Top 10 Canada Fintech Solutions Companies - 2022

New winds of change are blowing over the banking and finance space. As the industry recovers from the economic impact of COVID-19, innovative digital modes of financial transactions brought on by fintech firms are increasingly taking center stage.

Mirroring the global success of the fintech industry, the fintech space in Canada is achieving new heights. This is evidenced by the expanding Canadian fintech solutions market that is flush with investments in the range of billions of dollars. More forthcoming investments are on the horizon, mostly for digital payments that account for the largest market share in 2022 and beyond.

The factors driving this growth are strong ecosystem collaborations, knowledgeable investors, and massive investment into the most cutting-edge fintech solutions. Rising global investments in neobanks are also contributing to the growth of Canadian neobanks. An increasingly tech-savvy population that prefers fast and hassle-free transactions and improved customer experience is further driving the demand for fintech solutions.

This edition of CIOReview shines light on the key developments in the Canadian fintech space and the ways fintech firms are emerging as strong competitors to traditional financial institutions. It features an informative piece by Selim Tastan, Head of Digital Transformation and Innovation at Kuveyt Turk Participation Bank. He elaborates on the latest trend of fintechs partnering with experienced banks to usher in a new era of digitalized banking services.

The edition also features a thought leadership article from Barry Baird, Head of Payments Capability and Delivery at TD Bank. He speaks about adopting a holistic approach to building customer trust in the era of data-driven financial operations. It involves analyzing transactional and behavioral data to gain actionable insights that help deliver greater value to customers and merchants.

In this edition featuring the most promising Canada fintech solution providers, we hope you find the right partner to help you carve a niche in the evolving banking and finance space.

Let us know your thoughts!

    Top Canada Fintech Solutions Companies

  • 1

    Banking Labs, AI powered a financial intelligence company, offers innovative products and strategy and advisory services in banking domain and technologies. Our strategic partnerships with our clients allow us to produce business outcomes that automate, accelerate and derisk real-time financial transactions. Banking Labs is actively engaged by CXO offices in the areas finance transformation, regulatory & compliance, Payments, channels, fraud, and risk management.

  • 2

    Maximizers CRM for Financial Advisors offers all critical business processes - including forty different standardized workflows - that are specific to the industry. Drawing on three decades of software and niche market experience, Maximizer enables financial advisor clients to leverage both standard and customizable features to manage clients, remain compliant and drive new business

  • 3

    Spring Financial is a leading fintech company that focuses on democratizing access to better credit with an industry-leading suite of financial solutions that provide better opportunities for Canadians to build credit, save money, and access premium loan products.

  • 4

    Trulioo offers a robust and comprehensive global identity verification solution to help businesses meet their AML and KYC identity verification requirements by providing secure access to over 5 billion identities worldwide. Its platform helps companies establish identity authentication and stay in compliant with identity regulations of different geographic regions.

  • 5

    Bottomline Technologies

    Bottomline Technologies

    Bottomline Technologies maintains the position that culture and guiding principles are more than mere business statements and wall plaques, respectively

  • 6

    Clik2pay

    Clik2pay

    Trulioo offers a robust and comprehensive global identity verification solution to help businesses meet their AML and KYC identity verification requirements by providing secure access to over 5 billion identities worldwide. Its platform helps companies establish identity authentication and stay in compliant with identity regulations of different geographic regions

  • 7

    Digital Commerce Bank

    Digital Commerce Bank

    Trulioo offers a robust and comprehensive global identity verification solution to help businesses meet their AML and KYC identity verification requirements by providing secure access to over 5 billion identities worldwide. Its platform helps companies establish identity authentication and stay in compliant with identity regulations of different geographic regions

  • 8

    Digitech Payments

    Digitech Payments

    Digitech Payments is a Montreal-based provider of financial services. Whether clients need a point-of-sale system, an ecommerce platform, or credit and debit card processing, Digitech Payments has the payment technology the business requires

  • 9

    Finastra

    Finastra

    Finastra provides mortgage technology, cheque processing, payment administration, and student loan solutions to the mortgage sector, banks, credit unions, and governments in Canada

  • 10

    FrontStream Payments

    FrontStream Payments

    FrontStream Payments is a trusted leader in safe payments and charity gift processing and delivery. FrontStream Payments, a division of FrontStream, a fundraising technology pioneer, securely processes billions of dollars in business transactions and charitable donations for certified nonprofits and corporations in the U.S. and Canada in enterprise solutions, healthcare, education, franchises, and more