- CEO
- Bharat Vivek
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 2075 Kennedy Road Toronto ON Canada M1T 3V3
- IPO Date
- Dec 23, 2016
- Business
- Zoompass Holdings, Inc. (ZPAS) operates as a software fintech company that develops and acquires platforms and services focused on digital payments and blockchain technologies; it offers prepaid cards, mobile wallets, payment solutions including check replacement and payroll payment automation, customized gift cards, mobility products such as pre-owned devices and branded accessories, cryptocurrency platform operations encompassing exchange and wallet functionalities, and professional IT services on a time-basis billing model. The company serves corporate and government organizations through its subsidiary Zoompass Inc., with main business assets comprising technology intellectual property, strategic partnerships, and customer contracts primarily generating revenue from IT professional services. Incorporated in 2013 and headquartered in Toronto, Canada, Zoompass Holdings previously operated as UVic Inc. and maintains global operations supporting clients from small businesses to large enterprises across multiple countries, including Canada, India, and others via subsidiaries.
In 2020, Zoompass Holdings completed the acquisition of Blockgration Global Corp. and its subsidiaries, including Zuum Global Services Inc. and BlockLine Solutions Private Ltd., securing a controlling stake to enhance its blockchain, digital wallet, payment gateway, and mobile application capabilities while expanding its workforce to approximately 125 employees across three countries. This strategic move bolstered its multi-currency digital wallet platform, international money transfer options, bill payments, and merchant payment technologies, integrating blockchain with traditional banking services. No major funding rounds, new product launches, or reorganizations have been publicly reported in the last 1-2 years.