Dream Payments is a Toronto, Ontario–based fintech that operates The Dream Payments Cloud, which powers commerce and payments across mobile devices and the Internet of Things. The solution provides cloud-based mobile point-of-sale (MPOS) and payment services used by businesses across Canada to sell everywhere and accept all payments via mobile devices. The company has expanded its payment cloud and application ecosystem with a deep integration with Intuit QuickBooks, enabling business owners to accept payments, instantly reconcile sales transactions and access business insights from any device. Partners include financial services providers TD Merchant Solutions and TruShield Insurance. Led by CEO Brent Ho-Young, Dream Payments also has operations in Stamford, Connecticut. In August 2017 the company raised $10m in Series A financing and intends to use the funds to expand its payments cloud into the U.S., accelerate its third‑party app ecosystem and continue growth in Canada. Dream Payments provides a cloud platform enabling financial institutions to create and deliver mobile financial services for business customers. The company connects financial institutions, merchant acquirers, retailers and value-added apps to support mobile point-of-sale applications, payment terminals, remote device management, customer onboarding and secure payment processing. Dream is led by CEO Brent Ho-Young and is focused on expanding its market share. The company intends to use its recent award to accelerate growth and to speed its entry into the United States. The article does not disclose revenue or user metrics. Dream participates in fintech investment and industry challenges to support its expansion plans. Dream Payments offers a mobile point-of-sale platform and terminals that work with existing iOS or Android smartphones and tablets or integrate with traditional POS systems. The solution supports magstripe, EMV credit and debit cards, and Apple Pay, and includes a dashboard with sales and inventory reporting, analytics, and customer insights. The company is opening its SDK to third-party developers to extend the Dream Payments ecosystem with value-added services. Founded in July 2014 and led by CEO Brent Ho-Young (with Alex Walker, Anant Tailor and Long Van in senior roles), Dream intends to use new funding to launch the business and roll out solutions to merchants across North America. The article does not report operating metrics such as revenue or user counts.

Total raised

$18M

Funding rounds

3

Latest round

Series A

Latest activity

Mar 2017