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My Beacon

Digital banking for Canadian immigrants

Product Manager

Full-TimeUpdated on 10/20/2026
No salary listed
Mid
Toronto, ON, Canada
HybridFour days in the Toronto office per week; remote flexibility on other days.
ProductProduct Management

About the job

Requirements
  • Three to five years of product management experience in a fast-paced work environment.
  • Experience in fintech, payments, banking, wealth management, or financial services is not required.
  • Comfort working closely with Engineering and Design teams in agile or semi-agile product development processes across time zones and with remote employees in Latin America and India.
  • Basic understanding of APIs, integrations, or platform products.
  • Familiarity with data analysis tools and data extraction using SQL and Metabase.
  • Ability to manage multiple initiatives simultaneously in a fast-paced environment.
  • Collaborative approach that values feedback, continuous improvement, accountability, and ownership.
Responsibilities
  • Own one or more problem spaces, such as Beacon Money Account, remittances, India bill pay, or Beacon Business, and define product outcomes, success metrics, and roadmaps.
  • Write product requirements, user stories, acceptance criteria, and supporting documentation; work with Engineering and Design to clarify requirements and unblock execution; coordinate sprint activities, release readiness, testing, and post-launch monitoring; and track action items to support timely execution across stakeholders.
  • Collaborate with Design, Growth, and Customer Support on go-to-market, positioning, pricing, and lifecycle journeys, ensuring launches have a clear narrative and measurable impact.
  • Use data to prioritize work, define and track key performance indicators, run A/B tests, and iterate based on performance and qualitative feedback; help identify and evaluate new features, products, and partnership opportunities.
  • Monitor competitor offerings and regulatory and market developments in fintech, cross-border payments, and newcomer banking to inform product strategy.
  • Collaborate with banks, payment providers, and fintech partners on product initiatives; oversee integration tasks, issue resolution, and partner deliverables; and contribute to partner selection, implementation, and ongoing relationship management.
Desired Qualifications
  • Experience in fintech, payments, banking, wealth management, or financial services.
  • Strong analytical and problem-solving skills to identify areas for improvement after product launches, with attention to detail and strong follow-through.
  • Comfort with ambiguity and zero-to-one building, startup speed, constraints, and wearing multiple hats.
  • Experience working with operationally intensive products.
  • Preference for autonomy while seeking guidance when needed.
  • Experience using AI tools to improve productivity, analysis, or product workflows.

About the company

My Beacon provides financial services tailored for immigrants in Canada through the My Beacon mobile app, acting as a centralized platform for banking and settlement needs. Its main offering is the Beacon Money account, a digital wallet that supports daily spending and lets users withdraw cash at any VISA-enabled ATM worldwide without Beacon fees. It also offers Beacon Remit, an RBI-approved platform for international money transfers, and Beacon Planning Lists to guide users through immigration and settlement steps. The company uses a direct-to-consumer model and forms strategic partnerships (for example with Wellconnect Services Inc.) to broaden its reach and integrate financial services into the broader newcomer support ecosystem. In short, My Beacon aims to simplify banking, remittance, and settlement for newcomers by providing convenient digital tools and a supportive network.

Company Size

11-50

Company Stage

Early VC

Total Funding

$23.9M

Headquarters

Canada

Founded

2023

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Simplify's Take

What believers are saying

  • September 2026: Beacon raised $20 million after doubling users in seven days.
  • October 2026 app updates expanded UPI, India bill pay, and direct deposit features.
  • Beacon serves a large immigrant market with repeat payments, payroll, and family remittances.

What critics are saying

  • Beacon depends on India-Canada rails like UPI, NPCI, and RBI approvals.
  • Remitly, Wise, and Western Union can outspend Beacon on acquisition and trust.
  • A Bank of Canada, FINTRAC, or RBI enforcement action would cripple Beacon's core flows.

What makes My Beacon unique

  • Beacon bundles pre-arrival banking, remittance, and bill pay for Canada-India newcomers.
  • September 2026 product pages claim 150,000 users and transfers under 60 seconds.
  • Deloitte Canada and BMO partnerships give Beacon distribution and institutional credibility.

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Benefits

  • Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

13%

2 year growth

8%
Fintech.ca
Sep 9th, 2026
Beacon Raises $20 Million After Doubling Users in Seven Days | Fintech.ca

Toronto-based fintech Beacon has closed an oversubscribed $20 million financing round as it looks to expand its cross-border financial services between Canada and India. The round was led by Beacon’s existing investors, with participation from new backers. Beacon says it doubled its user base in just seven days while spending only $11,000 on advertising, helping […]

Business Wire
May 23rd, 2024
Beacon Launches with CAD $5.25M Seed Round to Develop Purpose-Built Super App Supporting Canadian Immigrant Journey

Beacon, a new solution built to facilitate smooth transitions for immigrants relocating to Canada, has completed a CAD $5.25 million seed round and of

BetaKit
May 22nd, 2024
Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon

Toronto and Montréal-based FinTech startup Beacon has emerged from stealth, announced $5.25 million CAD in previously undisclosed seed funding, and launched the first iteration of its planned 'super app' for Canadian immigrants.