Toronto-based fintech Vault has added Interac e-Transfer payments to its platform, responding to demand from Canadian small businesses. The feature complements Vault’s existing offerings, which include multi-currency accounts, global transfers, and automated accounting. Co-founder Ahmed Shafik highlighted the importance of listening to customers, stating that many small business owners prefer Interac for its convenience.
Founded in 2021, Vault aims to modernize financial services for Canadian SMEs, inspired by the outdated banking experiences of its founders’ families. Vault also integrates with QBO and Xero, with plans for more integrations. This move strengthens Vault’s position as a comprehensive digital financial platform.
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