Market map · Canada
Fintech market map: Canada
41 fintech startups based in Canada that have raised money in rounds we track, placed in 6 segments by what each says it does. Together they have raised $1.8B; the biggest segment is payments.
41startups on the map
6segments
$1.8Braised between them
Business finance softwaremost funded segment
Payments
11
Funding by segment
- Payments$289M11
- Lending and credit$95M7
- Business finance software$669M7
- Banking and accounts$496M6
- Insurance$19M5
- Wealth and investing$184M5
Where they are based
- Canada41$1.8B
CanadaFounded
6Earlier
412
113
314
215
116
417
518
319
220
421
222
123
24
25
26
3 without a founding year on record.
Total raised
- Under $1M4
- $1M to $10M10
- $10M to $50M17
- $50M to $250M9
- $250M to $1B1
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
36 of 41 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- Canada41
Startups by country, 1 country in all.
Segment by segment
Payments
11 startups · $289M raised
PayFactoPayFacto is a Montreal-based payment technology company founded in 2018, specializing in customized payment processing solutions, Canada$120M
HelcimHelcim is a Canadian financial technology company based in Calgary, Alberta.Canada$59M
MobeewaveMobeewave is a Canadian-based startup that allows any mobile app to accept in-person payments with no extra hardware.Canada$27M
Buckzy PaymentsBuckzy Payments is a fintech company enabling cross-border real-time payments and Banking-as-a-Service.Canada$16M
Dream PaymentsDream Payments is a Toronto-based fintech company founded in 2014, specializing in cloud-based and API-driven payment solutions.Canada$16M
ChexyChexy is a Canadian fintech startup based in Toronto, founded in 2022.Canada$13M
CybridCybrid is a fintech infrastructure company founded in 2021, based in Toronto, Ontario, with an additional office in Newark, New Jersey.Canada$10M
nanoPaynanopay empowers businesses and banks to scale with innovative payment and liquidity management products.Canada$10M
Lending and credit
7 startups · $95M raised
BorrowellBorrowell is a prominent Canadian fintech company founded in 2014 and based in Toronto, Ontario.Canada$35M
Finalta CapitalFinalta Capital is a financial advisory firm that specializes in providing tax credit solutions.Canada$23M
Coconut SoftwareCoconut Software is a Saskatoon, Canada-based company that provides a Customer Engagement Platform tailored for banks and credit unions.Canada$22M
KeyKey is helping a generation stuck renting get on the homeownership ladder while providing property owners with superior real estate returns.Canada$13M
Levr.aiLevr.ai is a fintech startup based in Vancouver, Canada, with operations in San Francisco, California.Canada$2.0M
goPeergoPeer is a Canadian financial technology company that operates the country's leading peer-to-peer private credit marketplace.Canada$773K
KoalifyAn online mortgage broker that's redefining the home loan experience by combining cutting-edge technology with personalised, expert service.Canada$10K
Business finance software
7 startups · $669M raised
Blue JBlue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.Canada$298M
Float FinancialFloat offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.Canada$183M
FreshBooksFreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.Canada$73M- WAWave AccountingCanada$46M
ProcurifyProcurify is an AI-powered spend management and procurement platform designed for mid-market organizations.Canada$46M
DurableDurable is an online platform that assists service businesses with the setup, templates, marketing, and invoicing of their company.Canada$14MBeanworksBeanworks is an accounts payable automation solution that helps companies eliminate paperwork and reduce invoice processing costs.Canada$10M
Banking and accounts
6 startups · $496M raised
Neo FinancialNeo Financial is a Canadian fintech company based in Calgary, Alberta, that offers digital-first consumer banking products and co-Canada$182M
KohoKOHO is a Canadian fintech company based in Toronto, offering no-fee banking services through a mobile app and prepaid card.Canada$144M
LendifiedLendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses.Canada$71M
OhpenOhpen is a financial technology company based in the Netherlands, founded in 2009 by a team of bankers and software engineers.Canada$48M
ZafinZafin is a global enterprise software banking company that enables banks to optimize multiple revenue streams across retail/corporate banks.Canada$47M
FinofoFinofo is a financial technology startup based in Calgary, Alberta, focused on creating a comprehensive digital platform for businCanada$3.3M
Insurance
5 startups · $19M raised
Breathe LifeBreathe Life is an enterprise Software-as-a-Service, or SaaS, platform for the individual insurance industry.Canada$8.3M
FinaeoFinaeo is a digital marketplace that connects insurance carriers, brokers, and clients.Canada$5.3M
YouSetYouSet is a Canadian insurtech brokerage firm founded in 2017, with headquarters in Montreal and an additional office in Toronto.Canada$2.6M
QuickFactsQuickFacts is a Canadian SaaS company founded in 2020, specializing in underwriting comparison and workflow optimization software Canada$2.0M
brunvalleyBrunvalley develops software technologies to offer self-service access to financing and insurance needs.Canada$300K
Wealth and investing
5 startups · $184M raised
CoinsquareCoinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on CanadCanada$95M
DelphiaDelphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products.Canada$60M- NGNextBlock GlobalA digital asset investment company.Canada$20M
d1g1td1g1t is a Toronto-based FinTech company that specializes in providing an enterprise wealth management platform.Canada$9.1M
AdatraAdatra is an application that provides commission-free trading with short-term insights into the market's movement and news sentiments.Canada$43K
How this map is made. Every startup here has raised money in rounds we track, and is based in Canada. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in fintech, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.
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