Venn is a financial technology platform providing business banking services for Canadian companies.

Are my funds CDIC insured?

Yes, Venn holds eligible deposits at our Partner Institution in our trust accounts, including deposits in foreign currencies. CDIC protects eligible deposits up to CA$100,000 per deposit category per CDIC member institution.

Which currencies does Venn support?

Venn supports multiple currencies including CAD, USD, GBP, and EUR, with transfers available to 200+ countries in 30+ currencies.

Does Venn have any hidden fees?

No, Venn has transparent pricing with no hidden fees. Check the Pricing page for details.

With Venn, is there a minimum balance requirement?

Nope! Other companies and traditional bank accounts have high minimum balance requirements. This makes accounts inaccessible for small businesses or individuals. Venn does not require a minimum balance. Your CAD and USD funds will also earn 2% interest regardless of the balance.

How long does it take to set up my account?

You can create a free account in less than 5 minutes.

Cross border payment

seamless banking

Built to save you time and money

Our goal is to help you save time and money so you can focus on what matters most - your business

Venn platform UI with a congratulation notification for a cashback

A pre-sending transaction that sends 1,000 CAD that converts into 40,000 Philippine peso

FEATURES

Send EFT and ACH payments with full control

Free Local Transfers

Send USD and CAD for free via EFT, ACH, and Interac e-Transfer with no hidden fees. Pay suppliers and contractors like a local.

Lowest FX Rates

Send same-day payments to 180+ countries in 36 currencies. Pay just 0.25% FX, not the 3%+ markups charged by big banks.`

Multi-Level Approvals

Automate payment approvals with customizable workflows, built-in audit trails, and faster month-end reconciliation.

Protected by CDIC

Eligible deposits are insured up to $100,000, so your money stays safe and protected at all times.

No Branch Visits

Create an account in minutes online and start sending, spending and earning without ever stepping into a branch.`

Support Based in Canada

Get live chat support from real humans - always local and always available.

TESTIMONIALS

Trusted by 5,000+
Canadian businesses

Andrew D’Souza

Swish Goswami, Head of Growth

We used RBC for a long time, but Venn quickly became the clear home for all our USD payments. We earn 2% interest on idle funds and save thousands every month when converting for operational expenses. Every team member now uses a Venn card. USD spend is easy, cashback is consistent, and expenses flow straight into QBO without any effort.

Cassie Crosbie

Manager, Operations at Stan

Saving on currency conversions, holding multiple currencies in the same account, and paying invoices each month has been great. Venn made it easy for us to pay contractors globally.

Haydn Wain-Lowe

Founder of Haydn's Açaí & Frozen Yogurt

My experience with the big banks has been clunky and not super efficient. With Venn, the onboarding was seamless from day one. It just made sense, and it’s been smooth sailing ever since.

< 5 min

To apply online

24/7

Online access

0

Account fees

See Venn in Action

Join 5,000+ Canadian businesses that are saving millions of dollars today

Open a free account

Built in Canada, for Canadians