are the top competitors of XTM?
XTM's top competitors include nmbr, Payroll Solutions International and Oxilia.
What products or services does XTM offer?
XTM offers AnyDay Platform, Mobile Apps, Web Portals, and APIs.
Is XTM publicly traded?
Yes, XTM is publicly traded on CSE under the ticker symbol PAID.
How many acquisitions has XTM made?
What is XTM's ticker symbol?
The ticker symbol of XTM is PAID on CSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.