Business payments built for growing teams
Veloflow gives Canadian and international businesses one account to pay suppliers, run payouts and collect incoming payments, with every transfer screened, tracked and reported. Registered with FINTRAC.
Our services
Pay the people you work with, pay many of them at once, and get paid. Each service works on its own and shares the same account, approvals, reporting and API.
Pay suppliers, partners and contractors in Canada and abroad.
Pay hundreds of recipients in one batch, by file or API.
Receive payments from customers and partners, matched to your invoices.
How it works
Share your use case, expected volumes and the countries you pay to and from.
We verify your business, its owners and the source of funds, as Canadian AML law requires.
Add the people and companies you pay. We screen each one before the first transfer.
Send payments from the dashboard or the API, with a named contact on our team.
Pay overseas suppliers on time and keep a clear record of every invoice settled.
Pay out sellers, drivers and creators in one batch instead of one transfer at a time.
Pay contractors and freelancers in Canada and abroad, with references they recognise.
Move funds between your own accounts and partners with approvals and an audit trail.
Compliance first
Veloflow is operated by an Ontario corporation registered with FINTRAC, Canada’s financial intelligence unit, as a money services business. Our compliance program covers identity verification, transaction monitoring, record keeping and reporting.
FAQ
Veloflow is a brand of 1001678107 ONTARIO INC., an Ontario corporation registered with FINTRAC as a money services business, registration number N300204521.
Businesses that pass our onboarding checks. We verify the company, its directors and beneficial owners, and the source of funds before opening an account.
No. Veloflow is a money services business. Funds are not held as bank deposits and are not covered by CDIC deposit insurance.
Pricing depends on your payment volumes and destinations. You see the fee for every payment before you confirm it.
Once we have your documents, most reviews are completed within a few business days. We tell you straight away if anything else is needed.
Tell us about your business and we will set up the right services for you.