TIB Finance

What TIB Finance does

TIB Finance is a Canadian payment-processing platform headquartered in Montreal (Quebec) that automates customer collections and supplier payments for small and mid-sized businesses. Its multi-tenant SaaS platform unifies credit cards (interchange-plus pricing), ACH/EFT, Interac e-Transfer, Pre-Authorized Debits (PAD), and instant deposits behind a REST API, with white-label capabilities, a JavaScript drop-in iFrame, and SDKs in .NET, PHP, Python, Node.js, and JavaScript. Differentiated technical components include a multi-tenant sub-client architecture with per-merchant isolation, Payment Flow 5 (stored credentials enabling fully automated charges without customer interaction), bulk ACP file processing for hundreds-to-thousands of transactions per upload, and PCI DSS Level 1 certification with AES-256 payload encryption.

The company monetises through a hybrid model: a $25 monthly platform access fee, a flat per-transaction fee starting at $0.25 for bank payments (volume-tiered), interchange-plus pricing on credit cards, and transaction or service fees on adjacent products (Instant Bank Account Verification, PAD Consent Collection, Payment Confidential Information Collection, Instant Deposits). The go-to-market is product-led and dual-track: a self-serve merchant portal with autoboarding in under 24 hours serves SMBs, while an API-first motion with a free sandbox and developer portal targets SaaS platforms and enterprises that embed TIB as payments infrastructure. Distribution combines SEO-driven educational content, Calendly-driven inside-sales demos, and white-label/OEM partnerships.

TIB Finance reports $600M+ in annual payment volume, 200,000+ monthly transactions, and 1,000+ businesses across 13+ verticals including real estate, insurance, schools, healthcare, fitness, loan companies, daycare, retirement homes, ISPs, non-profits, platform developers, government, and staffing agencies. Operations span Canada (primary), the United States, and Mexico, with stated plans for European expansion. Founded in 2018 (firmographics data; one source lists 2020), the company is privately held with no disclosed institutional investors, funding rounds, parent entity, or public financial filings.

Name

TIB Finance

Legal name

TIB Finance

Website

https://tib.finance

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

TIB Finance is a Canadian payment-processing platform that automates credit card, ACH/EFT, Interac, and PAD collections for SMBs across 13+ verticals, combining a self-serve merchant portal with an API-first, white-label, multi-tenant architecture for SaaS platforms.

Ownership category

akta.pro rank

Product category

Payment Processing Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)

akta.pro secondary industries

Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ), A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB), Cross-Border & FX Payments Platforms (BPAMAFAK), A2A Reconciliation, Reporting & Treasury Ops (FSAMAFAJ)

Keywords

• Payment processing platform
• ACH EFT processing
• Multi-tenant payments
• White-label payments
• Automated collections

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Payment Processing Fees - Bank Payments: Flat fee per EFT/PAD transaction starting at $0.25 based on transaction volume. Same flat fee regardless of transaction amount (a $500 payment costs the same as a $50,000 payment).
2. Credit Card Processing: Interchange-plus (IC+) pricing model with transparent pass-through of actual interchange rates plus fixed markup. Credit card fees vary by card type (debit, standard credit, premium rewards).
3. Monthly Platform Access Fee: $25 per month access fee for platform services. No setup fees or long-term contract requirements.
4. Specialized Services: Additional services including PAD consent collection service, instant bank account verification (IBV), payment confidential information collection, and email instant payment service.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

TIB Finance provides an intelligent payment processing platform that automates customer collections and supplier payments for Canadian businesses. The platform unifies credit cards, ACH/EFT, Interac e-Transfer, Pre-Authorized Debits (PAD), and instant deposits behind a single REST API, white-label payment pages, and a multi-tenant merchant portal. It serves 1,000+ businesses across 13+ industries, processing $600M+ annually and 200,000+ monthly transactions.

Product overview

TIB Finance is an intelligent payment platform for Canadian businesses offering a unified platform for automated payment collections and disbursements. The core platform processes $600M+ annually across credit cards, bank transfers (EFT/ACH), Interac e-Transfer, and instant deposits. The product portfolio includes: the core TIB Finance Payment Platform, Automatic Recurring Payments (using PAD for bank debits), Bulk Payments & Transfers (ACP file processing), Multi-Tenant Platform (for SaaS/platform developers to build sub-client payment environments), White-Label Payment Pages (brandable checkout), TIB Drop-In (JavaScript iFrame library), Instant Bank Account Verification, PAD Consent Collection Service, Payment Confidential Information Collection Service, SDKs for .NET/PHP/Python/Node.js/JavaScript, Instant Deposits, and Real-Time Reporting & Dashboard. The platform serves 13+ industries including Real Estate, Insurance, Schools, Healthcare, Fitness, Loan Companies, Daycare, Retirement Homes, ISPs, Non-Profits, Platform Developers, Government, and Staffing Agencies.

Differentiator

Problem solved

Functional benefit

Products and services

• TIB Finance Payment Platform

Quantifiable outcome

• Reduce late payments by 25%
• +4 more outcomes

Named customers4 records

Segments13 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature7 records

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Moneris: Moneris is the largest Canadian-headquartered payment processor, serving SMBs and mid-market merchants with credit card, debit, EFT, and PAD processing. It is the most direct domestic competitor to TIB in the Canadian SMB market, with overlapping verticals including real estate, education, and government.
• Plooto: Plooto is a Canadian B2B payment automation platform focused on accounts payable and receivable automation with EFT/ACH processing. It directly competes with TIB in the Canadian B2B collections and payment automation market with similar target verticals.
• Helcim: Helcim is a Calgary-based Canadian payment processor offering interchange-plus pricing, ACH/EFT processing, and an API/developer platform for SMBs. It directly competes with TIB on transparent pricing, Canadian SMB focus, and developer-friendly integrations.

Broad incumbents

• Stripe: Stripe is the dominant global API-first payment processor with a multi-tenant Connect platform supporting embedded payments and white-labeling. It is the most direct comparator to TIB's platform developer and multi-tenant offering, though it operates at vastly larger scale and broader geographic reach.
• Square (Block): Square, part of Block, is a global SMB payment processor with API and developer platform offerings as well as white-label capabilities. It overlaps with TIB in SMB card processing and platform developer segments, though it is far broader in scope and resources.
• Paysafe: Paysafe is a global payment processor with significant presence in SMB, e-commerce, and integrated payment verticals. It overlaps with TIB in card processing, ACH/EFT, and recurring payment capabilities for SMBs and platforms.
• Adyen: Adyen is a global enterprise payment platform offering unified card, ACH, and alternative payment method processing with multi-currency support. It is comparable to TIB's API-first, multi-method platform approach at the enterprise end of the market.
• Checkout.com: Checkout.com is a global payment processor with API-first architecture and multi-method processing for merchants and platforms. It competes with TIB in the platform developer and SaaS embedded payments space.
• PayPal: PayPal operates Braintree, a developer-first payment processing platform with multi-tenant capabilities, alongside its consumer and SMB offerings. It is comparable to TIB in platform/SaaS payment integration segments.

Emerging players

• Dwolla: Dwolla is a US-based API platform for ACH bank-to-bank transfers and account-to-account payments. It is comparable to TIB's PAD/EFT A2A payment initiation capabilities, though it focuses on the US market and lacks the broader card processing stack.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• GitHubgithub.com/TibFinance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TIB Finance