Venn is transforming Canadian business banking with an all-in-one financial platform built for modern entrepreneurs. Founded in 2021 by former Revolut executives Ahmed Shafik and Saud Aziz, Venn has rapidly scaled to serve over 5,000 Canadian businesses who have left traditional banking behind. The company raised $21.5 million in Series A funding led by Left Lane Capital to fuel its mission of bringing transparency, speed, and affordability to business banking.
Venn delivers a comprehensive suite of financial tools that include local CAD and USD accounts earning 2% interest with full CDIC protection, corporate cards with 1% cashback, seamless global transfers with competitive FX rates, expense management, accounting automation, and accounts payable. By eliminating branch visits, hidden fees, and legacy systems, Venn saves businesses 3-4% on every transaction while providing real-time financial reporting and powerful integrations with platforms like QuickBooks and Xero. From incorporation to enterprise-scale operations, Venn enables Canadian businesses to manage their entire financial operation from a single, intuitive platform.