Beacon Launches Canada’s First Purpose-Built Wallet for Immigrants to Canada
Beacon, a company reinventing financial services for immigrants to Canada, proudly announces the launch of Beacon Money. With an open waitlist today and launching publicly in January 2025, Beacon Money allows immigrants from around the world to open, fund and use Beacon Money within the Beacon Super App prior to their arrival, and then for […]
Fintech.ca: Beacon Launches Digital Wallet for Immigrants Starting New Lives in Canada
Toronto’s Beacon has unveiled Beacon Money, a digital wallet designed to empower immigrants as they transition to life in Canada. This addition to the MyBeacon Super App aims to simplify financial integration for newcomers, enabling them to confidently prepare for their journey and thrive upon arrival. Scheduled for public launch in January 2025, Beacon Money offers immigrants from around the globe the […]
Canadian Immigrant: Aditya Mhatre is empowering immigrants in their financial journey in Canada
Aditya Mhatre’s journey from a small town in India to a successful entrepreneur in Canada illustrates his resilience, adaptability, and commitment to making an impact. Initially inspired by a family computer, Mhatre’s curiosity for technology led him from India to Belgium as an exchange student, where he experienced the ease of European borders and developed […]
The Star: Aditya Mhatre is empowering immigrants on their financial journeys in Canada
Aditya Mhatre admits that, growing up, he wasn’t considered the smartest person in the family when it came to academics, so expectations weren’t high. He grew up in the 1990s in the idyllic environs of Panvel, a small, bustling town in the western part of India known for its lush, pristine greenery and diverse population […]
Authority Magazine: Aditya Mhatre Of Beacon On The 5 Things You Need To Know To Create a Successful App
Aditya Mhatre is the Co-Founder and CPTO of Beacon, leveraging his vast experience in product development and fintech to improve the immigrant experience in Canada. With a background that includes pivotal roles at Reliance Jio, Paytm and PayPay in Japan, Aditya combines his professional expertise with his personal immigration journey to drive innovation at Beacon. […]
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 […]
