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

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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

Case Studies

November 17, 2025

How Stan simplified global payments for its creator platform with Venn

Stan helps creators turn their audiences into income. As Stan grew across Toronto and LA, managing multi-currency payments and invoicing became increasingly complex, which is where Venn becomes essential.

Venn Announcements

November 5, 2025

Announcement: Now earn 2% interest on your CAD and USD balances

We're excited to announce that all Venn users will now earn 2% annual interest on all CAD and USD balances, with no minimum balances or max thresholds

Canadian Business Guides

October 24, 2025

What are General and Administrative (G&A) Expenses?

Most businesses treat G&A like a catch-all. This guide shows you how to clean it up, stay compliant with CRA rules, and keep overhead under control for good.

Canadian Business Guides

October 20, 2025

What Net Payment Terms Mean for Canadian Businesses

Confused by Net 15, Net 30, or Net 60 payment terms? Learn what net payment terms mean, how they impact your cash flow, and when to offer them as a Canadian business owner.

Canadian Business Guides

October 17, 2025

Sole Proprietorship vs Corporation: How To Choose in Canada

Choosing between a sole proprietorship and a corporation is one of the first real decisions Canadian founders face. It affects how you pay taxes, how much risk you carry, and how ready your business is to grow. This guide explains the differences in plain language and shows how Venn now lets you incorporate and open your business account in one simple flow.

Venn Announcements

October 15, 2025

New Feature: Earn 2% Interest on All Balances While Banking with Venn

Starting today, every balance held in your Venn account will earn 2% interest, with no minimums or caps, across all currencies and plans for free.