Vambora is a Canadian fintech startup located in Waterloo, Ontario, founded in September 2021. The company aims to enhance financial inclusion for newcomers and credit-invisible consumers by creating digital financial profiles called “Trust Profiles.” These profiles help bridge the gap between landlords and tenants, particularly for international students and immigrants who may struggle to establish credit histories in new countries.

Vambora’s primary service involves the creation and management of Trust Profiles, which provide a detailed view of an individual’s financial behavior, including account balances, transaction history, income verification, and debt obligations. The company utilizes Open Banking data to gather financial information with consumer consent and employs digital identity verification to ensure the authenticity of users’ identities. This comprehensive approach helps landlords assess potential tenants more effectively during the rental application process.

Operating from the Communitech Hub in Kitchener’s Innovation District, Vambora is supported by Forum Ventures and is currently available to newcomers from 20 countries, offering its services as a digital financial passport.