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.
spotlightsOntario Cities Lead the Way in the 2021 Business Facilities ReportBusiness Facilities magazine recently released its 2021 Metro and Global Rankings Reports, and Ontario cities rank highly on numerous lists. Business Facilities is a leading full-… spotlights5 reasons to build electric vehicles and batteries in OntarioThe province’s business, talent, and energy landscape will keep costs down for automotive innovators and producers. success storiesNewmont builds the “mine of the future” in Ontario, CanadaIn 2016, when Newmont announced that it would build the world’s first all-electric underground gold mine near Borden Lake in Northern Ontario, the global mining industry took… spotlights12 biotechnology and life sciences organizations to watch in 2021Ontario is home to a thriving biotechnology sector, with an abundance of top institutions, researchers, developers and manufacturers. success storiesHow Ontario’s Novocol Pharma is poised to protect Canada from future pandemicsWhen the pandemic hit, catching the world off guard and causing drug manufacturers to scramble, Novocol Pharma president, Atif Zia, thought to himself, I know we can be more… success storiesRoche looks to Ontario, Canada to help accelerate innovations in health careWhen Roche Canada colleagues saw the opportunity to establish a centre of excellence (CoE) for artificial intelligence, they knew the best home would be in Canada. success storiesToronto’s BlueDot says the city’s diversity and culture of innovation helped it be among the first to detect COVID-19When Toronto’s Dr. Kamran Khan opened a file on December 31, 2019, that showed an unusual cluster of pneumonia cases in Wuhan, China, he let out an audible gasp. spotlights10 AI companies to watch in 2021Ontario has become a true hub for artificial intelligence, not just in Canada, but worldwide and the province’s reputation as a global leader in AI is growing. spotlights7 Tech companies expanding to Toronto, OntarioDespite the pandemic, Toronto’s technology sector keeps on growing. The city is a booming technological hub, boasting a strong talent pipeline that attracts tech companies… 10 Reasons to think OntarioThe Innovation Age isn’t just about harnessing the power of advanced technologies to rewire the way businesses operate. It’s about people breaking free from the bonds of the… spotlightsThe 5 biggest takeaways from the Collision 2021 conference for Kayan HealthFilled with some of the brightest minds in the industry, Collision wasn’t just another tech conference for Kayan Health. spotlightsCanada rises to 2nd place in Kearney’s Foreign Direct Investment Confidence IndexCanada ranks second in A.T. Kearney’s annual Foreign Direct Investment (FDI) Confidence Index for 2021, a jump from ranking third in 2019. Although business leaders are relatively…
