V

Venn

Business banking platform with virtual cards

Senior Product Manager

Full-Time
No salary listed
Mid, Senior
Toronto, ON, Canada
In Person
ProductProduct Management

About the job

Requirements
  • At least 4 years of product management experience, including successfully taking technical products from concept to launch.
  • A strong analytical mindset and a deep understanding of using data and experimentation to drive decisions.
  • Experience navigating complex trade-offs and prioritizing effectively in fast-moving environments.
  • Ability to collaborate with diverse stakeholders and large cross-functional teams.
  • Clear and confident written and verbal communication skills.
Responsibilities
  • Drive the creation of exceptional products and user experiences by blending business insight, creative product thinking, and technical know-how.
  • Shape the product roadmap and future of the product, providing direction and input across product and design decisions.
  • Expand and enhance core product capabilities to help companies better manage their finances.
  • Use data, experimentation, and real customer feedback to continuously refine and evolve the product.
  • Work closely with engineering, design, and go-to-market teams to ensure high-quality delivery.
  • Shape the overall vision, strategy, and operational processes that will scale product management as the company grows.
Desired Qualifications
  • Experience at an early-stage or fast-growing startup.
  • Experience at a fintech.

About the company

Vault is a business banking platform for small businesses. It lets you manage money online with features like issuing virtual cards, making transfers without fees, and having higher spending limits. You can pay bills and handle corporate expenses from one dashboard. The service uses a simple, paperless signup that takes about five minutes. Money kept with Vault is insured up to $100,000, and there’s 1% cashback on bill payments made with the Vault card. It also offers multi-level payment approvals and secure, transparent transactions with no overdrafts or minimum balances. Revenue comes from transaction fees and value-added services. Vault’s goal is to give small business owners a straightforward, efficient way to run their finances with clear terms and fewer hassles compared to traditional banks.

Company Size

11-50

Company Stage

Series A

Total Funding

$26.8M

Headquarters

Toronto, Canada

Founded

2008

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Simplify's Take

What believers are saying

  • Venn said on 2026-04-30 it powered over 10,000 businesses across Canada.
  • Venn’s 2026 promotions include up to 3.5% interest and free local transfers.
  • The February 2025 $21.5 million Series A from Left Lane Capital funds expansion.

What critics are saying

  • Venn excludes Quebec, shrinking its Canadian addressable market and slowing nationwide brand dominance.
  • Customer complaints cite account closures, withdrawal friction, and four-month fraud resolution timelines.
  • A PSP dependency or compliance failure could freeze balances and destroy trust overnight.

What makes Venn unique

  • Venn bundles CAD, USD, GBP, and EUR business banking with spend controls.
  • Venn issues virtual cards in under ten seconds with 1% cashback and limits.
  • Venn sells one platform for transfers, AP automation, receipts, and QuickBooks/Xero sync.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Company Equity

Growth & Insights and Company News

Headcount

6 month growth

-18%

1 year growth

0%

2 year growth

15%
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FinTech Futures
Mar 3rd, 2025
Canadian business banking platform Vault rebrands to Venn, raises $21.5m Series A

Vault, a business banking platform based in Toronto, Canada, has raised $21.5 million in a Series A funding round, and has rebranded to Venn.

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Tech News | American Press Technology News

Venn, the all-in-one financial platform built for Canadian businesses, has raised $21.5 million in a Series A funding round led by Left Lane Capital,

BetaKit
Feb 26th, 2025
Vault rebrands to Venn following $21.5-million Series A round

Toronto-based FinTech startup Vault has received a new deposit of $21.5 million CAD in Series A and locked down a new name: Venn.