Our Company

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.

Our Vision

RAYL will be recognised as the gold standard in business information and financial insights, products and services within the next five years. RAYL makes actionable information accessible that will help determine the future success of Small Medium Enterprises and Retail Merchants, Globally.

Our Mission

To enhance business growth of our customers through creative design, software development, delivering market-defining, high-quality solutions that create value and reliable competitive advantage to customers around the globe. And, to achieve sustainable growth, we have established a mission with clear goals defined around our 8Ps: People, Profit, Portfolio, Partners, Planet, Proposition, Process, and Price. 


Nicholas smiling

Nicholas Jeffery

Director, President,
Chief executive officer

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.

Jeremy smiling in business attire

Jeremy Wright

CPA, CMA, Director,
Chief Financial Officer

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.

Elyssia Patterson


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.

Contact Us

RAYL Corporate Offices

#704-595 Howe St
Vancouver BC V6V 2T5, Canada

Customer Support

Support Studio

Investor Relations

Bello Capital Partners