Munro Banting Group · Oakville, Ontario
We move people and money across borders
Payments products for fintech teams in Canada and the US. Licensing and hiring for doctors, nurses and vets from the UK, Ireland and Australia, and for the clinics that hire them.
Oakville, Ontario · Founded 2023 · Immigration advice by a Regulated Canadian Immigration Consultant · Ontario recruiter licence in progress
Three practices, one method
Product development and advisory for payments and fintech: ledgers, payouts, reconciliation, partner integrations and regulatory preparation.
Licensing and hiring support for doctors, nurses and vets trained in the UK, Ireland and Australia, and for the clinics that hire them.
SimonVet
Booking, records, prescriptions, HST invoicing and a client portal for Ontario veterinary clinics.
The crossing
There, and then here.
Every piece of work we do takes something from one side of a border to the other: a clinician's training, a payout, a morning at a clinic.
ThereHere · Canada
UK GP training · GMC registered
Trained in Manchester.
Ontario route, in eligible cases · CPSO
Practising in Hamilton.
USD 1,000 payout · contractor in Toronto
Paid from New York.
CAD payout · settled through a licensed partner
Received in Toronto.
Funds are held and moved only by licensed partners.
Paper day sheet · 9 appointments
A full morning on paper.
SimonVet day view · HST invoiced
The same morning, on screen.
The same work, on the other side of the line.
That is the whole business.
Illustrative. Not a client, not a quote.
Payments Studio
Payments product development for fintech teams in Canada and the US
We work with fintech teams from first partner decision to working software. We map how money moves through your product, choose processors, partner banks and ramp providers with you, prepare the material your bank and counsel need, and build the ledger, payout and reconciliation systems in your codebase.
| Engagement | Duration | Output | Link |
|---|---|---|---|
| Money Movement Audit | 3 weeks · fixed price | Flow-of-funds map, partner and licensing review, ranked risk register, written scope for the next step. | |
| Payments Strategy Sprint | 6 weeks | Partner shortlist and RFP pack, ledger model, licensing path agreed with your counsel, build plan. | |
| Product development | Fixed phases, from 12 weeks | Ledger, payouts, reconciliation and integrations, delivered phase by phase in your repository. | |
| Fractional Head of Payments | About 1 day a week, reviewed quarterly | Partner management, roadmap, design review and readiness for bank and regulator reviews. |
Capabilities
Munro Banting advises, designs and builds. Client funds are held and moved only by licensed partners. Munro Banting does not hold, transmit or exchange client funds.
Case study · Our own product · Early access
FinoGrid: a cross-border payouts SDK we designed and built
FinoGrid is our developer SDK for paying contractors across borders on stablecoin rails, starting with US dollars to Canadian dollars. We built the settlement ledger, the payout state machine, identity and sanctions checks in the payout flow, and an MCP server that lets AI agents request payouts within set limits.
Early access
Licensed partners hold and move the funds. FinoGrid is in early access; we publish what we built and decided, not results.
One payout, through the ledger
Illustrative example, not a quote. Amounts rounded; rates change.
| Account | Debit | Credit |
|---|---|---|
| 01 FundedThe client funds USD 1,000.00 to its account at the licensed partner. | ||
| Client funding accountat the licensed partner | USD1,000.00 | |
| Client payableowed to the client | USD1,000.00 | |
| Clearing balanceclient funding account | USD1,000.00 | |
| 02 ConvertedThe licensed partner converts USD to USDC to CAD. The USD leg closes and the CAD leg opens. | ||
| Client payableUSD leg closed | USD1,000.00 | |
| Client funding accountsent to conversion | USD1,000.00 | |
| Conversion clearingquoted at 1.3600 | CAD1,360.00 | |
| Client payablenow owed in CAD | CAD1,360.00 | |
| Conversion clearingFX difference: executed at 1.3628 | CAD2.80 | |
| Client payablerate moved between quote and execution | CAD2.80 | |
| Clearing balanceconversion clearing | CAD1,362.80 | |
| 03 HeldThe CAD is held at the licensed partner until the payout is released. | ||
| Partner settlementCAD held by the licensed partner | CAD1,362.80 | |
| Conversion clearingconversion complete | CAD1,362.80 | |
| Clearing balancepartner settlement | CAD1,362.80 | |
| 04 Paid outThe licensed partner sends the CAD to the contractor's bank account. | ||
| Payout in transitsent by the licensed partner | CAD1,362.80 | |
| Partner settlementreleased by the licensed partner | CAD1,362.80 | |
| Clearing balancepayout in transit | CAD1,362.80 | |
| 04 Paid out, returnedThe receiving bank returns the payout after conversion. The CAD is held, not lost, and the client payable stays open. | ||
| Payout in transitsent by the licensed partner | CAD1,362.80 | |
| Partner settlementreleased by the licensed partner | CAD1,362.80 | |
| Partner settlementreturned by the receiving bank, held by the licensed partner | CAD1,362.80 | |
| Payout in transitpayout returned | CAD1,362.80 | |
| Clearing balancepartner settlement, held | CAD1,362.80 | |
| 05 ReconciledThe partner statement confirms delivery. The line is matched and the client payable is closed. | ||
| Client payablematched to the partner statement line | CAD1,362.80 | |
| Payout in transitdelivered | CAD1,362.80 | |
| Clearing balanceall clearing accounts at zero | 0.00 | |
| 05 Reconciled (reversal)Operations choose an option: retry to corrected details, reverse the conversion, or return. Here the retry is confirmed on the partner statement. | ||
| Payout in transitretried to corrected details by the licensed partner | CAD1,362.80 | |
| Partner settlementreleased again | CAD1,362.80 | |
| Client payablematched to the partner statement line | CAD1,362.80 | |
| Payout in transitdelivered | CAD1,362.80 | |
| Clearing balanceall clearing accounts at zero | 0.00 | |
Funds are held and moved only by the licensed partner.
Careers in Canada
Licensing and hiring support for doctors, nurses and vets from the UK, Ireland and Australia
Ontario, British Columbia, Manitoba and Nova Scotia have changed their registration routes for clinicians trained in these countries since 2023 [VERIFY + links: CPSO, BC Gov News, CRNM, Nova Scotia]. The routes differ by province and by profession. We assess which one fits your training, prepare your regulator application with you, and introduce you to clinics that are hiring.
Immigration advice is provided by Sana Waqar, Regulated Canadian Immigration Consultant (RCIC), Sana Immigration Consulting, licence R707540 [VERIFY].
Free for doctors, nurses and vets.We're paid by the clinics and health organizations that hire through us.
SimonVet · A Munro Banting product
SimonVet: practice software for Ontario veterinary clinics
Online booking, video visits and a client portal, with SOAP records, prescriptions and invoices with 13% HST built in. The veterinarian's CVO registration number is shown on every consult record, and finalized records are locked and logged. Plans start at $99 a month, with a 14-day trial and no card.
How a piece of work runs, in any of our practices
The same five steps, whether it's a ledger or a licence application. You know what happens next and what you'll have at the end of each step.
If the plan won't work, we tell you at step 2 and explain what would need to change.
- 01
Listen
On a 15‑minute call, you tell us what you're trying to do. We tell you whether we can help, and if we can't, who might.
You getA straight answer
- 02
Ask the hard questions
We ask about the details that change the answer. For a payments team: volumes, partners, countries and compliance. For a clinician: training, registration and timing.
You getA short list of what matters
- 03
Model it
We write the plan: the steps, who decides each one, how long it should take and what it costs. Nothing starts until you agree to it.
You getA plan with time and cost
- 04
Build it
We do it with you: the ledger and integrations, or the regulator application and introductions to clinics.
You getWorking software, or a complete application
- 05
Review it
We check the result against the plan and fix what's off.
You getA written review
Insights
Insights: working notes on ledgers, payouts and payments regulation
Designing a settlement ledger for USD to CAD stablecoin payouts
The account structure, entries and invariants we used in FinoGrid to keep a two-currency payout ledger reconciled through a stablecoin conversion step.
When a payout fails after conversion: states, holds and reconciliation
What happens to the ledger, the customer and the funds when a cross-border payout fails after currency conversion, and how we model it.
Registering as a PSP under the RPAA or operating under a partner: an operational checklist
The operational work behind RPAA registration compared with operating under a registered partner: safeguarding, risk frameworks, reporting and bank access. Preparation, not legal advice.
How we're paid, and how to check us
Payments Studio
Clients pay for engagements under a written engagement letter. If a partner pays us a referral fee, the engagement letter says so. FinoGrid is owned by Munro Banting. We say so whenever we recommend it.
Careers in Canada
Free for doctors, nurses and vets. We're paid by the clinics and health organizations that hire through us. We never ask a clinician for money at any stage.
SimonVet
Clinics pay a monthly subscription. Prices are published.
Immigration advice is provided by Sana Waqar, Regulated Canadian Immigration Consultant (RCIC), Sana Immigration Consulting, licence R707540 [VERIFY]. Check the CICC public register. Our application for an Ontario recruiter licence is in progress. We will publish the licence number here when it is issued. [OWNER: confirm status] [LEGAL] Munro Banting Inc., Oakville, Ontario.
Start with a 15‑minute call
Tell us what you're building or planning. We'll talk it through and agree the next step from there.