XTM INC. announced a proposed offering of convertible debentures for gross proceeds of up to C$7,000,000 to strengthen the balance sheet and for working capital purposes.
Amount Raised
C$7 Million
Round Type
Convertible Note
TorontoFinancial ServicesHospitalityDescription
XTM INC. is undertaking a non-brokered private placement offering of convertible debentures maturing in 24 months. The offering aims to raise up to C$7,000,000 to enhance the company's balance sheet and support working capital needs.
Quick answer
XTM raised C$7 Million in a Convertible Note round, dated October 24, 2024. XTM is based in Toronto, Ontario, Canada.
- How much did XTM raise?
- XTM raised C$7 Million in a Convertible Note round on October 24, 2024.
- What does XTM do?
- XTM is a U.S., Canada and UK-based Fintech creator of payment innovations, including fully certified and vertically integrated Earned Wage Access through its QRails AnyDay™ solution.
- Where is XTM based and how big is it?
- XTM is based in Toronto, Ontario, Canada.
- Who are the decision-makers at XTM?
- Fundz holds 2 contacts at XTM. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Hospitality around the same time
Companies in the same sectors as XTM that raised within 45 days of this round, from Fundz verified event records.
- Deutsche Bank raised an undisclosed amount on December 6, 2024.
- The Money Club raised $2.5M (Series A) on December 5, 2024.
- DeFi Technologies raised $2M (Seed) on December 4, 2024.
- Sandbox Wealth raised $1.3M (Pre-Seed) on December 4, 2024.
- Futur raised an undisclosed amount (Secondary Market) on December 4, 2024.
- Modify Health raised $14M (Series C) on December 4, 2024.
Who to call at XTM, and when
A new round usually means XTM is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day XTM raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at XTM, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at XTM. With Fundz connected, it knows.
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Fundz sees it the moment XTM raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
XTM raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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