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← Embedded Finance Index 2026/Stories/Chexy
The embedded-finance story

Chexy

2022–2026 in 7 milestones, 5 of them in payments, lending, licences or reported financials.

2022
Founded
Toronto, Ontario, Canada
Headquarters →
$10.2M (Series A, latest deal per PitchBook)
Raised
1
Licences held
● Founded◇ Product◆ Funding■ Partnership○ MilestoneEmbedded finance
2022
● Founded

Chexy founded in Toronto, Ontario, Canada

2023
◇ ProductEmbedded finance

Launched in early 2023 as Canada's first platform enabling renters to pay rent with credit cards and earn rewards.

2024
◆ Funding

Raised $4.1M CAD seed round led by Venrex; expanded to all Canadian provinces and territories.

2025
○ MilestoneEmbedded finance

Expanded beyond rent to full bill payments platform covering utilities, insurance, taxes, tuition, and mortgage payments.

2026
◇ ProductEmbedded finance

Launched Chexy for Business to let SMBs pay suppliers, payroll, taxes and CRA obligations by credit card.

◇ ProductEmbedded finance

Launched Chexy Wallet with interest-bearing balances and Chexy Flex installment payment feature.

■ PartnershipNovEmbedded finance

Partnered with Rogers Bank to offer eligible Rogers Red Mastercard holders up to 3% cash back on qualifying payments made through Chexy from November 11, 2026 to May 10, 2027.

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