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

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.

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.

Product update: New billing module, improved checkout & loading speed

We are happy to announce that we just launched a new version of our software - here are some highlights of what this means for you.

Bottlenecks in B2B payments

To navigate an evolving B2B payment landscape, we have put together this guide to help businesses identify bottlenecks in payment operations and improve processes by adopting digital AR/AP tools.

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.

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What our customers say.

"We kept running into restrictions from the bank."

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

“Printing, signing and mailing cheques – it’s a waste of time.”

MazumaGo saves Scott a full day of admin work every month and helps him get paid 5-7 days faster.

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MazumaGo Labs