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Beacon

5300 Yonge Street, Suite 205, Toronto, Ontario, M2N 5R2, Canada

Overview

Beacon launched in the Canadian market with a mission to simplify the immigration journey by delivering resources, guides and financial products through a single Super App. The company’s initial product is a pre-arrival solution focused on supporting an immigrant’s first 100 days in Canada, providing relevant content, customized digital information and checklists. Beacon says the app is available globally to immigrants relocating to Canada and was built so users can build their futures confidently. The product roadmap includes Beacon Money, a forthcoming set of purpose-built everyday financial solutions tailored to immigrants’ needs. Beacon was founded in 2023 by Stuart Szabo and Aditya Mhatre and operates from Toronto and Montreal. The company recently completed a CAD $5.25 million seed round to accelerate development of the Super App and its financial offerings.

Total raised
$4M
Funding rounds
1
Latest round
Seed
Latest activity
May 2024

Industries

  • Apps
  • Financial Services
  • FinTech
  • Software
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Recent funding

  1. Seed

    May 2024

    $4M

Team

  • Stuart Szabo

    CEO & Co-Founder

    LinkedIn
  • Aditya Mhatre

    Co-Founder, Chief Product & Technology Officer

    LinkedIn
  • Michael Shin

    Chief Compliance Officer

    LinkedIn