Best Digital Remittance Companies in Canada
The 84 best Digital Remittance companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Buckzy.
- ResearchAndMarkets.com
- Fact.MR
Ranked: Best Digital Remittance companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Buckzy Cross border money transfer service provider | $16M | 42 mo ago | Series A | Abdul Naushad President & CEO | 2018 | — | — |
| 2 | WorkerAppz Provider of remittance services | $2M | 60 mo ago | Seed | Praveen Chandiramani Co-Founder & Chairman | 2018 | — | — |
| 3 | YallaXash Cross-border money transfer app | $675K | 59 mo ago | Series A | Emir Lallouche Co-Founder & CEO | 2017 | — | — |
| 4 | Global Expat Pay Cross-border remittance solution for businesses | $649K | 23 mo ago | Seed | — | 2019 | — | 1 job opening |
| 5 | Capi Money Cross-border remittance and currency exchange solution for businesses | $500K | 16 mo ago | Series A | Scott Liddle Co-Founder | 2023 | TurbopackEmotionApple iCloud Mail+21 | — |
| 6 | Lean Payments Cross-border payment solutions for businesses | $30K | 84 mo ago | Seed | Nadir Ibrahim Co-Founder | 2016 | — | — |
| 7 | Rail Payments infrastructure platform that provides a cross-border payment solution | — | 26 mo ago | Acquired | Bhanu Kohli Co-Founder & CEO | 2021 | ReactReact Routerstyled-components+7 | — |
| 8 | Ascendan Cross-border money transfer solutions for businesses | — | 41 mo ago | Late Stage | Shemina Jiwani CEO | 2011 | — | — |
Top 9 Digital Remittance companies in Canada
#1
Series A · Toronto, Ontario · founded 2023$500Kraised▾
Cross-border remittance and currency exchange solution for businesses. Enables businesses to pay their international suppliers, payments for importers, international invoice payments, and more through mobile transfers. Provides real-time updates on transfers with currency exchange solutions.
- Feb 2025Series A$18M
- 2023Seed$500K
- May 2023Seed$1.5M
#2
Seed · Canada · founded 2019 · 22 employees$648.6Kraised▾
Cross-border remittance solution for businesses
- Jul 2024Venture Debt$648.6K
- May 2023Seed—
- Jan 2022Seed—
#3
Series A · Toronto, Ontario · founded 2018 · 62 employees$16.2Mraised▾
Cross border money transfer service provider. Provides money transfers for consumers and small businesses. Services offered include bank account transfers, digital wallet transfers, email money transfers, multi-currency transfers, personal bill payments, and local currency wallets.
- Dec 2022Series A$14.5M
- Apr 2019Seed$1.8M
#4
Seed · Brampton, Ontario · founded 2018 · 25 employees$1.5Mraised▾
Provider of remittance services
- Jun 2021Seed$1.5M
#5
Series A · Montreal, Montreal · founded 2017 · 3 employees$675Kraised▾
Developer of money transfer application designed to provide a cross-border money transfer service. The company's platform aims to facilitate transfer operations, increase speed, guarantee confidentiality, ensure security and reduce costs, enabling customers to transfer their money easily, securely, and without any hassle.
#6
Seed · Waterloo, Ontario · founded 2016$30Kraised▾
Lean Payment provides cross border payment solutions for small and medium-sized businesses. It features online payment gateway for international customers. It offers money transfer, payment acceptance, and payment tracking tools for businesses.
- Jun 2019Seed$30K
#7
Acquired · Toronto, Ontario · founded 2021—raised▾
Payments infrastructure platform that provides a cross-border payment solution. It enables payment processors, fintechs, and neobanks to offer reliable cross-border payments quickly. It provides a secure and scalable solution for fast and seamless global money transfers. Its platform is designed to simplify the complexities of cross-border payments, making it easier for businesses to expand their global reach.
#8
Late Stage · Toronto, Ontario · founded 2011 · 83 employees—raised▾
Cross-border money transfer solutions for businesses
- Jan 2023PE—
#9
Seed · Mississauga, Ontario · founded 2014 · 36 employees—raised▾
Remitbee provides a platform for people in Canada to transfer money globally across 8 countries. The user transfers money to Remitbee's account, either through Interac e-transfer or Visa debit cards. Remitbee also provides an e-wallet to the user can which can be loaded using Interac or bill payment methods. The beneficiary can receive the money directly into account, cash pick up or mobile airtime. The company charges service fee as low as $2.99. It is incubated by 500 startups.
- Jul 2015Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Digital Remittance coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Digital Payments is moving in Canada
A read on the academic research around Digital Payments — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 183 Canada-affiliated papers.
- Bank of Canada41
- University of British Columbia7
- Assumption University7
- Ministry of Health7
- Toronto Metropolitan University6
- Payment system1→4
- Mobile payment3→5
- Mobile payment7→17
- Payment system1→4
- Payment system3→16
- Mobile payment8→11
- Settlement (finance)1→4
- Payment service provider2→4
Where digital payments is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing digital payments patents in Canada
Canada digital payments patent filing is cooling — 221 filings from 112 assignees (2016–2025), led by Canada 10353744, Riavera, JJ Mackay Canada; annual filings 107→3.
- Canada 10353744136
- Riavera24
- JJ Mackay Canada20
- Itwaru MARK19
- Research IN Motion13
- ROY Matthew11
- Moneris Solutions7
- Instant Financial6
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.