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Sohaib Zahid on the TechTO stage

Sohaib Zahid

Co-founder, Railz

FintechTorontoOn TechTO stages since 2021

Sohaib Zahid co-founded Railz in Toronto in June 2020 and led it as CEO. Railz sold lenders and banks a single API into the accounting software small businesses already use — QuickBooks, Sage, Xero, FreshBooks — so underwriting could read live ledger data. It raised a US$12M Series A in 2021 and was acquired by FIS.

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First seen on the TechTO stage in 2021. Every talk is searchable — ask the archive about Sohaib

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Quick answers

Who is Sohaib Zahid?

The co-founder of Railz, the Toronto accounting-data API company acquired by FIS, where he was CEO. He took the company through Y Combinator and raised a US$12M Series A led by Nyca Partners in May 2021.

What did Railz do?

It gave lenders, fintechs and banks one API into the accounting systems small businesses already use, so underwriting could read real ledger data instead of uploaded PDFs. FIS now sells the product as Accounting Data as a Service.

What is Sohaib Zahid doing now?

Not established. Railz was acquired by FIS and railz.ai redirects to FIS, but no citable page confirms what he does today, so this profile does not print a current title. Co-founder of Railz is the fact that does not expire.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 29, 2026