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Stu Szabo

Co-founder, Beacon

Fintech

Stu Szabo co-founded Beacon, a fintech app for immigrants to Canada, with Aditya Mhatre in 2023. BetaKit reported in May 2024 that he was Beacon's CEO and had spent nearly 12 years at PSP Investments, most recently as managing director and head of North American private equity. Beacon raised a $5.25M CAD seed round.

Stu hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Stu co-founded Beacon, which appears in 1 talk in the archive.

Around the web ×1

Interview
Stu Szabo and Aditya Mhatre: Beacon Empowering Immigrants To Confidently Build Their Futures in CanadaMade in CA
2024

Quick answers

Who is Stu Szabo?

BetaKit reported on 2024-05-22 that Stuart Szabo founded Beacon in 2023 with Aditya Mhatre and served as its CEO. Beacon's about page, checked September 2026, still names 'Stu and Aditya' as its founders.

What did Stu Szabo do before Beacon?

BetaKit reported on 2024-05-22 that he spent nearly 12 years at Montréal-based PSP Investments, most recently as managing director and head of North American private equity.

What does Beacon do?

BetaKit reported on 2024-05-22 that Beacon is building a 'super app' for immigrants to Canada. Made in CA's 2024-07-12 profile describes it as a fintech that helps immigrants build their futures in Canada and handle obligations in their home country.

How much has Beacon raised?

BetaKit reported on 2024-05-22 that Beacon announced $5.25 million CAD in seed funding, with backers including Jawl Residential Group, Wayne Pommen, Adrian Rocca and Jonathan McCain.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 18, 2026