MazumaGo raises seed capital and is listed as “Emerging Rocket”

Victoria-based Fintech start-up raises over $800,000 in Venture Capital funding to solve major payments pain point for Canadian businesses and is recognized as one of BC’s Leading Growth Tech companies.

Miri Rader

March 31, 2021

June product update: Easier payment check-out, improved payment times and credit card roll-out

We have some exciting updates to share with you that will make your payment experience even simpler and stronger – for both you and your clients. Payment recipients can now easily and securely save their bank account info, payments are processed faster, and credit card payments are here!

Product update: Mobile-friendly design and improved payment flows

We've been working hard on several updates that make MazumaGo stronger, faster, and more user-friendly. MazumaGo is now fully mobile-friendly, payment flows are simplified, you can send payment reminders and more.

Product update: Improved supplier onboarding and CSV download

We are happy to release the following updates today to help you make the start of 2021 more productive: Enable a universal security question for new contacts, send money to someone directly without pre-onboarding and download transaction data as a CSV file.

Now Live: Self-Registration & Identity Verification

Need to make a payment today? We are happy to finally launch our long-awaited and improved self-registration system! This means, you can now register for MazumaGo on your own and get started right away.

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.

Introducing payment orders

Payment orders allows you to collect a group of receivables from individuals using a CSV file upload. Any company can use this feature, but it is especially useful for VC companies collecting from a large number of investors.

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What our customers say.

“The hoops banks make you go through are completely unreasonable.”

MazumaGo saves David up to 90% of the time spent reconciling supplier payments.

"We kept running into restrictions from the bank."

MazumaGo frees up at least 50% of Erin’s time processing payables and accelerates supplier payments.

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MazumaGo Labs