Railz
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Railz

https://www.railz.ai/
Last activity: 23.02.2023
Tags:AnalyticsBuildingBusinessDataFinTechFirmHealthTechServiceSoftwareTime
Railz provides a single API to all major accounting software (QuickBooks, Xero, Sage, etc.) service providers and enables on-demand access to financial transactions, analytics, insights and reports on Small Business customers. Our solution suits any lender, financial institution, accounting firm, auditor and tech developer that requires financial data on its Small Business customer for the purpose of reviewing a credit application or assessing the financial health of a business. Our Data as a Service solution allows our customers to be up and running in hours. We provide quick, Low Cost and direct access to both your existing and new customers’ accounting software via our single API. With Railz, we make things easy for you... • No need to modify your business operations, tech infrastructure or workflow process • No need to switch from your current ERP • No need to rely on third-party data storage or off-premise software • Setup is quick and non-invasive One API gets you up and running quickly…SIMPLE From our previous experiences in the Small Business lending space, we noticed that FI's spend most of their time on data collection and analysis when making a loan or capital decisions. We were inspired to solve this problem by building a solution that would automate the data collection and analysis process so that accounting data could be used for real-time decision-making. We built an accounting data API to solve this, reducing FI decision-making time on loans by 20x vs. the traditional lending process. We are on a mission to provide our accounting API Data as a Service solution, supported by our Machine Learning applications, for everyone in order to expand our focus beyond banking to every business that could benefit from having real-time accounting data on their Small Business customers. Welcome to Railz.
Likes
35
Location: Canada, Ontario, Toronto
Member count: 11-50
Total raised: $15M
Founded date: 2018

Investors 4

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
27.05.2021Series A$15M-fintechfut...

Mentions in press and media 10

DateTitleDescriptionSource
01.03.2022Fintech Co...Share Tweet Share Share Em...techbullio...
22.07.2021Prodigy Ve...TORONTO, July 22, 2021 /CNW/ -...marketscre...
02.06.2021Fidelity N...Key facts: FIS and The Ventur...marketscre...
27.05.2021Financial ...Railz, the developer of an API...pulse2.com...
10.05.2021Fintech AP...Canada-based fintech API devel...fintechfut...
07.05.2021Today in f...Five Canadian tech startups ha...betakit.co...
06.05.2021Railz Rais...Railz.ai “While there are many...prweb.com/...
06.05.2021Railz Rais...Railz, a Toronto, Canada-based...finsmes.co...
17.02.2021Nyca Partn...NEW YORK (PRWEB) February 17, ...prweb.com/...
-The Future...Over the last decade, the soft...twosigmave...