From mobile payments to cybersecurity, trading analytics to blockchain, Ontario is a global leader in fintech. Toronto, Ontario is North America’s second-largest financial hub behind New York with over 600 fintech firms, 12,000 financial services firms, and nearly 380,000 financial services professionals. Ontario fintech firms are finding success on the global stage. Whether you are considering relocating your fintech firm or you’re looking for that ‘right fit’ for your fintech business goals, you need look no further than Ontario! Meet 12 Ontario finovators who are: Solving the banking industry’s biggest problems CPQi provides managed services, including building, implementing, and supporting financial markets systems. They focus on digital transformation, predictive artificial intelligence, DevOps and cloud migration and have worked with the world’s biggest names in banking, providing them cost-effective, innovative solutions. Building enterprise AI you can trust DarwinAI enables enterprises to build AI they can trust. Based on years of distinguished scholarship, the company’s patented explainability technology accelerates advanced deep learning design. Empowering independent entrepreneurs to chase their dreams Faire, an innovative online marketplace, uses machine learning to match local retailers with the brands of products that uniquely fit their stores. Faire connects brands and boutiques from all over the world; they’ve built a thriving community of 100,000+ small business owners. Building a financially healthy Canada Innovate Financial Health (IFH), a national non-profit focused on advancing technology solutions that improve the financial lives of Canadians, works with start-ups, community organizations, investors, financial institutions, and researchers to build a more financially healthy Canada. Ushering in a new era of banking KOHO Financial is a challenger bank that provides no-fee spending accounts with instant cash back and a money management app designed to simplify personal finances. Leading the world’s transition to digital cash nanopay operates as an integrated loyalty and payment platform, providing domestic and cross-border payments and cash and liquidity management solutions for retail and e-commerce merchants. Transforming the world’s access to the fixed income market Overbond, an AI quantitative analytics provider for institutional fixed income capital markets, offers data aggregation solutions and a comprehensive suite of AI algorithms for bond pricing, trade workflow automation, pre-trade signals and market surveillance. Building the Financial Services of the future Salt Edge specializes in intercommunication and interoperability between FinTech and banks, banks and other banks, as well as banks and loan companies. Their Open Banking API solutions enables their clients to connect to 5000+ banks in 50+ countries. Providing cybersecurity peace of mind SecureKey, an identity and authentication leader, simplifies consumer access to online services and applications through next generation privacy-enhancing services. Consumers can conveniently and privately assert identity information using trusted providers to connect to critical online services with a digital credential they already have and trust, while ensuring that information is only ever shared with explicit user consent. Rewriting the rules of the modern economy Shopify is the number one eCommerce Platform for all businesses. With over one million businesses on board, Shopify not only enables businesses to start, run and grow, but also offers innovative options and supports for both merchants and customers alike. Shopify offers a complete suite of solutions including Shopify Pay, Shopify Pay Installments, Shopify Balance and Shopify Capital. Elevating ordering and delivery Smooth Commerce is a fully-integrated technology platform designed to deepen the connection between retail merchants and their customers. Smooth Commerce supports customers with mobile payment functionality, order-ahead, loyalty rewards, offers and promotions while at the same time delivering data analytics, customer behaviour insights and more to merchants. Building the world’s most human financial company Wealthsimple provides a suite of online products including Wealthsimple Invest – a roboadvisor service for novice investors, Wealthsimple Trade – a discount brokerage service, and Wealthsimple Cash – a no-fee hybrid savings and chequing account. The firm, with 1.5 million+ clients, holds over $8.4 Billion in assets under management.
spotlightsLG Energy Solution & Stellantis invest historic $5B+ to build Ontario, Canada’s first ever GigafactoryLG Energy Solution (LGES) and Stellantis have partnered to open Ontario, Canada’s first major electric vehicle (EV) battery plant. spotlightsHonda moves toward electrification with $1.4B investment in Ontario, CanadaIndustry giant Honda Canada Inc. has announced a $1.4 billion investment in their award-winning Alliston plants located in Ontario, Canada as a next step in their pathway to… success storiesCiti chooses its Mississauga site for a new Internal Audit hubCiti's new Internal Audit hub in Mississauga, Ontario, will be instrumental in delivering advanced services to support the bank's increasing global growth. success storiesThe allure of Ottawa, Ontario as a hub for 5GTelecom company Parallel Wireless credits Invest Ottawa for helping them quickly and seamlessly integrate into the city’s thriving tech ecosystem. spotlightsKingston, Ontario—your destination for businessAnchored by multinational giants, homegrown successes and high-growth startups with top talent, Kingston, Ontario, is an ideal location for business success. success storiesOntario-made cybersecurity tech is securing vital data that's at rest, in use and in motionOntario-based CryptoMill’s breakthrough encryption technology is attracting fans among international companies and government agencies. Learn what makes the Toronto-based company… success storiesAI scale-up EAIGLE harnesses the power of Ontario's tech ecosystemAI company makes successful pandemic pivot thanks to Ontario’s talent, tech community, startup ecosystem and government supports. spotlightsACE aims to showcase Ontario’s leadership in automotive innovationOntario is moving quickly and decisively to become a leading global hub for developing and building the cars of the future, and ACE is primed to play a pivotal role. success storiesUniversity of Toronto AV researchers take on winterAutonomous Driving in Adverse Conditions – WinTOR for short -- which aims to teach self-driving cars how to handle whatever winter throws their way. success storiesIrish fintech startup Swoop has landed in Ontario's flourishing entrepreneurial ecosystemSince launching in Ontario, Swoop Canada has struck a chord, building up its Canadian client base to over 500 companies, and is looking at tripling its team within 12 months. “… Press ReleaseOntario, Canada, launches flagship initiative to lead development of EV and smart transportation technologiesOntario launches flagship initiative to lead development of EV and smart transportation technologies. success storiesHydrostor: reshaping the global energy gridOntario’s an ideal place to start a business, particularly in the green energy space. The R…