Chexy, a Canadian payments platform that allows tenants to earn credit card rewards on everyday expenses, has raised $14m CAD in a Series A funding round.
The round was led by Silicon Valley venture firm Khosla Ventures, according to a report from BetaKit. Returning investors Crossbeam, Venrex, and Air Canada — which previously partnered with Chexy for its Aeroplan programme — also participated.
Chexy said the fresh capital will be used to scale its payments platform across Canada, broaden its partnership ecosystem, and grow its team.
The company is also looking to expand beyond rent into additional everyday expenses, including business payments, with ambitions to “become a financial hub for households.”
Chexy enables Canadians to pay rent, bills, and taxes using their credit card, even in cases where card payments would not ordinarily be accepted. The platform aims to turn routine payments into financial opportunities, helping users unlock rewards, build credit, and elevate their lifestyle.
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