# Zomaron: Financial services, London, Canada

> Zomaron: Paystone, formerly known as Zomaron, is a fintech company based in London, Ontario. Based in London, Canada. Founded 2009.

Source: https://millionrounds.com/startup/zomaron-2 (Millionrounds; every figure on the page links to its filing or article)

Canada · [Financial services startup](https://millionrounds.com/companies)

# Zomaron

Paystone, formerly known as Zomaron, is a fintech company based in London, Ontario.

Funding reported Last round: Undisclosed round

Financial services London, Canada

Company summary

- **Founded:** 2009 17 years old
- **Team:** 66 51 to 200 people
- **Funding reported:** 99M as listed, currency not stated
- **Last round:** Undisclosed round Jul 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Zomaron has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Zomaron

Paystone, formerly known as Zomaron, is a fintech company based in London, Ontario.

It specializes in payment processing and customer engagement solutions for merchants. The company offers a comprehensive suite of services that includes card payment processing for both in-person and online transactions, loyalty software, gift card solutions, and customer engagement tools. These services are designed to help businesses accept payments and foster long-term relationships with their customers. Founded in 2008, Paystone has evolved from its origins as Zomaron to provide a broader customer engagement platform. The company aims to simplify merchant operations and support business growth through seamless payment solutions. Paystone serves a diverse range of clients, including well-known brands such as Aldo, The Source, and Booster Juice. With a dedicated team of approximately 100 to 250 employees, Paystone continues to make an impact in the financial services and fintech sectors.

## What company datasets say Zomaron raised

Funding, as reported

Reported in all **99M** in the source's currency

Rounds **3**

Last round **Undisclosed round**

Last round size **23.8M**

Last round date **Jul 2021**

Investors listed **3**

## Founders and team

From Zomaron's own website: 1 founder, 1 on the team.

**Daryl Olthoff** Founder and COO at Smart.ca

- **Anahid Kossaian** Store Manager at Pandora CF Masonville Place

## On a portfolio page

Investors who name them

- [Canadian Business Growth Fund (CBGF)](https://millionrounds.com/fund/canadian-business-growth-fund-cbgf)

Each firm lists Zomaron on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

multi-location management payment system scalability mobile payments point of sale (pos) systems payment compliance contactless payment technology merchant onboarding process consumers customer engagement payment fraud prevention payment security secure payment processing reserve business solutions online invoicing automation inventory management

Built with from their website

Linkedin Sign-in Wistia Salesforce CRM Google Tag Manager Google Sheets HREF Lang Atlassian Google Cloud Font Awesome Spotify

+8 more

Google Workspace CloudFlare Viewport Meta Copilot Hubspot Cloudflare WAF Facebook SDK X (Twitter)

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 513210, SIC 7389
- **Region:** Ontario
- **Revenue:** 12.8M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/paystone)

## Financial services in Canada

Startups like it

- [**nesto** Montreal · founded 2018 *Raised*](https://millionrounds.com/company/nesto)
- [**Progressa** Vancouver · founded 2013 *Raised*](https://millionrounds.com/company/progressa)
- [**Lendified** Toronto · founded 2015 *Raised*](https://millionrounds.com/company/lendified)
- [**KOHO** Vancouver · founded 2014 *Raised*](https://millionrounds.com/company/koho)
- [**Helcim** Calgary · founded 2006 *Raised*](https://millionrounds.com/company/helcim)
- [**Borrowell** Toronto · founded 2014 *Raised*](https://millionrounds.com/company/borrowell)
- [**FundThrough** Toronto · founded 2014 *Raised*](https://millionrounds.com/company/fundthrough)
- [**Cybrid** Toronto · founded 2021 *Raised*](https://millionrounds.com/company/cybrid)

## Is this your company?

Add your raise, your deck and your story, and put Zomaron in front of investors. Or tell us what we have wrong.

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