← State of Embedded Finance 2026

Xtm

Can XTM become the financial OS for the unbanked and underbanked gig/migrant workforce by bundling instant pay, EWA, digital banking, and remittance into a single mobile platform?

HQMiami, FL & Toronto, ON (also Denver & London)
IndustryFintech / SMB banking
The story

XTM Inc. (TSX-V/CSE: PAID) began as a tipping and instant-payout fintech for the hospitality and gig sectors in Canada and the US. It expanded into certified Earned Wage Access (EWA) through its acquisition of QRails and its AnyDay™ platform, adding a full mobile banking wallet, debit card, and remittance layer. With the 2024 launch of PayNow and a $90M debt facility, XTM is pivoting toward serving U.S. temporary and migrant workers as a financial inclusion play, combining EWA, digital banking, and cross-border remittance in a single mobile app.

Last 12 months
2024-10
2024
2024
2024
Product timeline
2024
Launched PayNow, a global workers payout, remittance and employee benefits solution for U.S. temporary and migrant workers.· banking
2024
Secured up to USD $90 million debt facility to fund Earned Wage Access growth via the QRails AnyDay™ platform.· lending
2024
Completed migration of 100,000+ members to virtual tokenized wallet platform through Everyday Payments subsidiary.· banking
2024
Partnered with Payfare to roll out the Today Financial program across the USA.· banking
The stack
Banking / BaaS
Payfare
Lending
Earned Wage Access (EWA) via QRails AnyDay™EWA debt facility (up to USD $90M)
Accounting gap: none