New name, same product: DivDot is now MazumaGo

November 16th, 2020 is a big day for us: We are letting go of our old brand name DivDot and launching our refreshed, more meaningful brand: MazumaGo. Read more about the rationale behind the updates, and what they represent for our company and you.

Miri Rader

November 15, 2020

MazumaGo (formerly DivDot) oversubscribes funding round

Despite the difficult economic situation following COVID-19, we oversubscribed the round to a total of $500,000 co-led by Sprout Fund, WUTIF Capital, E-Fund, Hello Ventures and Local Angels.

The story behind MazumaGo (formerly DivDot)

How the Victoria-based #Fintech start-up, MazumaGo went from launching the beta version of their payments software to processing millions of dollars in businesses transactions.

The true cost of cheque processing

While consumers are shifting towards digital payment methods, B2B payments are lagging behind. Many businesses don’t realize the true cost and security risks associated with cheque payments.

Product update: Improved supplier onboarding

You asked for it - we built it: Our new supplier onboarding feature works with any financial institution.

How the pandemic sparked a transformation in B2B payments

The pandemic has forced businesses into conversations on digitization, with payments being one of the most critical aspects to keep operations up and running.

Extended direct bank sign-in

We are happy to announce that the ‘Login online’ feature for direct bank authorization now supports an extra 67 financial institutions in Canada! Here's a list of all supported banks.

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What our customers say.

“I couldn’t believe there was no simple solution to pay vendors online.”

MazumaGo saves Max a 30 min trip to the bank for every wire transfer.

“I don’t miss waiting in line at the bank to make wire transfers.”

With MazumaGo, Dylan saves 20 hours every month of unnecessary admin time.

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MazumaGo Labs