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

    February 6, 2025

    How to Pay Vendors in India from Canada

    Discover the best way for Canadian businesses to send CAD to India in INR, 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-India payments.

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    Venn Announcements

    January 20, 2025

    New Feature Launch: Introducing Venn's Admin Portal - A Game-Changer for Accountants

    Our new Admin Portal aims to make it quick and easy for Accountants to manage all of their clients’ accounts with only a few clicks.

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    Venn Announcements

    November 19, 2024

    New Feature Launch: Send payments via Interac for Free with Venn

    The days of paying fees for e-Transfers are over. Starting today, you can send payments via Interac for free, directly through Venn.

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    Case Studies

    November 12, 2024

    How Traction Health Streamlines, Saves, and Scales with Venn

    Traction Health, a subsidiary of Synchronous Systems, is an innovation-driven company focused on mobile human performance testing technology. Traction Health turned to Venn when they were looking for an all-in-one finance platform to help them scale without paying high fees.

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    Case Studies

    November 4, 2024

    How Alan Insurance Cut Banking Time by 75% with Venn

    Since expanding into Canada, Alan has faced substantial challenges managing banking for its overseas employees. As a small, fast-moving team within a larger structure, the need for an efficient, compliant solution became critical. Alan operates in a highly regulated industry, where robust tracking and audit-ready financial controls are essential. With remote employees, they needed a streamlined solution that didn’t rely on visiting physical branches but could support secure, compliant banking across international locations.

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    Platform Comparisons

    September 20, 2024

    A Comprehensive Look at BMO Business Accounts in Canada

    Explore the various business account options BMO offers, including their features, fees, and limitations, to help you make an informed decision for your Canadian business.

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