RAYL Innovations Inc is based in Vancouver BC, where a group of seasoned, banking and technology professionals, from around the world came together in 2020, to reinvent and reinvigorate the merchant payment platform without any commercial compromises or technology weak links.
With second mover advantage over the current tier of branded players and category builders, we decided not to enter the market with a new piece of point-of-sale technology or try to undercut the competitors by a few basis points.
Rather, RAYL Innovations started with the portal / marketplace of applications called RAYL.Apptive and then introduced RAYL.Pay, the merchant point of sale platform. The last phase is RAYL.Financial, which, when approved hopefully Q3/4 2021, is our vision to become a challenger bank.
RAYL has taken the concept of our competition and increased customer retention with a dramatically improved customer lifetime value (CLV) and a significant opportunity to improve financial performance well beyond current industry standards.
To date, funding has been done via the crowd environment to allow everyone to participate initially, but always with the strategy to go public on the Canadian TSXventure exchange. Our goal is to have the application ready for a challenger bank in H2-2021.
RAYL will become a leading financial service provider to micro, small- and medium-sized enterprises. By delivering integrated applications and services, RAYL will be a catalyst to help reinvent how our customers manage their business, process payments and their commercial finances all at a lower cost.
We engage our customers and partners to innovate business-critical products and services to be more efficient, accessible and insightful. We focus on innovation in the payments space and big data to enable our customers to make more money.
Our vision will be delivered by launching and building a portfolio of products and services under the brands of:
RAYL.Apptive (Productivity, sales, and marketing SaaS)
RAYL.Pay (Merchant Payment platform) and
RAYL.Financial (Challenger Financial Services Provider)
To achieve sustainable growth and exponential returns for our stakeholders, we have established a set of corporate drivers with clear fiscal and commercial goals centered on our 5Ps: People, Profit, Portfolio, Partners, and Planet.
Mr. Jeffery has been given the name “where sense meets sizzle” having created and sold Global branding agencies during the ‘80s, looking after megabrands at their peak like Eastman Kodak and Johnson & Johnson he has helped build brands like Reebok. Spending 6.5 years at the European Bank Nicholas was the head of the strategy and investment planning for the telecom’s media and technology group with a fund of Euro 1.2billion. Moving into the “brick and mortar” side of the internet Nicholas was in the C-Suite of several data hosting companies. The most significant was the rescue and turn-around of PSINet Europe from Chapter 11. An acquisition of Euro9m and sale in two years for Euro95m. As a smart building / city strategist Nicholas clearly understands the need for a rapid and secure payment platform based on an open API environment that allows for marketing and other fintech services to be integrated.
Mr. Wright has broad experience working with senior management developing strategies and solutions to business issues mainly related to corporate finance, cost and risk management, and governance which will serve invaluable in his role as the Corporation’s Director and CFO. Previously, Mr. Wright acted as an Executive Advisor with Deloitte LLP. Mr. Wright is a Chartered Professional Accountant (Certified Management Accountant). He currently serves as a Director of AmWolf Capital Corp., Freeform Capital Corp., Centurion Minerals Ltd., Demetra Minerals Ltd, and Good Ventures Community Contribution Corp., and previously served as a Director with Pacific Community Resources Society, PreveCeutical Medical Inc., and the Canadian Freestyle Ski Association. Additionally, Mr. Wright currently serves as the CFO for several public and private companies including: AmWolf Capital Corp., Freeform Capital Corp., Portofino Resources Inc., and Centurion Minerals Ltd., and previously served as the CFO for GTEC Holdings Inc.
Ms. Patterson is CEO of Lycan Capital, a corporate communications and marketing consulting company focused on activities such as coordinating investor relations and advancing general corporate development of public companies. She is also a Director of VLCTY Capital, CFO and Director of Snowy Owl Gold, and CFO of Quebec Silica Resources. She holds a Bachelors Degree in Communications from Simon Fraser University and an MBA from Queensland University.
Ariel has more than 12 years’ experience in developing secure payment applications and is an expert in Developer Operations, one of the most crucial roles in a technology company. He is well known for development of banking software for several banks, including the largest Bank in the Dominican Republic, and managing the critical path from development workstations to production systems. Ariel’s experience and work ethic has been shown to build development groups successfully both as an outsourced resource/contractor and as an internal department leader. He is a disciplined developer, with extensive experience in planning and design, even founding and operating his own boutique development shop providing mobile applications, and has deep experience with multiple development languages. Ariel is an accomplished full-stack, Database stack, Firebase, and AWS developer with expertise in many platforms and possess the capacity to adapt in new technologies quickly. He has unique experience with Social Integrations, desktop, web, and mobile apps. As a young entrepreneur, he is the co-founder of successful IT start-up “SmartTec” in the Dominican Republic. He is a disciplined developer, with extensive experience in planning and design.
Peter served 20 years in the U.S. Navy and the last 15 years as a successful entrepreneur, as President of ZZ Servers. Following his Naval career, he successfully completed major project work for several banks, including Wells Fargo, and supported thousands of disaster recovery incidents. He is an expert in helping businesses manage, optimize, and secure their technology. He also specializes in PCI, HIPAA, and DFARS. Peter has a unique talent for quickly understanding and mastering technology. He is diplomatic and tactful, with all levels in the chain of command, and accustomed to handling confidential records and documents. As a focused, determined, and accomplished veteran he performs successfully in stressful environments. Peter thrives in deadline-driven environments, as well as calmly and efficiently making the impossible “possible.”
May 4, 2021
RAYL INNOVATIONS SUCCESSFULLY COMPLETES COMMERCIAL LAUNCH OF RAYL.APPTIVE, A SUPERAPP REDEFINING SME PRODUCTIVITY
April 27, 2021
RAYL INNOVATIONS COMPLETES CANADA’S 1st FULLY SUBSCRIBED CROWDFUNDING CAMPAIGN STRATEGICALLY SUPPORTED BY 263 INVESTORS
February 26, 2021
RAYL INNOVATIONS COMPLETES: NAME CHANGE FROM PEMBROOKE ACQUISITION GROUP; COMPANY ACQUISITIONS; LAUNCH OF RAYL.Apptive; AND SUCCESSFUL ONGOING FINANCINGS