Brim Financial

Brim Financial is a Toronto-based cards and payments platform-as-a-service founded in 2016 by Rasha Katabi. It sells to banks, credit unions, fintechs, non-bank lenders and consumer brands that want to run card and payment programmes without rebuilding issuing, servicing and loyalty infrastructure. Brim is itself a licensed credit card issuer in North America and is certified on both the Visa and Mastercard networks, so a client can launch on Brim’s licence or its own.

The platform covers credit, debit, prepaid and secured card issuing, BNPL, rewards and loyalty, commercial and employee card portals, cross-border payments, ACH and real-time payments. In January 2026 Brim joined Payments Canada and launched Payments as a Service, extending the platform into multi-rail money movement for banks, fintechs and merchants. Named clients include Laurentian Bank, Canadian Western Bank, Manulife Bank, Affinity Credit Union, Zolve, PayFacto and Air France-KLM. Brim closed an $85 million Series C in December 2025 led by EDC Investments with Vistara Growth.

1. Card issuing: credit, debit, prepaid and secured programmes run on Brim's own North American issuing licence.

2. Dual network certification: certified on both the Visa and Mastercard networks.

3. Payments as a Service: launched January 2026 alongside Payments Canada membership, covering real-time multi-rail money movement.

4. Loyalty and BNPL: configurable rewards, merchant offers and instalment products on the same platform.

5. Commercial: business and employee card portals with spend controls and enterprise workflows.

6. Deployment: card programmes launched in 8 to 10 weeks; clients include Laurentian Bank and Canadian Western Bank.