Venn vs. Keep: All-in-One Financial Platform vs. Credit Cards & Spend Management App

For Canadian businesses navigating global payments, team expenses, and financial controls, two platforms often enter the conversation: Venn and Keep (Try Keep). But while they may seem similar at first glance, both offering corporate cards, spend visibility, and integrations, their core philosophies and capabilities are fundamentally different.

Keep is a credit-first platform designed around spend management. It issues corporate cards to Canadian businesses with cashback rewards and offers basic accounting integrations. Its value is largely tied to card usage and reward structures, with less emphasis on holding balances, global transfers, or full-stack financial operations.

Venn, on the other hand, is built as a complete financial operating system. It combines CAD, USD, GBP, and EUR multi-currency accounts, unlimited corporate cards with real cashback, AP/AR automation, Interac e-Transfers®, FX transfers, and accounting sync, all from a single platform. Venn replaces the need to connect external accounts or juggle point solutions by offering everything natively.

This guide walks through the feature-by-feature differences between Venn and Keep so you can choose the best-fit platform for your team’s size, structure, and cross-border complexity.

Venn vs. Keep: Feature Comparison at a Glance

Let’s compare Venn vs. Keep at a glance. Here’s how the two solutions differ across their most important features:

‍

Feature: Corporate Cards and Rewards

Venn

Venn offers charge cards directly connected to its native multi-currency accounts, enabling spending in CAD, USD, GBP, and EUR without unnecessary FX conversions. These cards (both physical and virtual) are issued instantly with no monthly fees or per-card costs. Venn cards operate as charge cards, meaning all spending is funded from your account balance, avoiding interest or revolving credit risk.

Each card earns 1 percent cashback on all purchases, with no category restrictions or caps on the Pro plan. Cashback is paid out monthly, never expires, and is automatically applied to your balance. Teams can issue unlimited cards with custom spend limits, approval workflows, and merchant-level controls, ensuring finance leaders retain complete oversight across departments, projects, and geographies.

Whether you’re managing employee expenses, vendor payments, or cross-border subscriptions, Venn’s card program is optimized for real operational use and tangible ROI.

Keep (TryKeep)

Keep issues credit cards to Canadian businesses, backed by revolving credit lines. Unlike Venn’s charge cards, Keep’s cards allow balances to carry over with interest, a structure that may suit some businesses but introduces risk and complexity for others.

Keep promotes a cashback program with 0.37 percent cashback on CAD spending and up to 0.96 percent cashback on non-CAD spend. However, this higher non-CAD rate is effectively neutralized by Keep’s 3% FX markup on all foreign transactions. In addition, cashback is only paid out every four months and expires after 18 months if unused.

There are also limitations in spend controls. While Keep allows basic card-level limits, it lacks the robust approval workflows or role-based controls that finance teams typically need to manage company-wide expenses.

In short, while Keep positions its cards as a rewards product, the combination of lower cashback, delayed payouts, FX fees, and limited controls make it less suitable for businesses that want to scale spend with clarity and control. 

Feature: Global Accounts & Business Banking

Venn

Venn offers Canadian businesses fully integrated local multi-currency accounts in CAD, USD, GBP, and EUR. These accounts come with domestic routing details to allow free local transfers such as EFT, ACH, SEPA, and Faster Payments, allowing businesses to send and receive funds just like a local entity in each currency region without opening a traditional bank account abroad. There are no account opening or monthly fees, and all activity: funding, transfers, reconciliation stays within the Venn platform for real-time visibility and control.

Venn’s accounts are especially useful for companies that invoice globally, manage payroll in multiple currencies, or hold balances to hedge against FX. Combined with smart in-platform transfers, transparent FX rates (as low as 0.25%), and tight accounting integrations, Venn turns global accounts into a powerful operational asset, not just a holding tool.

You can learn more about Venn’s global accounts here. 

Keep (Try Keep) 

Keep also offers local multi-currency accounts in CAD, USD, GBP, EUR, and MXN. This makes Keep a viable solution for SMBs that want to avoid the frictions of cross-border payments and establish localized payment flows.

Where Keep diverges from Venn is in its credit-first architecture: these accounts primarily support its corporate credit card functionality and spend management workflows. The platform is centered around card issuance, cashback (with FX caveats), and bill pay, not around unified financial operations or balance sheet control.

Unlike Venn, Keep does not allow you to:

• Send Interac e-Transfers® for local Canadian payments
• Invoice clients directly from your account with branded, multi-currency invoices
• Earn unlimited 1% cashback (Keep’s max is 0.96% on non-CAD spend but drops to 0.37% on CAD, and cashback is paid quarterly and expires after 18 months)
• Use your account funds for investment products like GICs
• Run payables and receivables natively with real-time reconciliation into your accounting software

Keep is well-positioned for companies that want a card-focused expense tool with international reach, but businesses looking to centralize accounting, payments, global transfers, team spend, and cash management under one system will find Venn a far more complete financial platform.

Feature: Accounts Payable for Managing Outgoing Payments

Venn

Venn gives businesses full control over both domestic and international payments, with support for EFT, ACH, Interac e‑Transfer®, SEPA, UK Faster Payments, and SWIFT all from within its own native multi-currency accounts. You can send and receive payments in over 30 currencies across 200+ countries, making Venn a strong fit for global operations or cross-border suppliers.

All local transfers (ACH/EFT) are free on paid plans. International wire transfers cost $6–$10, depending on plan tier, and FX fees are tiered starting at 0.45% on Essentials, 0.35% on Plus, and just 0.25% on Pro. This pricing structure makes Venn especially competitive for companies doing frequent FX transactions.

Keep

Keep also supports global payments through its multi-currency infrastructure. Users can send money via Interac, EFT, FedWire, SWIFT, and ACH, with access to localized rails like ACH in the US and EFT in Canada. This makes Keep viable for basic international payables and domestic transfers.

However, Keep does not publish clear pricing for local transfers like EFT or ACH, whereas Venn offers them free on all paid plans, including unlimited Interac e‑Transfers®. Wire transfers on Keep cost $15, while Venn charges just $6–$10, depending on plan tier.

On FX, Keep charges a flat 3% FX fee on all international credit card transactions, which significantly reduces the value of its cashback and adds hidden cost to global spend. In contrast, Venn’s FX fees range from just 0.25% to 0.45% depending on plan tier, a 6x to 12x advantage in pricing. 

‍

Feature: Invoicing / Accounts Receivable (AR)

Managing AR is vital to healthy cash flow, but the implementation differs between Venn and Keep.

Venn

Venn’s invoicing tools are deeply embedded in its financial ecosystem. With native support for branded, multi-currency invoices, businesses can issue bills in CAD, USD, GBP, or EUR and accept payments by card or bank transfer. It also offers flexible options for passing payment processing costs to customers.

Recurring billing, automated categorization, and real-time reconciliation ensure that invoices are seamlessly tracked and closed. Even better, invoicing data flows directly into Venn’s accounts payable and accounting integrations, meaning finance teams can manage both sides of the cash flow equation in one platform.

Venn also supports true two-way sync with QuickBooks and Xero. That means all invoice details  synced in both directions without the need for duplicate entry or manual reconciliation. This reduces errors, saves time, and delivers a single source of truth across all payables and receivables.

Keep

Keep’s AR tools are limited compared to Venn’s. The platform emphasizes spend visibility and virtual card rewards, but there’s no built-in invoicing module nor native AR automation. Instead, customer-facing invoicing must be managed separately or via third-party tools, not within Keep’s system.

While Keep integrates well for corporate card spend tracking, AR workflows like sending invoices, following up on outstanding payments, or managing recurring billing are not supported natively.

Venn vs. Keep: Pricing Overview

Venn and Keep differ not only in pricing structure but also in how their platforms manage funds and costs. While Venn offers flat monthly pricing with transparent FX and transfer fees, Keep uses a subscription model tied to a credit-based spend system, meaning businesses could also be subject to interest payments if their card balances aren’t cleared each billing cycle.

Venn: Venn offers three pricing tiers based on the scale of business needs. All plans include access to multi-currency accounts, corporate cards with cashback, two-way accounting integrations, and domestic and international transfers:

• Essentials (Free): 0.45% FX, $10 international wires
• Plus ($40/month): 0.35% FX, $8 international wires
• Pro ($100/month): 0.25% FX, $6 international wires

Keep: Keep charges $29.99 every 4 weeks after a free 4-week trial. This flat subscription grants access to its credit cards, expense tools, and multi-currency wallet. However:

• Cards are credit-based, not prepaid or charge cards—meaning interest may apply if balances are not paid in full.
  
  
• Keep’s own site and help center note that customers are subject to standard credit terms unless paid in full by the statement due date.
• You are stuck earning lower cashback and paying ~3% FX fees on international transactions

Venn: Strengths & Considerations

Here's a look at the strengths and considerations of the Venn platform:

Pros:

• All-in-One Financial Platform: Venn unifies business banking, AP/AR automation, corporate cards, global transfers, and investment tools like GICs, reducing the need for multiple disconnected systems.
• Integrated Multi-Currency Accounts: Hold and transact in CAD, USD, GBP, and EUR via local currency accounts. Funds can be received, held, and sent without needing external banking relationships.
• Charge Cards with Cashback and Controls: Issue unlimited virtual and physical charge cards backed by your Venn account balance. All spending earns 1% unlimited cashback with no expiration or minimum spend which is a superior offering to Keep.
• Transparent FX and Transfer Fees: FX rates start as low as 0.25% on paid plans, and international wires range from $6–$10 which is significantly lower than typical local and international transfer fees and rates.
• Built-in Expense and Bill Pay Automation: Submit, approve, and reconcile expenses and bills natively. Interac e-Transfers, EFT, ACH, SEPA, and more are supported and free on the Pro and Plus plans.
• Two-Way Accounting Sync: Deep integrations with QuickBooks and Xero keep books up to date in real-time.
• Recurring Invoicing and Receivables Tools: Accept payments via card or bank transfer, generate branded multi-currency invoices, and apply flexible rules for processing fees.
• Predictable, Flat Pricing: Tiered monthly plans with transparent fees. No interest charges, no surprise markups, and no hidden costs for features like cashback or transfers.
  

Considerations:

• Newer Compared to Legacy Tools: Venn is a fast-growing financial platform that may be less familiar to those used to traditional accounting-first tools or credit-based providers. However, its all-in-one infrastructure is designed to replace rather than supplement existing bank systems.
• No credit card offering: Venn is currently only available as a corporate charge card
  

Keep: Strengths & Considerations

Here is a breakdown of Keep’s benefits and tradeoffs:

Pros:

• Card-Led Spend Management Platform: Keep positions itself around rewards-based corporate credit cards, offering cashback on business spend with built-in categorization and spend controls. However, points do expire and provide lower overall return than Venn’s cashback.
• Multi-Currency Wallet: Keep provides access to CAD, USD, EUR, GBP, and MXN wallets with local account details.
• Credit-Based Model with Cashback: Businesses earn 0.37% on CAD spend and up to 0.96% on foreign spend (before FX). However, this is lower than Venn’s 1% unlimited cashback on all spend.
• Subscription-Based Pricing: A flat $29.99 every 4 weeks after a free trial grants access to card rewards, expense features, and multi-currency functionality.
• QuickBooks and Xero Support: Accounting integrations are available for syncing transactions, with CSV exports for reconciliation.

Considerations:

• Credit Exposure and Interest Charges: Keep uses credit cards, meaning businesses can accrue interest if balances aren’t paid in full each billing cycle.
• High FX Fees: All international card transactions incur a 3% FX fee, which significantly reduces the real value of cashback rewards on non-CAD spending, especially when Venn only has rates of 0.25-0.45% on non-international transactions..
• No AP/AR Automation or Invoicing Tools: Keep does not support accounts payable or receivable workflows. There are no tools for vendor payments, approval workflows, or issuing invoices.
• No Direct Banking Features: Funds cannot be deposited, paid out, or managed like a traditional bank account. There is no support for Interac e-Transfers or GIC investing.
• Cashback Expiry and Delayed Payouts: Cashback is paid every four months and expires after 18 months if unused, unlike Venn’s monthly, non-expiring cashback structure.
• Opaque Transfer Fees: While Keep markets competitive FX and transfer rates, many costs (e.g., CAD wires at $15, ACH pricing) are not publicly listed, making forecasting more difficult.

Which Platform Is Right for Your Business?

Choosing between Venn and Keep depends on whether your business needs a complete financial platform or a credit-led expense management tool.

Venn is built for companies that want to manage everything in one place. It combines real multi-currency accounts, charge cards with unlimited 1 percent cashback, invoicing, accounts payable and receivable automation, investment options like GICs, and global transfers. Venn offers full financial infrastructure, allowing businesses to send and receive money, pay vendors, issue team cards, and get paid faster, all from a unified platform. With FX fees as low as 0.25 percent and no interest charges, Venn helps companies reduce costs while improving control. Teams can also earn more cashback without worrying about expiry limits or minimum spend requirements.

Keep credit card is better suited to businesses focused strictly on credit card spend and cashback. It offers virtual and physical credit cards with basic expense tracking, and supports multiple currencies through digital wallets. However, it charges a 3 percent FX fee on non-CAD card transactions, provides lower cashback on CAD spend, and only pays out rewards every four months. There is no invoicing, no AP or AR automation, and no ability to hold or invest idle balances.

For growing businesses that care about visibility, control, and saving money on international operations, Venn is the more complete and cost-effective solution. It replaces fragmented banking and finance tools with one powerful platform designed for Canadian teams managing both local and global operations.

Ready to Simplify and Scale Your Finances with Venn?

See how Venn can replace fragmented financial tools, lower your FX and payment costs, and give you real-time visibility into how your business moves money.

Learn More About Venn's All-in-One Platform

Frequently Asked Questions (FAQs)

Q. Can Venn replace Keep for managing business spend and global payments?

A. Yes. Venn offers an integrated platform that includes multi-currency accounts, charge cards with 1 percent cashback, international payments, invoicing, and expense automation. Keep is focused primarily on credit card-based spend and does not support accounts payable, receivable, or vendor payments. Venn delivers broader functionality for teams that need to manage both card and non-card financial workflows.

Q. Does Keep offer real accounts with native routing numbers like Venn?
A. Keep provides multi-currency wallets with local account details in select currencies (CAD, USD, EUR, GBP, MXN), but it is unclear whether these are fully hosted accounts with deposit and payment functionality equal to Venn’s. Venn offers true local CAD, USD, GBP, and EUR accounts, issued via regulated partners, with support for incoming and outgoing payments, FX conversion, and reconciliation.

Q. How do Venn and Keep compare on FX rates and cashback?

A. Venn offers FX as low as 0.25 percent and 1 percent unlimited cashback with no expiry. Keep charges a 3 percent FX fee on international card spend, which reduces the effective cashback (0.96 percent pre-FX, 0.37 percent CAD). Keep also pays cashback every 4 months and it expires after 18 months, while Venn pays out monthly and cashback never expires.

Q. Are there interest charges or credit exposure with Venn?
A. No. Venn uses charge cards that draw directly from your account balance, eliminating interest charges or revolving credit risk. Keep uses credit cards, so businesses that don’t pay balances in full could be subject to interest fees, which may reduce the total value of cashback and rewards.

Q. Does either platform support invoicing and accounts receivable automation? 

A. Only Venn includes built-in invoicing tools. You can issue branded invoices in multiple currencies and accept payments via card or bank transfer. Keep does not offer invoicing or AR functionality.

Q. How are international transfers and wires priced? 

A. Venn offers wires from $6 to $10 depending on plan, with fast delivery to over 200 countries. Keep charges $15 CAD per wire and does not publish full FX or ACH pricing. Venn also supports Interac and has a clearly tiered FX structure, making it easier for finance teams to forecast costs.

_{The comparative information provided on this page is based on publicly available sources and is accurate to the best of our knowledge as of July 30, 2025. Features, pricing, and terms may change without notice. For the latest information, please consult each provider’s official website directly. All trademarks and product names are the property of their respective owners. Their use does not imply any affiliation with or endorsement by those brands.}

‍