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Built for You: Spring 2025 Updates
Here’s what we’ve shipped, improved, and celebrated over the past quarter.
FX on your terms.
Transfers without the wait.
FX Limit Orders
You can now set a preferred exchange rate for any supported currency conversion. We’ll automatically process the exchange when your target rate is hit. This helps you control currency costs without constantly monitoring the market.
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Auto-deposit Interac e-Transfers
We’ve removed the manual step from incoming Interac e-Transfers. Now, funds auto-deposit into your account as soon as they arrive, making vendor payments and reimbursements smoother for everyone involved.
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Venn has been a game-changer for us at MedEssist. Their platform truly simplifies everything, from employee spending to foreign transactions and cash management. We’ve saved significantly on FX fees and now have a seamless way to invest our excess cash.
Joella Almeida, MedEssist
Move more money.
Get cards sooner.
Higher transfer limits
Need more room to move funds in and out of your Venn account? You can now request a transfer limit increase directly in-app. Just enter the new amount to instantly submit a limit increase request.
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Expedited shipping
In response to recurring delays with Canada Post, we’ve introduced express DHL delivery options to ensure physical cards reach your team faster, whether they’re in Toronto or traveling abroad
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Get paid on time.
Close the books faster.
Recurring Invoices
You can now set up recurring invoices for clients you bill on your frequency whether that's weekly, monthly, quarterly, or custom. This saves you time and helps ensure payments come in consistently without having to start from scratch each cycle.
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One-click account documents
Bank documents like authorization letters, direct deposit forms, and void checks are now easier to access. With a single click, download exactly what you need for onboarding vendors, setting up payroll, or updating banking details.
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Upgraded Accounting page
We refreshed the design and functionality of the Accounting tab to improve clarity and control. It’s now easier to filter by transaction type, view cleared vs outstanding items, and export what matters, all in one place.
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Transparent and easy
expense management
10+ hours saved
on financial admin
Venn finally gives me the visibility and control I needed, without all the extra fees or admin. I’m not stuck at the branch or dealing with old-school systems. Everything just works.
Ashley Bly, The Hut Smoothie & Juice Bar
Read Case Study
We’ve been recognized by industry leaders
One of BetaKit’s Most Ambitious Companies
We were proud to be recognized by BetaKit as one of Canada’s top forward-looking startups, a reflection of the ambition behind Venn and the businesses we serve.
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Finalist for the CLA’s Business Finance Award
The Canadian Lenders Association named Venn a finalist for our work helping businesses modernize their financial operations and move beyond traditional banking.
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Stronger security.
Smoother onboarding.
Simplified account setup
Get up and running faster with a guided account setup experience that helps you understand Venn quickly, set things up with ease, and start seeing value from day one.
Multi-factor authentication (MFA)
Admins can now enable MFA for added account protection. It’s a quick way to introduce an extra layer of security without complicating your team’s access.
New Payments Clerk role
We renamed the AP Clerk role to Payments Clerk to better reflect its functionality. This role now includes more intuitive permissions and cleaner approval workflows, especially for businesses with multiple finance contributors.
Our featured partners
Freightcom
Freightcom is an all-in-one shipping platform that simplifies and centralizes your entire shipping process. Venn clients can sign up today to unlock exclusive discounts and see how Freightcom can streamline logistics for your business.
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Progressive Contractors Association
PCA represents over 44,000 members across 140 firms, making it one of Canada’s largest construction associations. Venn is proud to support PCA members with modern business banking built to power the infrastructure behind Canada’s future.
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Join 4,000+ businesses banking with Venn today
Streamline your business banking and save on your spend and transfers today
No personal credit check or guarantee.
