Ahmed Shafik’s Post

Super excited for our upcoming dinner party on July 30 at one of King West’s most luxurious spots! Humi and Vault are gathering 30 of Toronto’s top industry leaders and Founders for a relaxed evening of cocktails, food and most importantly, memorable conversations. Spots have been going fast so be sure to RSVP here if you want to join us! (https://lu.ma/xerp3sdz)

After countless demos, one thing is clear: managing multiple cards for CAD and USD is the norm. Traveling to the US for a conference? Don’t forget your USD card. Heading to Vancouver? Better have your CAD card ready. Otherwise you’re paying 1.5-3% in FX fees. From the start, we’ve been determined to break this norm. At Vault, we’ve built all our products to be multi-currency by design to eliminate the hassle. With our multi-currency card, you can spend in any currency without the worry of FX fees. We automatically route your spend to the correct account. One card, many currencies.

Many Canadians are misled by US Dollar accounts offered in Canada, thinking they’re getting a true USD account with full payment functionality. In reality, these accounts lack crucial features. No access to local payment transfers such as ACH or Fedwire means higher fees and delayed payments since they're processed as cross-border transactions. With Vault, you get a US Dollar account in the US, empowering your business to operate globally as if it were local. It’s time to gain access to the essential features you need.

The Vault team is expanding and we're looking to hire a rockstar for our Customer & Payment Operations role. If you're interested in the role, feel free to DM me. If you know someone who might be a good fit, tag them below!

Love seeing this unsolicited customer love from Steve Collette and the East Brands team 🚀 Check them out if you’re a Franchise System, or a business looking to expand through the Franchise Industry!

Thousands of Canadian businesses manage their entire finances on Vault — whether it’s bank transfers to your vendors, corporate card spend, or FX, we’ve got them covered Now it’s time to 10x their experience 🚀