BetaKit: Beacon launches remittance solution to help Canadian newcomers receive money from India
Toronto and Montréal-based FinTech startup Beacon has launched its first financial product, a remittance tool designed to help newcomers to Canada receive money from India. The startup, which emerged from stealth in May, plans to eventually build a “super app” specifically for immigrants in Canada. According to a statement, the new remittance product, called Beacon Remit, allows users to […]
Fintech.ca: Beacon Remit Revolutionizes Money Transfers for Indian Immigrants in Canada with Streamlined App Solution
Getting money out of India is quite difficult. It involves long wait times, expensive fees, and complex regulatory requirements. With an influx of new permanent residents to Canada over the next several years, many of them from India, this system needs a serious reboot. The solution: Beacon Remit. Beacon Remit, part of the Beacon Super App, […]
Made in CA: Empowering Immigrants To Confidently Build Their Futures in Canada
Getting money out of India is quite difficult. It involves long wait times, expensive fees, and complex regulatory requirements. With an influx of new permanent residents to Canada over the next several years, many of them from India, this system needs a serious reboot. The solution: Beacon Remit. Beacon Remit, part of the Beacon Super App, […]
BetaKit: Paytm, PSP Investments alumni announce $5.25 million to build a super app for Canadian immigrants called Beacon
oronto and Montréal-based FinTech startup Beacon has emerged from stealth, announced $5.25 million CAD in previously undisclosed seed funding, and launched the first iteration of its planned ‘super app’ for Canadian immigrants. Beacon was founded last year by CEO Stuart Szabo and chief product and technology officer Aditya Mhatre, former leaders at Canada’s Public Sector Pension Investment […]
Fintech Global: Beacon launches to ease Canadian immigrant transitions
Beacon, a Toronto and Montreal-based startup, has officially launched in the Canadian market with a CAD $5.25m seed funding round. The company, founded by Stuart Szabo and Aditya Mhatre in 2023, aims to simplify the process for immigrants settling in Canada through its innovative Super App. The seed funding was backed by notable Canadian investors, including […]
