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
  • Case Studies

    May 27, 2025

    How Ian Paterson Found the Perfect Financial Stack

    Venn wasn’t built to have flashy features, it was built to solve the core financial needs of Canadian founders, and to do them exceptionally well. Venn offers the best business bank account options for Canadian founders, including multi currency accounts and accounts denominated in Canadian dollars.

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    Case Studies

    May 7, 2025

    How Divisional Streamlined Financial Operations with Venn

    Initially, Divisional relied on traditional Canadian banks for their accounts. As their operations expanded, they began integrating additional financial tools like Wise for international payments and Stripe for credit card processing. This fragmented approach complicated their financial management, creating unnecessary administrative overhead, until they got started with Venn.

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    Canadian Business Guides

    April 1, 2025

    How to Pay Vendors in the Philippines from Canada

    Discover the best way for Canadian businesses to send CAD to the Philippines in PHP, 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-the Philippines payments.

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    Venn Announcements

    March 17, 2025

    Introducing Venn Invoicing: Send Custom Invoices and Accept Credit Card Payments

    We’re excited to launch Venn’s invoicing feature, making it easier to collect payments quickly, handle multiple currencies, and simplify your accounts receivable.

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    Case Studies

    March 5, 2025

    Venn Helps Cyber Unit Eliminate Card Vulnerabilities and Simplify Expense Management

    Like many growing businesses, Cyber Unit relied on a traditional credit card for vendor payments and software subscriptions. However, that single point of failure became a major liability when their credit card details were compromised due to a vendor breach, so they turned to Venn.

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    Venn Announcements

    February 26, 2025

    We are now Venn: Announcing our $21.5M Series A and Rebrand

    Today marks a pivotal moment in our journey. We are proud to announce that we have officially rebranded to Venn—and along with this change, we’ve raised $21.5M in Series A funding from Left Lane Capital, XYZ Venture Capital, Intact Ventures, and Gradient to fuel our mission of transforming business banking for Canadian companies

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