Today, more than 15,000 businesses use Venn as their banking platform.
We met Ahmed at Venn’s office in downtown Toronto to hear his story and learn how he thinks AI will change Canadian banking for the better.
The key takeaway: the easier it is for entrepreneurs to interact with their finances, the more likely they are to stay business-owners or start companies in the first place.
Too many Canadian founders walk away as a result of the operational headaches associated with running a business.
To get Canada to a culture of entrepreneurship, the business banking experience needs to be much simpler. That’s what Venn is trying to solve for.
In the episode we also cover:
How AI is impacting the job market
Watching his parents start over as doctors in Canada
Why control over AI infrastructure matters
What Canada could look like in 5 years
And what it’s like leading Venn… what growth hacks and AI platforms are they using?
Watch the full episode now on YouTube or listen on Spotify or Apple Podcasts.

BUILDING THE NORTH
How AI changes Canadian banking with Venn Co-Founder Ahmed Shafik | Building The North ep 002
If you missed the first episode of Building The North with Build Canada CEO Lucy Hargreaves, you can catch up now on any of our platforms.