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.
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