Canadian Fintech startup Payment Rails today revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding round led by Pace Capital.

Having watched Twitch and Patreon work through payment orchestration challenges for their increasingly international-based content creators, it was clear that every other creator platform and marketplace would eventually run into the same issues," said Chris Paik, general partner at Pace Capital. "Payment Rails is an industry-insider term that implies infrastructure, and we've gone beyond just payouts infrastructure," said Tim Nixon, CEO & founder of Trolley.

Payment Rails Rebrands As Trolley; Closes $7 Million In Series A Funding

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