111 indexable Banking Tech companies headquartered in Ontario, Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $650.9M across 39 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Relay
Digital business banking platform that helps small businesses manage cash flow with multi-account structures |
$51.6M | — | Series C | Series C May 2026 | 128 | 2018 | ↑ Active |
| 2 |
Clip Money
Provider of alternative cash deposit solutions |
$15M | — | Public | Post IPO Jul 2025 | 21 | 2018 | ↑ Active |
| 3 |
Tenet
Platform offers software for credit risk management |
$21.3M | — | Public | Post IPO Mar 2025 | 148 | 2008 | ↑ Active |
| 4 |
Chexy
Rent payment with credit builder solution for tenants |
$974.4K | — | Series A | Series A Mar 2026 | 10 | 2022 | ↑ Active |
| 5 |
Loop Financial
Provider of multi-currency business banking solutions. It offers corporate credit cards, international payment processing, and access to local accounts in multiple currencies. The platform aims to streamline cross-border transactions, eliminating fees and simplifying financial management for businesses operating internationally. Services include expense management tools and capital access options. The platform is designed to reduce the complexities and costs associated with global banking for businesses. |
$7.7M | — | Series A | Series A May 2025 | — | — | ↑ Active |
| 6 |
NorthOne
Digital bank for businesses |
$90.3M | — | Series B | Series B Oct 2022 | 62 | 2016 | — |
| 7 |
Layer2 Financial
Platform offering crypto banking-as-a-service |
$10.2M | — | Series A | Mar 2024 | 14 | 2021 | — |
| 8 |
Senso
Customer engagement and retention platform |
$4.8M | — | Series A | Series A 2024 | 18 | 2016 | — |
| 9 |
Borrowell
Provider of a credit monitoring and financial products comparison platform |
$53.6M | — | Series B | Series B Feb 2021 | 109 | 2014 | — |
| 10 |
SecureKey
Cloud-based identity verification solutions |
$71.2M | — | Acqui-Hired | Grant (prize money) Nov 2019 | 116 | 2008 | — |
| 11 |
Dealnet Capital
Loan life cycle management software for consumer loans |
$82M | — | Acquired | Conventional Debt Oct 2019 | 288 | 1986 | — |
| 12 |
FutureVault
Document management solution |
$345.1K | — | Series A | Series A Mar 2025 | 33 | 2013 | ↑ Active |
| 13 |
ProNavigator
AI-based insurance chatbot for brokers |
$16M | — | Acquired | Series B Sep 2022 | 38 | 2016 | — |
| 14 |
Tier1
Customer relationship management software for financial institutions |
$34M | — | Acquired | Series B Jan 2022 | 162 | 2008 | — |
| 15 |
Buckzy
Cross border money transfer service provider |
$16.2M | — | Series A | Series A Dec 2022 | 62 | 2018 | — |
| 16 |
Flybits
Banking channel for enterprises |
$50M | — | Series C | Series C Jul 2019 | 79 | 2013 | — |
| 17 |
Zafin
Banking software solutions to the financial services industry |
$32.2M | — | Acquired | Series B Jan 2019 | 51 | 2002 | — |
| 18 |
Uplinq
Provider of API-based credit risk signals for banks and credit institutions |
$5.3M | — | Seed | Seed Feb 2023 | 16 | 2021 | — |
| 19 |
NexJ
Customer management solution for financial industries |
$22.5M | — | Acquired | Post IPO May 2011 | 100 | 2003 | — |
| 20 |
Private AI
Developer of PII identification, de-identification, and data anonymization software |
$3.5M | — | Series A | Series A Nov 2022 | 31 | 2019 | — |
| 21 |
VeriFast
Platform offering identity verification and authentication services |
$3.5M | — | Seed | Seed Sep 2022 | 20 | 2019 | — |
| 22 |
RateHub
Mortgage comparison platform |
$12M | — | Acquired | Series A Jan 2018 | 180 | 2010 | — |
| 23 |
Advantage Platforms
AI-based loan origination software |
$1.2M | — | Seed | Seed Jul 2023 | — | 2018 | — |
| 24 |
Finaeo
Cloud based platform offering insurance solutions |
$6M | — | Deadpooled | Series A May 2020 | 21 | 2016 | — |
| 25 |
SAVVYY
Software for loan life cycle management |
$4.6M | — | Seed | Seed Nov 2021 | 39 | 2017 | — |
| 26 |
Ario
Banking as a service platform |
$10M | — | Acqui-Hired | Series A Nov 2018 | 21 | 2018 | — |
| 27 |
Covarity
commercial loan monitoring |
$8.5M | — | Acqui-Hired | Series A Sep 2010 | 11 | 2001 | — |
| 28 |
TODAQ
Open banking API solutions for micropayments |
$5M | — | Series A | Series A Oct 2019 | 12 | 2017 | — |
| 29 |
PitchPoint Solutions
Credit risk solutions for lenders |
$2.8M | — | Series A | Conventional Debt Mar 2021 | 20 | 2003 | — |
| 30 |
Salt Edge
Financial API platform with PSD2 and open banking solutions for businesses |
$3M | — | Series A | Series A Oct 2018 | 125 | 2013 | — |
| 31 |
Clik
Provider of AI-enabled platform for underwriting of real estate deals |
$2M | — | Seed | Seed Oct 2020 | 33 | 2017 | — |
| 32 |
Doorr
Brokerage management software |
$1.6M | — | Acqui-Hired | Seed May 2020 | 20 | 2018 | — |
| 33 |
Every
Digital bank for businesses |
$1.1M | — | Acquired | Seed Jun 2018 | 7 | 2017 | — |
| 34 |
TruDecision
Provider of AI data analytics services |
$511.4K | — | Seed | Seed Dec 2018 | — | 2017 | — |
| 35 |
Reeple
Internet first bank through partnership for immigrants |
$20K | — | Seed | Seed 2023 | — | 2022 | — |
| 36 |
Jauntin
AI based mobile underwriting platform |
$40K | — | Seed | Seed Jun 2022 | 5 | 2015 | — |
| 37 |
Distributed ID
Open banking API for sharing payment & identity data |
$120K | — | Deadpooled | Seed 2018 | 1 | 2016 | — |
| 38 |
Arc Pay Corporation
Provider of a digital banking platform for consumers |
$37.9K | — | Deadpooled | Seed Dec 2019 | — | 2018 | — |
| 39 |
Betterworth
AI-based CRM solutions |
$30K | — | Seed | Seed Jun 2019 | 2 | 2014 | — |
| 40 |
Spendsafe
Provider of a platform and card for youth financial management |
— | — | Seed | Seed Nov 2025 | — | 2019 | ↑ Active |
| 41 |
Cogniframe
ML enabled Cognitive as a Service platform for community lending |
— | — | Seed | Seed Feb 2024 | — | 2016 | — |
| 42 |
Commercial Passport
KYC solutions for the financial services industry |
— | — | Seed | Seed Sep 2018 | 4 | 2014 | — |
| 43 |
Acies
Developer of software providing data visualization and reporting dashboard solutions |
— | — | Unfunded | — | 5 | 2019 | — |
| 44 |
Adaptive Finance Technologies
Provider of AI-driven investment management solutions |
— | — | Funding Raised | — | — | 2018 | — |
| 45 |
APEXA
Compliance management for insurance industry |
— | — | Acquired | — | 27 | 2014 | — |
| 46 |
ASAPP
Account opening solution and loan origination solutions |
— | — | Unfunded | — | — | 2017 | — |
| 47 |
Axcess Canada
Provides loan or mortgage origination and servicing solutions |
— | — | Unfunded | — | 7 | 2007 | — |
| 48 |
Binaxity
Provider of mortgage solutions for finance management |
— | — | Unfunded | — | — | 2024 | — |
| 49 |
blanc labs
Blanc Labs is a digital transformation company for financial services and healthcare. |
— | — | Private | — | 193 | 2016 | — |
| 50 |
BluRoot
Software solutions for insurance agencies and mortgage brokers |
— | — | Unfunded | — | — | 2013 | — |
Digital business banking platform that helps small businesses manage cash flow with multi-account structures. It lets businesses create multiple checking and savings accounts to organize cash flows by purpose—such as payroll, taxes, income, and operating expenses—giving owners clearer visibility and control over spending. It includes tools for issuing debit and credit cards, setting spending limits, automating ex
Provider of alternative cash deposit solutions. It enables consumers to deposit cash in their respective bank accounts at gas stations, grocery stores, convenience stores, partnered merchant outlets, and more. It also provides solutions to merchants for adding cash banking in stores. It offers an app-based platform for finding the cash deposit outlet. The app is available on iOS stores.
Platform offers software for credit risk management. It offers a solution that enables banks and financial institutions to manage business credit risks by connecting with SMEs, brokers, and data providers. It uses artificial intelligence and analytics to qualify borrowers based on their financial profiles.
Rent payment with credit builder solution for tenants. The company's platform allows tenants to send money online to their landlords, earn rewards, and built credit points and also facilitates the points to be redeemed in order to access exclusive membership perks and discounts.
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Digital bank for businesses. Its services include business accounts, NFC-enabled prepaid cards for online/offline purchases, bill payments, money transfers, and more. Users can view account details, transaction details, and generate account reports through the application. Businesses can integrate the bank account with other business applications through APIs.
Developer of Banking-as-a-Service platform designed to offer Crypto Banking and other banking products to its users. The company's banking platform is secure and crypto-regulated and provides various financial services like a book of record, qualified custody, fraud controls software, and crypto lending services, allowing financial institutions to provide crypto-native products to customers with advanced and secured
Customer engagement and retention platform. It offers a solution for sales and customer service teams that enables borrowers engagement with home finance management. Its real-time analytics platform assists sales and service teams with customer management using machine learning. It enables sales and support teams to communicate with customers in personalized ways throughout the journey. It uses deep learning technolo
Provider of a credit monitoring and financial products comparison platform. It provides users with a platform where users have to register on the platform for access to credit reports. It offers personalized product recommendations and credit improvement tips based on the credit report. Allows users to compare credit cards, personal loans, mortgages, bank accounts, home and auto insurance and investment products.
Cloud-based identity verification solutions. It is a digital identity and authentication service provider that offers access to online services and applications, to identity network and cryptographic technologies to enable transactions.
Dealnet Capital provides loan life cycle management software to banks and financial institutions for consumer loans. Its solutions include loan origination and loan servicing software. Its product includes EcoHome that is a platform for home financing and OneContact for loan servicing, lead generation, data management, and more. It also provides a customer engagement focused finance platform to lenders.
FutureVault provides a document management solution. Users can store, organize and share personal, financial & legal documents with the Digital Collaborative Vault. The company offers white label SaaS solution to, reward & retain clients, members and employees. The solution helps companies to provide their end users with the ability to digitally deposit, store, and manage their information. Serves multiple industries
BDC
DMZ Ventures
Luge Capital
MaRS Discovery District
OneEleven
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Techstars
Canadian Imperial Bank of Commerce
Conconi Growth Partners
Inovia Capital
MaRS IAF
TD Bank
The DMZ
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.
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