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DREAM PAYMENTS

Embedded payment solutions for insurers, financial institutions, and software platforms

Insurtech Infrastructure Growth Series A
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Overview

Dream Payments is a Toronto-based fintech company that provides embedded payment solutions to banks, insurers, software platforms, and other enterprises. Founded in 2014 by Brent Ho-Young, Anant Tailor, and Long Van, the company initially operated in mobile point-of-sale technology before pivoting in 2018 to focus on B2B embedded payments.

The company launched DreamPay in October 2024, an API-first platform that enables rapid implementation of inbound and outbound payment features directly within customer workflows. Dream Payments serves 100+ financial institutions and insurance carriers globally, with a particular focus on insurance claims disbursement and premium collection.

The company is Bank of Canada Retail Payment Activities Act approved and has expanded its payment capabilities to include Real-Time Payments, ACH, Interac e-Transfer, and stablecoin pilot programs, positioning itself as a comprehensive embedded payments infrastructure provider for regulated industries.

Products & Services

DreamPay API

Core REST API platform for implementing embedded payment features with test environments, real-time notifications, and sandbox testing. Enables inbound and outbound payment processing with comprehensive developer documentation.

Key Features

  • REST API with sandbox and test environment
  • Real-time event notifications
  • Inbound and outbound payment flows
  • Support for Real-Time Payments, ACH, Interac e-Transfer

Target Users: Engineering teams at financial institutions, insurers, and software platforms

Online Payments

Embedded payment solutions integrated directly into business applications and websites. Enables customers to process payments without third-party redirects, keeping the transaction experience within the host platform.

Key Features

  • White-label payment capability
  • No third-party redirect required
  • Integration into insurer and platform workflows

Target Users: Carriers, brokers, and SaaS platforms

Payouts

Fast payout services for delivering funds to businesses, contractors, and individuals, supporting multiple payout methods including virtual cards and real-time rails.

Key Features

  • Multiple payout methods
  • Real-time and ACH payout rails
  • Virtual card support

Target Users: Insurance carriers processing claims disbursements

Insurance Hub

Specialized insurance payment solution launched April 2025. Tailored embedded payment features for insurance-specific workflows including claims disbursement and premium collection.

Key Features

  • Claims disbursement automation
  • Premium collection processing
  • Insurance-specific compliance and reporting

Target Users: Insurance carriers and MGAs

Point of Sale

In-person payment capabilities for merchants with real-time transaction processing. Legacy product from pre-2018 operations, supporting existing merchant customers.

Key Features

  • POS hardware and software integration
  • Real-time transaction processing

Target Users: Merchants and financial institutions

At a Glance

Founded
2014
Headquarters
Toronto, Ontario, Canada
Employees
11-50
Funding
Series A

Category & Focus

Category
Insurtech Infrastructure
Subcategories
Embedded Payments Claims Disbursement API Payments Platform
Insurance Verticals
P&C Personal P&C Commercial Life & Annuity
Target Customers
Carriers, MGAs/MGUs, Brokers

Customers

  • Wave (partnership announced October 2025, live Canada Q4 2025, US expansion early 2026)
  • NU Blockchain Technologies (stablecoin pilot partnership, late 2025)

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Last updated: 2026-05-12