Float, Wise, Koho, Paramount, and Brim join Payments Canada | BetaKit

A handful of Canadian FinTech firms are now in line to reap the benefits of the country’s incoming real-time rail (RTR) payments infrastructure system.

Float, Wise, Koho, Paramount, and Brim are now members of Payments Canada, the organization that underpins the Canadian financial system announced on Tuesday. With their membership, the companies can now apply to participate in payments infrastructure projects and rely less on third-party intermediaries to handle their transactions.