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.
spotlightsBillennium charts growth course in OntarioBillennium charts growth course in Ontario. Ontario’s Investment Services Team works with Polish IT services company. success storiesCybersecure Catalyst: Unleashing Ontario's tech talent to increase online securityThe Rogers Cybersecure Catalyst (the Catalyst) is Ryerson University’s national centre for innovation and collaboration in cybersecurity. Op EdYour Future in Ontario: A Roadmap for Innovation and Collaboration at the Heart of North American MarketsIn his feature article, Minister Fedeli sets out how Ontario is working proactively across industry sectors as forward-looking companies position for long-term growth in an… success storiesMeet the training institute prepping Ontario for the future of biomedical manufacturing: CATTIOntario’s academic excellence and manufacturing best practices create the climate to produce greater numbers of experienced workers. success stories1Password: tech talent on a mission to make the internet saferOntario, Canada’s robust tech ecosystem, rich talent pool and culture of innovation are key to 1Password fulfilling their global mission to make “everyone safe online” spotlights4 reasons Ontario cities are at the forefront of Canada-wide Site Selection magazine rankingsOntario communities are at the forefront of Site Selection magazine’s 2021 competitiveness rankings. Of 21 Canadian communities highlighted, 10 are in Ontario. Publications Why tech workers choose Ontario, CanadaIn Ontario, Canada embraces its image as a cultural mosaic by employing talent from all around the world. Learn about immigration support to the province. Videos Choosing London, Ontario for food manufacturing with sustainability pioneer Aspire Food GroupAspire is taking aim at one of the biggest challenges of our time: food security. A pioneer in the field of sustainable insect agriculture, Aspire Food Group is building the… success storiesAspire Food Group chooses London, Ontario for its “first-of-a-kind” cricket protein manufacturing facilityAspire Food Group is building the world’s first fully automated food-grade insect protein manufacturing facility in London, Ontario. spotlightsMeet the automobility capital of Canada: Windsor-EssexThe Windsor-Essex region in Ontario—known for excellence in automotive technology and R&D—is leading the way in EV development. success storiesOntario-based quantum computing startup Xanadu says it “couldn’t imagine setting up business anywhere else”In the quantum race, companies like Xanadu are choosing Toronto, Ontario for its strategic advantage. success storiesOntario’s robust R&D infrastructure powers advancement in next-generation cancer therapies at Treadwell TherapeuticsTreadwell has adopted a global growth strategy but remains committed to Toronto, Ontario, where its innovations first took shape.
