Ahmed Shafik

Co-founder

Ahmed Shafik is the Toronto-based co-founder and Co-CEO of Venn, a fintech platform providing corporate cards, global payments, and accounting automation for Canadian businesses.

Education

Bachelor of Commerce, Accounting & Finance from TMU

Expertise
  • Canadian SMB and business banking
  • Multi-currency accounts and cross-border FX
  • Fintech product development and scaling
  • Payments and money movement infrastructure
  • Neobank operations, compliance, and onboarding
  • Highlight
  • Co-founded Venn in 2021, $21.5M Series A led by Left Lane Capital
  • Part of the Revolut team that launched its North American operations; previously at Koho
  • Leads product, engineering, growth, and recruitment at Venn
  • Canadian Business Guides

    September 1, 2025

    How to Incorporate a Business in Canada with Venn

    Incorporation is a significant decision for any entrepreneur, but it doesn't have to be overwhelming. Learn more about Venn's incorporation product, the cheapest option in Canada.

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    Platform Comparisons

    August 30, 2025

    Venn vs CIBC - Best Bank Account for Canadian Businesses

    Compare Venn vs. CIBC Business Banking. Discover which platform offers better fees, FX rates, and digital tools for Canadian businesses.

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    Canadian Business Guides

    August 20, 2025

    Which Startup Corporate Cards Don’t Require a Credit Check?

    Corporate cards in Canada don’t always require a personal credit check. Here’s what that means for startups and how to choose the right option for your business.

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    Canadian Business Guides

    August 19, 2025

    How to Make an ACH Payment - A Guide for Businesses in Canada

    ACH payments are the most cost-effective way for Canadian businesses to pay U.S. vendors. They eliminate wire fees, avoid FX charges, and deliver funds directly into U.S. accounts. This guide explains what ACH is, why it matters, and how to send payments step-by-step from Canada.

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    Canadian Business Guides

    August 18, 2025

    How to Make an EFT Payment

    EFT payments are one of the most reliable ways for Canadian businesses to move money. They offer lower costs, higher limits, and predictable timing compared to wires or Interac e-Transfers. This guide walks through what EFTs are, when to use them, and the exact steps to set one up.

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    Canadian Business Guides

    August 15, 2025

    Top 5 Best Small Business Accounting Software in Canada

    Explore top accounting software options in Canada for small businesses, including features for invoicing, tax filing, and expense tracking.

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