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Morrissette Institute for Entrepreneurship

SUMA

Jan 14, 2025

SUMA is an innovative fintech platform designed to address the financial challenges faced by Canada’s 400,000 annual newcomers, including international students, skilled workers, and families. By offering solutions like Rent-R (rental payment credit reporting),Cred.AI (a gamified credit improvement program), Creditit Right (secured credit-building), and PAPS (pre-arrival payment support), SUMA helps users build credit, access financial products, and streamline settlement costs.

 

Industry:

  • Financial Services
  • Fintech

Founders:

  • Laura Ramirez, MBA '25
  • Abhimanyu Sheoran, MBA '25
  • Kathleen Loli, MBA '25