Denver, CO/London ; 03/10/2020
Amount Funded: $8 Million
Type: Series A
Investor: EFM Asset Management
Total Funding to Date: $18 Million
Company Description: QRails enables payroll service providers, fintechs, banks, insurance companies, and other financial services
businesses in North America and Europe to deploy innovative payment solutions. QRails clients benefit from
purpose-built technology offering secure and flexible APIs as well as easy access to an expert team committed
to delivering responsive customer service. Founded in 2016.
What funding will be used for: Continuing company growth
“We are immensely excited to be rolling out our earned wage access solution in North America and to be
establishing a presence in Australia later this summer. We look forward to continuing to power payments
innovation within financial services, including instant wage payments, open banking and the digital payment of
-Gerald Griffin, CEO, Q Rails
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