Venn is regulated by FINTRAC and is registered as a Money Services Business (MSB) under registration number M22941967.
To ensure the highest level of security and compliance, Venn only partners with regulated Tier 1 banks and licensed payment providers to offer account and payment services. All our partners follow strict safeguarding practices in their respective markets.
In Canada, Venn partners with Mastercard, Payments Canada, Peoples Group, and Digital Commerce Bank. Both Peoples Group and Digital Commerce Bank are federally regulated financial institutions.
In the U.S., Venn works with Community Federal Savings Bank, a federally regulated and licensed financial institution.
In Europe and the UK, Venn partners with CurrencyCloud and Barclays, both of which are regulated and hold banking licenses in their respective markets.
By working exclusively with trusted, regulated financial institutions, Venn ensures that your funds are handled securely and in compliance across local and global financial regulations.