Venn ads

Spent 3 months trying to get access to our big 5 bank 💀. 𝐓𝐡𝐞 𝐬𝐜𝐞𝐧𝐞 𝐚𝐭 Stan: Picture this: We're trying to pay 50+ contractors across many countries, send invoices in multiple currencies, and move fast enough to not die. Meanwhile, our bank wants us to fax (FAX!!!) documents and wait 3-5 business days for... everything. I literally aged 10 years dealing with Canadian banking. 𝐓𝐡𝐞 𝐩𝐥𝐨𝐭 𝐭𝐰𝐢𝐬𝐭: Then Leo Katz from Venn popped over to our #Toronto office to chat. It completely changed the game for us. Not because they're perfect, but because they actually GET IT. 𝐖𝐡𝐚𝐭 Venn 𝐚𝐜𝐭𝐮𝐚𝐥𝐥𝐲 𝐝𝐨𝐞𝐬 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭𝐥𝐲: → Onboarding that doesn't require a blood sacrifice → Local CAD/USD accounts that actually work → A platform built for teams who need to move at startup speed, not corporate pace But the real difference? They listen. We say "this is broken" and they ship a fix. 𝐓𝐡𝐞 𝐮𝐧𝐬𝐞𝐱𝐲 𝐭𝐫𝐮𝐭𝐡 𝐚𝐛𝐨𝐮𝐭 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐛𝐚𝐧𝐤𝐢𝐧𝐠: Your bank can be a silent killer of progress. Every day spent fighting with banking is a day not spent building. And when you're competing globally from Canada? That's a luxury you can't afford. We learned that the hard way. We made the switch and haven't looked back. Everything just... works. Payments, invoices, contractor payouts – all the unsexy stuff that keeps the machine running. Check out the full case study here: https://lnkd.in/exP66Y4P -- Follow me, Cassie Crosbie ⋆˙⟡ , for surviving your ambitious twenties ˗ˋˏ ♡ ˎˊ˗. What's the biggest operational headache slowing your startup down?

Huge milestone for Venn! I’m incredibly proud that we’ve officially been approved by the Bank of Canada as a Payment Services Provider. This was a team wide effort and is the first step in truly creating more competition in Canada. It’s the first of many steps to enable more direct access for businesses like ours so we can offer the products and services Canadian businesses expect from their financial services providers. Lots more to come soon but this is a big one!

Had a blast taking part in this case study! If you're a Canadian business owner, check out Venn! I've been using them since starting Haydn's Açaí & Frozen Yogurt, and they've made business banking wonderfully easy :)

Venn (formerly Vault) has two features I really like.

Running an agency is hard enough. Doing it in Canada when you’re stuck paying ridiculous fees with the big 4 banks… Makes it even worse. So I started going down the rabbit hole of finding the best business banking platform for my business. Something that checks all the boxes: ✅ Local USD accounts that accept same-day ACH wires for free ✅ Multi-currency accounts (CAD, USD & GBP) + FX rates that are just as good as Wise ✅ Affordable international transfers to pay out my team And Vault checked every box and even more (they actually have the #1 FX rate in Canada) It took 10 minutes to sign up online (vs going to a branch) It syncs with QuickBooks And a massive shoutout to Ahmed Shafik (co-founder) and his team, they literally answer and help me out with any questions / issues And takes our feedback into future product features. Check it out: https://lnkd.in/gr57-xnu

I didn’t think business banking would be one of the hardest parts of running an agency. At Divisional, when you’re working with a team of 50+ marketers across borders and currencies, it quickly becomes a headache. With traditional banks, even something simple like adding a new team member meant paperwork, phone calls, and a visit to the branch. I started looking for a better way to manage our money. Something that could actually support a modern business. That’s when I found Venn (formerly Vault). Here’s what changed after we switched: ✅ USD and CAD accounts with free local EFT and ACH payments ✅ FX rates better than Wise. We save hundreds every month ✅ Seamless integrations with QuickBooks and Xero ✅ Granular user permissions to give my team control instantly ✅ A product that just works. It’s replaced our financial stack We started using Venn when we had 5 people. We’re a team of 50+ now and still use it every day, and as we keep growing, we’ll keep relying on it to save us time and money. If you're a founder scaling a global business in Canada, you don’t need to settle for slow banks and hidden fees. We didn’t, and it’s made a huge difference! Check it out: https://lnkd.in/gTbPcYX9