How HotTakes Eliminated Hundreds in Fees with Venn's QBO Integration

Company Name: HotTakes

Contact: Kevin Jing - Co-Founder & CFO
Location: Toronto, Ontario
Founded: 2021

How HotTakes Eliminated Hundreds in Fees with Venn's QBO Integration

About HotTakes

HotTakes is a free sports gaming platform where users connect, compete, and win real money prizes—without spending a dime. Focused on user experience and community, the app creates an engaging environment for sports enthusiasts. As one user puts it, "Unreal app, literally don’t spend a dime out of my pocket and I can win prizes." The app monetizes through affiliate revenues with real-money operators.

The Problem

Managing financial operations efficiently was a growing challenge for HotTakes. The company was spending hundreds of dollars monthly on e-transfer fees, cutting into its bottom line. Additionally, operating in Canada while using USD software led to costly foreign exchange fees, further straining their budget. On top of that, managing financial access for team members was inefficient and risky.

Kevin Jing, Co-Founder & CFO, shared his frustration:
"Before Venn, we were throwing away money on e-transfer fees. It felt like we were being penalized for paying vendors with their preferred methods"

These inefficiencies drained resources, slowed payments, and distracted the team from scaling the business.

The Solution

Venn provided an all-in-one solution:

• Free QBO Integration – Automated contractor payments, eliminating e-transfer fees and saving the company hundreds of dollars monthly.
• Multi-Currency Cards – Allowed transactions in USD without FX fees, reducing software and travel expenses.
• Team Management & Permissions – Enhanced security with customizable access for financial operations.

"Venn's multi-currency cards are a game-changer," Kevin explained. "No more FX fees when paying for US-based software or travelling. It simplifies everything and saves us a ton of money."

The Impact

Since switching to Venn, HotTakes has streamlined its payment process and eliminated unnecessary costs. The company now saves hundreds each month, with automated payments freeing up valuable time for strategic growth. Improved financial controls have also enhanced security and efficiency.

"Venn has transformed the way we manage our finances," Kevin concluded. "The QBO integration alone saves us so much time and money."

HotTakes is now scaling with confidence, knowing its financial operations are in great hands.

About Venn - Canadian Business Banking Built for Growth

Venn is more than just invoicing. We’re redefining business banking by bringing together multi-currency accounts, global payments, automated accounting, corporate cards, and invoicing—all in one place.

Instead of managing multiple platforms, paying unnecessary fees, and wasting time on manual tasks, you can streamline your entire financial workflow with Venn. Whether you’re a small business owner, startup, or scaling enterprise, Venn is built to help you move money faster and more efficiently.

Join thousands of businesses using Venn to simplify business banking and sign up today.

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