Venn helps you manage money, not just store it.
With multi-currency accounts, smarter payments, and automated controls, Venn gives Canadian businesses everything EQ Bank (Equitable Bank) doesn’t.
Know what you pay.
Flat fees and nothing else.
Every fee shown before you confirm. No markups hidden in the rate.
EQ Bank (Equitable Bank)
Physical corporate cards
Virtual corporate cards
Free accounts with no minimums
CAD, USD, GBP & EUR accounts
Spend controls
Automatic receipt collection
Expense management software
Simplified Accounting Software Integration
Required branch visits
Venn is proudly built for Canada. If your business needs more than just transfers — interest on your balance, cashback, CDIC insurance, expense management, and AP automation — Venn is built for that.
Venn handles your whole business banking.
Hold CAD, USD, GBP and EUR in local accounts for free. Earn USD and pay USD suppliers with no conversions or fees.
Your balance earns 2% interest on CAD and USD. Your card spend earns 1% cashback with no cap.
Issue unlimited physical and virtual cards with custom spending limits. Hold all your currencies with one card.
Your USD & CAD are insured up to $100,000, giving you confidence your money is safe. Your funds are held and protected independently from Venn's business.
What our customers
are saying
Start sending and receiving globally in minutes, not days. And then do so much more.
With Venn, you get the best of both business banking and financial automation.
Apply online in 5 minutes
No branch visit or credit check required. Sign up in 5 minutes and get approved the same day. Once you're approved, you'll get your local multi-currency accounts (CAD, USD, GBP, and EUR) live immediately.
You can add funds in minutes using bank transfers or Interac e-Transfer®.
Venn is made for corporations and sole proprietors. If you are just starting your business, you can also use Venn to incorporate online with the lowest fees in Canada.
Add recipients and start sending payments in 60 seconds
Add recipients in minutes and start sending payments right away. Once added, recipients are saved for future payments, making it easy to pay vendors and partners.
You can also share your local Venn banking details across currencies to start receiving payments from clients and customers directly into your Venn account.
Receive USD into your USD account to avoid unnecessary FX markups and hidden fees from PayPal and other platforms, then convert within Venn.

Send via the cheapest rail automatically
Send local payments for free: EFT and Interac e-Transfer® for Canada, ACH for the US, SEPA for Europe, Faster Payments for the UK. Use SWIFT for everywhere else and pay less than $10 per wire, unlike the Big Banks that charge you $25+.
Convert your currency at rates starting at 0.25% instead of paying the 2-3% markups charged by leading banks.
You can learn more about our fees and rates on our Pricing page.
Create custom cards for your team immediately
Create virtual corporate cards for your team in minutes, with custom restrictions and limits, while tracking all of your company’s expenses in one place.
With Venn, you can create unlimited virtual cards, and each card can access all of your currencies, automatically using the local currency first whenever available.
Pay with a Venn card or through Apple Pay / Google Pay, upload receipts that auto-match in seconds, and make spreadsheets and manual expensing a thing of the past.

Automate your accounting and let AI handle month-end
Syncs to QuickBooks and Xero to automate your accounting: create custom rules and access all your clients through one portal. Create custom invoices and accept both credit cards and bank transfers while letting you choose who covers the fees.
You can also use Venn Intelligence, our growing suite of AI agents, to automate accounting workflows and decision-making to save even more time.
Banking built for Canadian businesses.

CAD, USD, GBP, and EUR accounts — all in one place.
CDIC-protected Canadian and US accounts on local rails. Send and receive EFTs, ACH, SEPA, and Interac e-Transfers® without the fees. 2% interest on your balances, no minimums.

Corporate cards that work as hard as you do.
Physical and virtual cards with 1% cashback, spend controls, and Apple Pay + Google Pay. Set limits, approve spend, and see every transaction in real time.

Your finances, finally making sense.
Venn Intelligence connects your accounts, cards, and payables to give you a real-time view of your business. Automated receipt capture, QuickBooks and Xero sync, and insights that actually help you make decisions.
The fastest and most robust business banking platform, now with built in AI intelligence

Upload your receipts and Venn auto-matches and links the right transactions. Whether it's 3 receipts or 300: skip the manual work.

Venn learns from your history and suggests categories inline: no more manual entry or endless scrolling.

Once a pattern repeats, Venn suggests rules you can implement. Your most common decisions are now automated.
Frequently asked questions
Everything you need to know about the product and billing.
The best business bank account in Canada depends on what your business needs. For most Canadian businesses, Venn offers the strongest combination: $0 monthly fees, 2% interest on CAD and USD balances, 1% cashback on all card spend, free Interac transfers, and CDIC insurance through Bank of Montreal — all in one account you can open online in less than 10 minutes.
Venn is a financial technology company, not a chartered bank. Your account balances are held at accredited financial institutions and your USD and CAD funds are both CDIC-protected up to $100,000 each, just like any other major bank. See full terms here.
Correct. The Essentials plan is $0 per month, forever. There is no minimum balance required. The only costs are the FX rate (from 0.25%) when you convert currencies, and $6 to $10 for international SWIFT wires. ACH, EFT, and Interac transfers are free.
Venn pays 2% annual interest on your CAD and USD balances. Interest is calculated daily on your full balance and deposited monthly. No minimum balance required, no tiers. It starts earning from day one.
Yes. Most businesses open a Venn account alongside their existing bank and gradually move more activity over. You can also use Venn as your only business account. Either way works and the transition takes minutes.
Most businesses are approved the same day. The application takes under 5 minutes online — no branch visit, no paperwork. Once approved, you can fund your account and issue cards the same day.
Yes. Venn syncs directly with QuickBooks and Xero. Transactions are automatically categorised, receipts matched by SMS or email, and your books stay current without manual entry.




.webp)










.png)






.png)
.png)

.webp)

.png)











.png)
.png)

















.avif)
