FINTRAC-registered money services businessMSB No. N300204521Verify our registration

Accounts · Payments · Ramps · Cards

Business payments that move at your speed.

Veloflow gives businesses and platforms one account to receive funds on dedicated account details, pay suppliers and payees worldwide, move between dollars and stablecoins, and spend on cards they issue. Registered with FINTRAC.

  • Virtual CAD and USD accounts
  • USDC and USDT on- and off-ramp
  • Card issuing and REST API
New paymentIllustrative example
NSRecipientNorthwind Supply Ltd.Recipient screened
Amount24,850.00$USD
Method
International wire
Reference
INV-2041
Estimated arrival
1–2 business days
Approval
2 of 2 approved
Send payment
Payment deliveredto Northwind Supply Ltd.
FINTRAC MSB number
N300204521
Registered service
Money transferring
Incorporated in
Ontario, Canada
Reply to enquiries
Within one business day

Our services

Six services, one connected account

Receive, pay, convert and spend. Each service works on its own and shares the same account, approvals, reporting and API.

Accounts and payments

Virtual Accounts

Dedicated CAD and USD account details to receive funds in your name.

  • Named CAD and USD account details for your business
  • Sub-accounts for each of your customers
  • Incoming funds matched and credited automatically
Learn more

Business Payments

Pay suppliers, partners and contractors in Canada and abroad.

  • Domestic transfers and international wires
  • Saved recipients, screened before every payment
  • Approval rules for your finance team
Learn more
Payment #VF-30418Illustrative example
NSNorthwind Supply Ltd.INV-204124,850.00 USD
  1. Payment created09:41
  2. Compliance checks passed09:42
  3. Sent to the bank09:58
  4. DeliveredIn progress

Mass Payouts

Pay hundreds of recipients in one batch, by file or API.

  • Upload a file or send a batch through the API
  • Each recipient tracked to delivery
  • One report for the whole batch
Learn more
Payout batchIllustrative example
contractors-november.csv248 recipientsTotal412,380.00 CAD
  • AKA. Kowalski1,850.00Paid
  • MRM. Rahman2,400.00Paid
  • LTL. Tremblay960.00Processing
  • JOJ. Okafor3,125.00In review

Digital assets and cards

On-Ramp

Buy stablecoins and digital assets with Canadian or US dollars.

  • Pay by bank transfer in CAD or USD
  • Assets delivered to the wallet you choose
  • Quote locked before you confirm
Learn more
BuyIllustrative example
You pay1,000.00$CAD
You receive718.68$USDC
Rate
1 USDC = 1.3810 CAD
Fee
7.50 CAD
Network
Ethereum
Quote held for 30 sConfirm purchase

Off-Ramp

Sell digital assets and receive dollars in a bank account.

  • Sell stablecoins at a firm quote
  • Payouts to Canadian and international accounts
  • Status updates at every step
Learn more
SellIllustrative example
You sell500.00₮USDT
You receive686.05$CAD
Rate
1 USDT = 1.3790 CAD
Fee
3.45 CAD
Pay out to
Bank account ••4821
Quote held for 30 sConfirm sale

Card Issuing

Launch prepaid and debit card programs under your brand.

  • Virtual cards in seconds, physical on request
  • Spend limits and controls per card
  • Funded from fiat or converted digital assets
Learn more
Card controlsIllustrative example
Spent this month1,240 / 5,000 CAD
Monthly limit
  • Online paymentsOn
  • Cash withdrawalsOff
  • Gambling merchantsBlocked
  • Freeze cardOff

How it works

From first call to first payment

  1. 01

    Tell us about your business

    Share your use case, expected volumes and the countries you pay to and from.

  2. 02

    Complete onboarding

    We verify your business, its owners and the source of funds, as Canadian AML law requires.

  3. 03

    Add recipients

    Add the people and companies you pay. We screen each one before the first transfer.

  4. 04

    Start paying

    Send payments from the dashboard or the API, with a named contact on our team.

Who we work with

Built for businesses that pay across borders

Talk to our team
  • Importers and exporters

    Pay overseas suppliers on time and keep a clear record of every invoice settled.

  • Marketplaces and platforms

    Pay out sellers, drivers and creators in one batch instead of one transfer at a time.

  • Wallets, exchanges and Web3

    Let users fund and cash out, and turn stablecoin revenue into dollars for payroll and suppliers.

  • Fintechs and card programs

    Issue branded cards and virtual accounts to your users, funded from dollars or digital assets.

Compliance first

Registered in Canada, built for scrutiny

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.

  • Know-your-customer checks for every business and its owners
  • Ongoing transaction monitoring and reporting to FINTRAC
  • Sanctions screening of customers, recipients and wallets
  • Records kept as required by Canadian AML law
FINTRAC · MSBRegistered
MSB registration number
N300204521
Legal name
1001678107 ONTARIO INC.
Registered services
Money transferring
Registered since
September 2026
See our registration

FAQ

Frequently asked questions

Who is behind Veloflow?

Veloflow is a brand of 1001678107 ONTARIO INC., an Ontario corporation registered with FINTRAC as a money services business, registration number N300204521.

Who can open an account?

Businesses that pass our onboarding checks. We verify the company, its directors and beneficial owners, and the source of funds before opening an account.

Is Veloflow a bank?

No. Veloflow is a money services business. Funds are not held as bank deposits and are not covered by CDIC deposit insurance.

How much does it cost?

Pricing depends on your payment volumes and destinations. You see the fee for every payment before you confirm it.

How long does onboarding take?

Once we have your documents, most reviews are completed within a few business days. We tell you straight away if anything else is needed.

Ready to move money the easy way?

Tell us about your business and we will set up the right services for you.