Toronto-based fintech Chexy has secured $14 million in Series A funding led by Khosla Ventures, with participation from Air Canada. The company enables Canadians to earn rewards on essential payments such as rent, taxes, and bills—areas traditionally excluded from credit card programs. Chief executive Liza Akhvledziani Carew said the platform unlocks value from non-discretionary spending.
Chexy integrates with partners including Aeroplan and American Express, extending loyalty programs into everyday transactions. Since launching in 2023, the company has grown to over 200,000 users and delivered $35 million in rewards. The funding will support domestic expansion and product development.
Want to know more? Check out the source code on Fintech.ca.