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

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.

Case Studies

August 13, 2025

How Claymoo uses Venn to simplify cross-border payments

In the early days, every order felt like a win, but every payout came with a cost. Payments processed in USD were automatically converted to CAD, only to be converted back into USD to pay overseas vendors. The double conversions added up quickly, eating into already thin margins.

Platform Comparisons

August 2, 2025

Best Business Credit Cards in Canada for Multi-Currency Use

Compare the best business credit cards in Canada for multi-currency transactions. Discover top options to cut FX fees and streamline global payments for your business.

Case Studies

July 9, 2025

How Cedarbrush Scaled their 7-figure Business with Venn

For Corey, the core issue wasn’t just the lack of access to credit; it was the inability to separate personal and business finances without taking on unnecessary risk. Traditional banking options didn’t offer him the flexibility or control he needed. As the business grew, so did his need for a reliable and secure solution to manage payments, set limits, and control spending.

Case Studies

June 24, 2025

The Hut Saves Thousands in Charges and 10+ Hours Monthly with Venn

Behind the counter, the team blends nutrient-packed smoothies and juices. Behind the scenes, Ashley was juggling vendor payments, staff reimbursements, and outdated banking tools that weren’t built for modern, fast-moving businesses.

Canadian Business Guides

June 5, 2025

How to Pay Vendors in China from Canada

Discover the best way for Canadian businesses to send CAD to China in CNY, comparing fees and exchange rates while ensuring fast, cost- effective transfers. Learn practical tips to avoid hidden costs and see why Venn is the smart choice for seamless Canada-to-China payments.