In 2013, Flybits was founded in a research lab with a simple mission: to bring context and relevance to the data surrounding us so that organizations can create meaningful customer experiences that build trust. A decade later, we are now a global company that
In 2013, Flybits was founded in a research lab with a simple mission: to bring context and relevance to the data surrounding us so that organizations can create meaningful customer experiences that build trust. A decade later, we are now a global company that empowers financial institutions to become trusted gatekeepers of data ecosystems, enabling them to use data in a way that delivers value to their customers, helping them to live their best lives and contributing to the economic prosperity of communities.
empowers financial institutions to become trusted gatekeepers of data ecosystems, enabling them to use data in a way that delivers value to their customers, helping them to live their best lives and contributing to the economic prosperity of communities.
About Flybits
Flybits helps financial institutions scale digital value by mobilizing data as a strategic asset and creating multidimensional, enterprise-grade customer experiences that drive loyalty and business results. We do this by harnessing the power of customers’ individual contexts to establish consent-based, participatory relationships with their financial institutions.
Flybits has a very unique culture — one based on collaboration, respect, humility, courage, and figuring things out. It’s what allows us to move forward and compete in the industry. Each person that works here is thinking about the future and about how things can be done better.
—Hossein Rahnama
Founder & CEO
Flybits
How we got here
2013
Flybits founded in Toronto
2015
Rapid growth with 80% increase in team size
2016
Flybits raises $6.7M series B
2019
Opened offices in New York, London, and Dubai
Flybits raises $50M Series C
300% YoY growth
2020
Becomes a global company expanding across 5 continents with offices in Singapore, Mexico City, Dubai, Amsterdam, New York, and London
2021
2022
Flybits launches OpenDome at the World Economic Forum
Flybits Labs opens - an innovation incubator located at Toronto Metropolitan University
2022
Social impact
We believe in inspiring the next generation of entrepreneurs by building technology to improve the health and vitality of the communities we serve. Over the last few years we’ve partnered with NEXT Canada, a national non-profit accelerator headquartered in Toronto on a mission to help the Canadian ecosystem grow and thrive.
Making headlines
Recent press releases
In the news
Our people
COURAGE, CURRIOSITY & CREATIVITY
EXPERIMENTATION & INNOVATION
FUN, COLLABORATION & COMMUNITY
Flybits labs —
where creativity meets invention
A world-class innovation incubator based out of Toronto Metropolitan University, Flybits labs is an ideation playground where technical teams, designers, academics, SMEs, and corporations can unite to collaborate and design commercial solutions to industry challenges.
Our co-op program
Through our academic partnerships, we gain fresh perspectives, ideas, and knowledge from our talented co-op students. Each gets the opportunity to cultivate new skills, learn, and grow by tackling real-world industry challenges and gaining valuable engineering and product experience building new solutions on the Flybits platform.
Our team
Flybits is one of the world’s top fintech companies. We’re backed by global brands, including TD Bank, Mastercard, and Point 72 Ventures. Our executive team is a diverse group of leaders spearheading growth and innovation across engineering, product, operations, and partnerships. Our Board of Directors and Advisory Board represent industry experts and globally recognized thought leaders in banking and innovation.
Executive team
Dr. Hossein Rahnama
Founder and CEO
Matt Saunders
Chief Operating Officer
Sauvnish Bains
Chief of Staff and Head of People, Culture and HR
Jannine Krish
VP, Marketing
Ankur Patel
VP, Engineering
Governance and advisory board
Sheldon Levy
Special Executive Advisor
Tripp Shriner
Director
Luis Llovera
Observer
Rizwan Khalfan
Director
Sandy Pentland
Special Executive Advisor
Rohen Sood
Observer
Arlene Dickinson
Special Executive Advisor
Anatol Von Hahn
Special Executive Advisor
Robert Antoniades
Director
Pete Casella
Observer
Alex Tong
Observer
Marshall Lux
Director
Adam Felesky
Observer
Sunil Selby
Observer
Matt Carbonara
Observer
Rene Schmitz
Observer
Francis Hondal
Observer