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Paramount Commerce

Pay-by-bank payments platform for merchants

Head of Emerging Verticals

Full-TimePosted on 10/19/2026
No salary listed
Expert
Canada
HybridThursdays in the Toronto office are required.
Sales & Account ManagementBusiness Development & Partnerships

About the job

Requirements
  • Proven track record as a business unit owner, strategic growth leader, General Manager, or Chief of Staff, balancing strategic vision with hands-on operational execution.
  • Deep domain expertise within payments, fintech, banking ecosystems, or adjacent technology sectors.
  • Demonstrated track record of carrying and exceeding an individual or vertical revenue target while driving long-term strategic initiatives.
  • Experience combining high-performing enterprise selling with strategic business building, including leading executive meetings and working through product, market mechanics, and unit economics.
  • Demonstrated success growing multi-million-dollar business lines or leading geographic or vertical market expansions.
  • Ability to align Product, Operations, Marketing, and Sales teams toward shared strategic and financial objectives.
Responsibilities
  • Define, execute, and continuously refine 12-, 24-, and 36-month strategic growth plans for non-core and emerging verticals.
  • Identify, assess, and prioritize new vertical opportunities, business cases, adjacent revenue streams, and go-to-market strategies.
  • Analyze pipeline metrics and market feedback to guide high-level product feedback and advocate for necessary product investments.
  • Own a vertical revenue quota and drive end-to-end deal cycles from initial market strategy through execution and revenue delivery in high-growth verticals.
  • Translate strategic vision into commercial roadmaps and remove execution barriers across Product, Operations, Marketing, and Commercial teams.
  • Establish operating rhythms, key performance indicator frameworks, performance-management dashboards, and executive reporting for emerging vertical growth.
  • Evaluate, guide, and optimize the team’s pipeline delivery and vertical execution.
  • Lead high-level merchant and ecosystem discussions to accelerate market penetration and build strategic, repeatable deal frameworks.
  • Act as the primary strategic operator for new growth, reducing operational execution dependency on the Chief Revenue Officer and enabling executive leadership to focus on broader commercial scale.
  • Support the core Business Development team by taking on complex, high-value strategic opportunities and advisory functions.

About the company

Paramount Commerce helps Canadian merchants process payments by bank transfer as a pay-by-bank partner. Its platform enables one-click payments with patented technology, backed by risk management and seamless integration. It differentiates itself by being Canada's leading pay-by-bank partner with over 20 years of experience, millions of users, and more than $100 billion processed. Its goal is to simplify payments in Canada, delivering easy, trustworthy experiences for both merchants and consumers.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Toronto, Canada

Founded

2003

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Simplify's Take

What believers are saying

  • May 2026 top-line traction: more than 4 million active Canadian consumers.
  • BMO, TerraPay, and MoonPay partnerships expand distribution into banking, remittance, and crypto.
  • Clik2pay expands product breadth and cross-sell into telecom, lending, and collections.

What critics are saying

  • Payments Canada RTR approval stalls; competitors reach direct rails first in 2026.
  • Interac dependency concentrates platform risk and pricing pressure from network rule changes.
  • A failure to retain 4 million active users would break its scale narrative.

What makes Paramount Commerce unique

  • Payments Canada member status positions Paramount for direct RTR participation.
  • Interac e-Transfer for Business powers pay-by-bank and payout rails across Canada.
  • Clik2pay acquisition adds e-billing, collections, and platform integrations like Shopify and Salesforce.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Wellness Program
  • 401(k) Company Match
  • Hybrid Work Options
  • Paid Vacation
  • Parental Leave
  • Volunteer Days

Company News

Paramount Commerce
Jun 24th, 2025
TerraPay Partners with Paramount Commerce for Real-Time Payouts in Canada

TerraPay, a global money movement company, has partnered with Paramount Commerce, Canada's leading pay by bank provider, to enable real-time payouts to Canadian bank accounts via Interac e-TransferR for Business.

EIN News
May 7th, 2025
Paramount Commerce Collaborates with BMO to Enhance Pay-by-Bank Payment Processing

Paramount Commerce collaborates with BMO to enhance pay-by-bank payment processing.

EIN News
Feb 5th, 2025
Paramount Commerce wins Payment Provider of the Year at Pan Finance Awards

Paramount Commerce wins Payment Provider of the Year at Pan Finance Awards.

EIN News
Dec 9th, 2024
Paramount Commerce Caps Off 2024 with 3 Million Customers

Paramount Commerce has surpassed 3 million customers, cementing its role as Canada's top pay by bank provider

EIN News
Nov 25th, 2024
PowerPlay Partners with Paramount Commerce to Strengthen Localized Payment Options for the Canadian Market

TORONTO, ON, CANADA, November 25, 2024 / EINPresswire.com / - PowerPlay, a prominent online sportsbook & casino, has announced a new partnership with Paramount Commerce, the leading Canadian pay by bank provider.