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Vault logo — Better Canadian business banking

Vault

Better Canadian business banking

Founded 2021 Canada Toronto, Canada 23 employees Seed Total: $5.00M Finance, Financial Services +1

General Information

Company Name Vault
Founded Year 2021
Location Canada Toronto, Canada
Employees 23
Industries Finance, Financial Services, Banking
Funding Stage Seed
Social

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About Vault

Vault is a Canadian startup with a compelling mission to provide "Better business banking." Founded in 2021, the company is focused on addressing the specific needs of Canadian businesses by offering freedom, trust, and support, especially in the early stages. Their innovative approach involves revolutionizing traditional banking by providing an all-in-one business account that can be set up in less than 5 minutes, without the need to visit a physical branch. This aligns with their goal of enabling business owners to focus on their operations rather than account management. As of 16 May 2023, the company secured a significant $5.00M Seed Round investment from notable investors including Fin Capital, The Fintech Fund, Gradient Ventures, and Thirdbase Capital, signifying the confidence these established players have in Vault's potential. With its focus on the Finance, Financial Services, and Banking industries, Vault is poised to make a significant impact on the Canadian business banking sector.

Business keywords: Canadian business banking, Business account management, Multi-currency banking, Online banking, Business support, Quick setup account, Currency exchange, International bank transfers, Corporate Mastercard, Financial technology, Digital banking, Business finance, Entrepreneurship support

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.00M 4
Fin Capital The Fintech Fund Gradient Ventures
Fin Capital, The Fintech Fund +2
16 May 2023

Vault Alternatives & Competitors

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Vault vs
Bankz
Bankz United Kingdom

Bankz Banking Network enables you to manage your business finances seamlessly and efficiently.

6 employees
Financial Services, Banking
Compare Vault vs Bankz
Vault vs
Mettle
Mettle United Kingdom

The mobile business account by NatWest designed to keep you moving. Less admin. More living.

195 employees
Financial Services, Fintech
Vault vs
Mercury Global
Mercury Global United Kingdom

Mercury accounts can hold 40+ currencies, allowing you or your business to transact effortlessly acr...

30 employees
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FAQ About Vault

Better Canadian business banking
Vault was founded in 2021.
Vault is headquartered in Toronto, Canada.
Vault operates in Finance, Financial Services and Banking. Its work centres on Canadian business banking, Business account management, Multi-currency banking and Online banking.
Vault has approximately 23 employees.
Vault has completed 1 funding round, raising a total of $5.00M. The latest funding stage is Seed.
Top alternatives and competitors to Vault include Bankz, Mettle, Mercury Global, eCREDO, WireBloom. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vault and Bankz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Vault, https://bouncewatch.com/company/vault-2, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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