Venn vs.
The Big Banks
Venn offers better rates and modern banking—all online.
The Big Banks may provide traditional business banking, but they can’t match Venn's transparency, flexibility, and savings. Enjoy 1% cashback, no monthly fees, and the best FX rates with multi-currency accounts. Experience the future of business banking - get started for free.
4.8
trusted by 4,000+ Canadian businesses

Supporting Canadian companies
Banking that actually works for Canadian businesses
Send, spend, and save—Venn provides smarter business banking for Canadians
Free Multi-Currency Accounts for Your Business
Set up accounts in CAD, USD, GBP and EUR in minutes. Send local payments (e.g., EFT, ACH) for free.

Competitive FX Rates and Instant Global Payments
Send global transfers to 180+ countries in under 48 hours with the best FX rates.

Corporate Cards for Your Team With Unlimited 1% Cashback
Get 1% cashback on all spend with no minimum requirements. Manage team expenses in one place.

No Hidden Fees, Delays, or Visits to the Branch
Get started in minutes with no account opening fees, no hidden FX markups, and no branch visits.

Physical corporate cards
Venn
The Big Banks
Virtual corporate cards
Venn
The Big Banks
Free accounts with no minimums
Venn
The Big Banks
CAD, USD, GBP & EUR accounts
Venn
The Big Banks
Spend controls
Venn
The Big Banks
Automatic receipt collection
Venn
The Big Banks
Expense management software
Venn
The Big Banks
Simplified Accounting Software Integration
Venn
The Big Banks
Required branch visits
Venn
The Big Banks
Sign up online in 5 minutes
"We live in Europe and had no way of visiting the branch for simple things like creating corporate cards, but Venn has revamped our expense management, allowing us to focus on our clients as we expand to Canada."
— Jasper Beirens
Head of Finance, Alan


Compare Venn vs.
The Big Banks
Multi-currency corporate cards
Vault
The Big Banks
Virtual corporate cards
Vault
The Big Banks
CAD, USD, GBP & EUR accounts
Vault
The Big Banks
Expense management software
Vault
The Big Banks
Spend controls
Vault
The Big Banks
Automated payables
Vault
The Big Banks
Market leading FX
Vault
The Big Banks
Invoicing
Vault
The Big Banks
Built by Canadians for Canadians
Vault
The Big Banks
Streamline your banking with one platform
Here's what you can get done with Venn in just 7 days
Pay global vendors and employees globally, at rates you can’t beat. Forget about high fees and in-branch visits just to send a $10,000 transfer. Skip the line, join the revolution.
Get StartedGet started.
Sign up for an account in < 5 minutes
Link your account
Let us do the hard work
Get comfortable.
Setup up expense management
Set up approvals and controls
Issue cards to employees
Ask why you didn't switch years ago.
Move 100% of business spend to Venn
Eliminate legacy tools and make your team 5x more efficient
Close your books faster
“Venn's solution clearly differentiates from that of major banks and credit card companies in its speed, cost, and operational simplicity. Venn's product and customer service is substantially ahead of the competition.”
— Tonny Lam
CEO, Hook + Ladder Digital
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Frequently asked questions
Everything you need to know about the product and billing.
Venn is the cheapest and easiest way to manage your business banking needs. We offer the best currency exchange rates in Canada, chequing accounts in multiple currencies, domestic and international bank transfers, and a corporate Mastercard to manage all your spend. By signing up to Venn you automatically get:
- Accounts in Canadian dollars, US dollars, British pounds, and Euros
- The cheapest FX rates in Canada with free domestic transfers (EFT, ACH, SEPA, FPS)
- A Mastercard Corporate card that gets you the same great FX rates and cashback with no minimum spend requirements
No, we don’t have any hidden fees! All charges, including currency conversion and premium plans, are clear and transparent. You can even issue unlimited corporate cards to your team and sign up with a free plan in minutes! Learn more about our transparent Pricing.
Nope! Other companies and traditional bank accounts have high minimum balance requirements. This makes accounts inaccessible for small businesses or individuals. Venn does not require a minimum balance.
Our process is quick — Customers typically get set up in 5 minutes or less! Create a free account and start saving with no monthly fees, cashback on card spend, and the best FX rates around.
Of course! Our friendly Support specialists are available via Chat or Email 24 hours a day, 7 days a week, 365 days a year. All tickets are monitored and responded to within 24 hours, with an average response time of 30 minutes.
Yes, we have a direct integration with QBO and Xero. We are working on more integrations very soon!
Join 4,000+ businesses banking with Venn today
Streamline your business banking and save on your spend and transfers today
No personal credit check or guarantee.
