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Actual

Actual is a Toronto company that handles the money layer for hospitality: it automates tip division, digital tip payouts, compliant direct-tip payments and payroll for restaurants and hotels. Founded by Afshin Mousavian and rebranded from Atlas, it moved about $164M in tips so far in 2026, up from $100M in 2025.

FintechTorontoonactual.com
$164Min tips moved so far in 2026, on track for ~$400M (up from $100M in 2025 and $5.8M in 2024)TechTO stage 2026-07-01
100+hospitality customers reached with zero digital marketing spendTechTO stage 2026-07-01

The people

What they build

Actual TipsAutomated tip division, digital tip payouts and compliant direct-tip paymentsProduct page ↗
Actual OperationsCentralizes hospitality data across systems into reporting, dashboards and forecasts
Actual PayrollHospitality-first payroll

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Working at Actual

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Open roles on the TechTO Job Board ↗Or their own careers page: onactual.com/careers ↗

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On the TechTO stage

Every talk is searchable — ask the archive about Actual

About

Actual, formerly Atlas, builds the financial layer for hospitality, moving tips, running payroll and centralizing operations for restaurants and hotels. Afshin Mousavian started it after his own Toronto restaurant exposed how much back-office work sits behind tip division, distribution and compliance. Its tipping product went from $5.8M moved in 2024 to $100M in 2025, and it reached 100+ customers with no digital marketing spend, as Mousavian shared on the TechTO stage in July 2026.

Backers

No funding round is disclosed in a primary source found; the company says it reached 100+ customers with zero digital marketing spend. Investor names could not be confirmed.

Some figures are founder-stated, not independently confirmed

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Quick answers

What does Actual do?

It automates tip division, digital tip payouts, compliant direct-tip payments and payroll for restaurants and hotels, and centralizes their operational data. It was previously called Atlas.

How big is Actual?

Its tipping product moved $5.8M in 2024, $100M in 2025 and about $164M so far in 2026, on track for roughly $400M, and it reached 100+ customers with no digital marketing spend, per its founder's July 2026 TechTO talk.

Who founded Actual?

Afshin Mousavian, a serial technology entrepreneur and former Toronto restaurant owner, co-founded it and is CEO.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 20, 2026