# Top 25 Fintech Startups in Toronto-Waterloo by Funding (2026)

> The 25 best-funded fintech startups in Toronto-Waterloo, ranked by total funding raised: $2.4B combined.

Source: https://millionrounds.com/top-lists/fintech-startups-toronto-waterloo (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Wealthsimple** Wealthsimple for Advisors focuses on providing simple and insightful, technology-enabled solutions to advisors and financial planners.](https://millionrounds.com/company/wealthsimple) Wealthsimple for Advisors focuses on providing simple and insightful, technology-enabled solutions to advisors and financial planners. *Founded* 2014 Toronto, Canada **$1.2B** last round Oct 2026
- 2 [**Blue J** Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.](https://millionrounds.com/company/blue-j) Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research. *Founded* 2015 Toronto, Canada **$298M** last round Nov 2026
- 3 [**Clearco** Clearco is an online financial platform that provides growth capital to e-commerce and B2B companies.](https://millionrounds.com/company/clearco) Clearco is an online financial platform that provides growth capital to e-commerce and B2B companies. *Founded* 2015 Toronto, Canada **$200M** last round Aug 2026
- 4 [**Float Financial** Float offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.](https://millionrounds.com/company/float-financial) Float offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management. *Founded* 2019 Toronto, Canada **$183M** last round Jun 2026
- 5 [**Coinsquare** Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange.](https://millionrounds.com/company/coinsquare) Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange. *Founded* - Toronto, Canada **$95M** last round Feb 2021
- 6 [**FreshBooks** FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.](https://millionrounds.com/company/freshbooks) FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses. *Founded* 2003 Toronto, Canada **$73M** last round Jul 2016
- 7 [**Lendified** Lendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses.](https://millionrounds.com/company/lendified) Lendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses. *Founded* 2015 Toronto, Canada **$71M** last round Apr 2019
- 8 [**Delphia** Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products.](https://millionrounds.com/company/delphia) Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products. *Founded* 2018 Toronto, Canada **$60M** last round Jun 2022
- 9 [**Financeit** Financeit simplifies complex sales transactions for businesses and their customers.](https://millionrounds.com/company/financeit) Financeit simplifies complex sales transactions for businesses and their customers. *Founded* 2007 Toronto, Canada **$38M** last round Oct 2016
- 10 [**Borrowell** Borrowell is a prominent Canadian fintech company founded in 2014 and based in Toronto, Ontario.](https://millionrounds.com/company/borrowell) Borrowell is a prominent Canadian fintech company founded in 2014 and based in Toronto, Ontario. *Founded* 2014 Toronto, Canada **$35M** last round May 2022
- 11 [**PayBright** PayBright is a FinTech company.](https://millionrounds.com/company/paybright) PayBright is a FinTech company. *Founded* 2009 Toronto, Canada **$34M** last round Sept 2019
- 12 [**Buckzy Payments** Buckzy Payments is a fintech company enabling cross-border real-time payments and Banking-as-a-Service.](https://millionrounds.com/company/buckzy-payments) Buckzy Payments is a fintech company enabling cross-border real-time payments and Banking-as-a-Service. *Founded* 2018 Toronto, Canada **$16M** last round Dec 2022
- 13 [**Dream Payments** Dream Payments is a Toronto-based fintech company founded in 2014, specializing in cloud-based and API-driven payment solutions.](https://millionrounds.com/company/dream-payments) Dream Payments is a Toronto-based fintech company founded in 2014, specializing in cloud-based and API-driven payment solutions. *Founded* 2014 Toronto, Canada **$16M** last round Mar 2017
- 14 [**Snaplii** Snaplii is a North American fintech company founded in 2020 and headquartered in Mississauga, Ontario.](https://millionrounds.com/company/snaplii) Snaplii is a North American fintech company founded in 2020 and headquartered in Mississauga, Ontario. *Founded* 2020 Mississauga, Canada **$15M** last round Nov 2026
- 15 [**Chexy** Chexy is a Canadian fintech startup based in Toronto, founded in 2022.](https://millionrounds.com/company/chexy) Chexy is a Canadian fintech startup based in Toronto, founded in 2022. *Founded* 2022 Toronto, Canada **$13M** last round Mar 2026
- 16 [**FlipGive** FlipGive is a Toronto-based digital fundraising and cashback platform that helps youth sports teams, schools, and community groups raise money effortlessly.](https://millionrounds.com/company/flipgive) FlipGive is a Toronto-based digital fundraising and cashback platform that helps youth sports teams, schools, and community groups raise money effortlessly. *Founded* 2016 Toronto, Canada **$11M** last round Aug 2023
- 17 [**nanoPay** nanopay empowers businesses and banks to scale with innovative payment and liquidity management products.](https://millionrounds.com/company/nanopay) nanopay empowers businesses and banks to scale with innovative payment and liquidity management products. *Founded* 2013 Toronto, Canada **$10M** last round Oct 2016
- 18 [**Cybrid** Cybrid is a fintech infrastructure company founded in 2021, based in Toronto, Ontario, with an additional office in Newark, New Jersey.](https://millionrounds.com/company/cybrid) Cybrid is a fintech infrastructure company founded in 2021, based in Toronto, Ontario, with an additional office in Newark, New Jersey. *Founded* 2021 Toronto, Canada **$10M** last round Oct 2025
- 19 [**d1g1t** d1g1t is a Toronto-based FinTech company that specializes in providing an enterprise wealth management platform.](https://millionrounds.com/company/d1g1t) d1g1t is a Toronto-based FinTech company that specializes in providing an enterprise wealth management platform. *Founded* 2017 Toronto, Canada **$9.1M** last round Jul 2025
- 20 [**Overbond** Overbond is an artificial intelligence quantitative analytics provider focused on institutional fixed income capital markets.](https://millionrounds.com/company/overbond) Overbond is an artificial intelligence quantitative analytics provider focused on institutional fixed income capital markets. *Founded* 2015 Toronto, Canada **$7.5M** last round Jun 2016
- 21 [**Code** Code is a Canadian payment platform provider that makes it simple for web developers to collect modest payments from consumers worldwide.](https://millionrounds.com/company/code) Code is a Canadian payment platform provider that makes it simple for web developers to collect modest payments from consumers worldwide. *Founded* - Waterloo, Canada **$6.5M** last round Feb 2024
- 22 [**Finaeo** Finaeo is a digital marketplace that connects insurance carriers, brokers, and clients.](https://millionrounds.com/company/finaeo) Finaeo is a digital marketplace that connects insurance carriers, brokers, and clients. *Founded* 2016 Toronto, Canada **$5.3M** last round Dec 2020
- 23 [**Kooltra** Kooltra is a Toronto-based fintech startup founded in 2012 by experts in the foreign exchange industry, including CEO Adam Katz.](https://millionrounds.com/company/kooltra) Kooltra is a Toronto-based fintech startup founded in 2012 by experts in the foreign exchange industry, including CEO Adam Katz. *Founded* 2012 Toronto, Canada **$5.0M** last round Oct 2018
- 24 [**goPeer** goPeer is a Canadian financial technology company that operates the country's leading peer-to-peer private credit marketplace.](https://millionrounds.com/company/gopeer) goPeer is a Canadian financial technology company that operates the country's leading peer-to-peer private credit marketplace. *Founded* 2019 Toronto, Canada **$773K** last round Aug 2022
- 25 [**Payfi Inc** Payfi is a Canadian fintech company providing rent guarantee on behalf of newcomers into Canada.](https://millionrounds.com/company/payfi-inc) Payfi is a Canadian fintech company providing rent guarantee on behalf of newcomers into Canada. *Founded* 2020 Toronto, Canada **$120K** last round Sept 2023

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back fintech startups in Toronto-Waterloo in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More fintech lists

[See all](https://millionrounds.com/top-lists?t=Fintech)

[*AF* *R* *S* **Fintech startups worldwide** 3,200 companies · $94B](https://millionrounds.com/top-lists/fintech-startups)[*R* *S* *K* **Fintech startups in the United States** 1,301 companies · $55B](https://millionrounds.com/top-lists/fintech-startups-united-states)[*S* *K* *FC* **Fintech startups in Europe** 749 companies · $30B](https://millionrounds.com/top-lists/fintech-startups-europe)[*R* *K* *R* **Fintech startups that raised in 2026** 665 companies · $30B in 2026](https://millionrounds.com/top-lists/fintech-startups-raised-2026)[*FC* *R* *C* **Fintech startups in the United Kingdom** 342 companies · $23B](https://millionrounds.com/top-lists/fintech-startups-united-kingdom)[*R* *K* *R* **Fintech startups in the United States that raised in 2026** 257 companies · $22B in 2026](https://millionrounds.com/top-lists/fintech-startups-united-states-raised-2026)[*K* *P* *I* **Fintech startups in New York** 217 companies · $21B](https://millionrounds.com/top-lists/fintech-startups-new-york)[*S* *R* *A* **Fintech startups in Bay Area** 212 companies · $22B](https://millionrounds.com/top-lists/fintech-startups-bay-area)

## More lists for Toronto-Waterloo

[See all](https://millionrounds.com/top-lists?r=Toronto-Waterloo)

[*C* *H8* *W* **AI startups in Toronto-Waterloo** 102 companies · $14B](https://millionrounds.com/top-lists/ai-startups-toronto-waterloo)[*DG* *DC* *B* **Health startups in Toronto-Waterloo** 92 companies · $1.7B](https://millionrounds.com/top-lists/health-startups-toronto-waterloo)[*T* *UA* *KC* **Deep tech startups in Toronto-Waterloo** 16 companies · $515M](https://millionrounds.com/top-lists/deep-tech-startups-toronto-waterloo)[*AP* *CP* *NR* **Energy startups in Toronto-Waterloo** 15 companies · $2.7B](https://millionrounds.com/top-lists/energy-startups-toronto-waterloo)