Full-Time
Senior Backend Engineer
Posted on 5/2/2026
Venn
11-50 employees
Business banking platform with virtual cards
No salary listed
Toronto, ON, Canada
In Person
 Software Engineering (1) |
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- Experience in building, scaling, and supporting production-ready products from scratch.
- 5+ years of professional experience with Java.
- 6+ years of experience in backend development.
- Quick learner with an ambitious and results-driven personality.
- Excellent communication and organizational skills.
- Entrepreneurial spirit, as you'll be joining on the ground floor and building the business.
- Leading the development of financial services products (transfers, cards, lending, etc.) from the ground up and ensuring that the systems are production-ready.
- Collaborate with other teams (product, sales, operations) to understand and solve our customers’ pain points.
- Integrating with banking partners, third-party APIs to enable features like virtual cards, international money transfers, and accurately track financial data and make payments.
- Operating very independently and working directly with product owners, leveraging experience in shipping products in a fast-paced environment like an early-stage startup.
- Experience at an early-stage or fast-growing startup.
- Experience at a fintech.
- Familiarity with payment products (card issuing, money transfers, credit, etc.).
- Side projects you’re happy to show off.
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
Simplify's Take
What believers are saying
- Raised $21.5 million CAD Series A led by Left Lane Capital.
- Rebranded from Vault to Venn targeting Toronto-based fintech growth.
- Delivers seamless transfers, higher spending limits, and $100k insured funds.
What critics are saying
- BYOD security firm venn.com dominates SEO, diluting fintech traffic now.
- Shopify Balance captures SMBs with tailored fee-free banking in 6 months.
- OSFI probe exposes inadequate $100k insurance versus CDIC $250k in 12 months.
What makes Venn unique
- Venn provides fee-free business banking with virtual cards for Canadian SMBs.
- Offers 1% cashback on bill payments and multi-level payment approvals.
- Quick five-minute paperless application simplifies small business onboarding.
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6 month growth
↑ 42%1 year growth
↑ 42%2 year growth
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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.
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,
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.