|
Vancouver , with the former planning to add 3,000 jobs to the city .
Toronto
About 60 % of fintech companies in Canada are based in the province of Ontario , with many set up in Toronto and the Kitchener-Waterloo corridor . Toronto is home to the headquarters of the country ’ s largest financial institutions and is the banking and stock exchange centre of Canada . Digital currency is becoming increasingly important and Toronto is primed to lead . The city is home to Coinsquare , a leading secure digital asset trading platform for Bitcoin , Ethereum , and other digital currencies .
Toronto ’ s fintech industry also provides equitable services that aim to use technology to assist Canadians with their finances . Borrowell is a new company offering Canadians free credit score and report monitoring , credit coaching tools and AI-driven product recommendations . The company has partnerships with names including CapitalOne , Scotiabank , EQ Bank and American Express . Borrowell has also been named one of the Top 50 Best
|
Above : Calgary Night Skyline
Right : Palais des congrès de Montréal
|
Small Workplaces in Canada .
In a similar vein , Wealthsimple ’ s stated mission is to democratise wealth . They do this by emphasising a client-centric approach to financial products , which includes automated investing , commission-free stock and crypto trading , savings account services and tax filing software . Thus , Toronto ’ s fintech sector does not just aim for profit , but has its sights set on creating meaningful social impact .
Montréal
Montréal ’ s finance sector employs 100,000 people and is rated 12th in the Global Financial Centres Index . It is home to numerous foreign firms – names such as HSBC , AXA , Aon and BNP Paribas have offices in the city .
Since 2016 , Flinks , a fintech company based in Montréal , has helped businesses connect with financial services . The company aims to connect users ’ bank accounts , enrich their data , and deliver better products . The idea is to provide the data layer needed to power the next generation of connected financial experiences . Flinks has already become the leader in financial data connectivity in Canada and is well on its way to becoming a global leader .
|
FINTECH POWERING BUSINESS EVENTS
Another element of Canada ’ s remarkable fintech success story is its approach to business being both competitive and co-operative with collaboration being a crucial component of the country ' s strength in this sector . This approach extends across borders . Canada has conference-friendly visa requirements , direct flights from across Europe , and a depth of intellectual capital with outstanding venues . These factors provide organisations with great incentives and a reason to look to Canadian hubs as ideal destinations for their events .
Canada ’ s events sector has delivered many high-profile financial events and as the Covid-19 pandemic continues to evolve , organisers are planning their in-person comebacks . Calgary hosted the International Trade Fair , Business and Investors Summit , a five-day extravaganza , in November 2021 and Toronto hosts the fifth Global Achievers Entrepreneurship Finance conference in February 2022 . As travel restrictions ease , Canada is once again open for business .
|