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Marc Milewski
Co-founder at Zūm Rails, Payment Expert, Farmer
Marc Milewski is a co-founder and CEO of Zūm Rails, a fintech company that specializes in payment solutions. With over 15 years of experience in the payments industry, Marc has established himself as a veteran in both banking and fintech sectors.2
Career Background
Marc's journey in the payments industry began at VersaPay, where he played a crucial role in developing Canada's first EFT gateway. During his seven-year tenure there, he gained extensive experience in implementing payment solutions across various business sectors.2
In 2017, Marc left VersaPay to pursue his entrepreneurial ambitions. He moved to the Maritimes and started his own payment company, focusing on the concept of payments as "financial interactions".23
Founding Zūm Rails
In 2019, Marc co-founded Zūm Rails with Miles Schwartz.13 The company was born out of their combined expertise - Marc's deep knowledge of payments and Miles' background in data aggregation.3 Together, they developed Canada's only instant payment gateway, which integrates open banking with instant payments.12
Leadership and Vision
As CEO of Zūm Rails, Marc has been instrumental in growing the company from a two-person operation to a team of over 30 employees.23 Under his leadership, Zūm Rails has achieved significant milestones:
- Reaching $10 million in annual recurring revenue (ARR)1
- Expanding into the US market2
- Developing a comprehensive payment platform in collaboration with FISERV2
Marc's vision for Zūm Rails goes beyond simple fund transfers. He sees payments as "financial interactions" that encompass everything from client onboarding to risk management.2
Personal Interests
Outside of his professional life, Marc describes himself as a "former maritimer, failed olympian, semi retired layabout" in his Twitter bio.4 He also has a passion for building and a love for farming.5
Highlights
