Best Digital Remittance Companies in Toronto, Canada
The 33 best Digital Remittance companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Buckzy.
Ranked: Best Digital Remittance companies in Toronto
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Buckzy Cross border money transfer service provider | $16M | 47 mo ago | Series A | Abdul Naushad President & CEO | 2018 | — | — |
| 2 | Capi Money Cross-border remittance and currency exchange solution for businesses | $500K | 20 mo ago | Series A | Scott Liddle Co-Founder | 2023 | TurbopackEmotionApple iCloud Mail+21 | — |
| 3 | Rail Payments infrastructure platform that provides a cross-border payment solution | — | 31 mo ago | Acquired | Bhanu Kohli Co-Founder & CEO | 2021 | ReactReact Routerstyled-components+7 | — |
| 4 | Ascendan Cross-border money transfer solutions for businesses | — | 45 mo ago | Late Stage | Shemina Jiwani CEO | 2011 | — | — |
| 5 | Apus Technology Provider of payment solutions for small to medium sized businesses | — | — | Unfunded | Cynthia Xin Co-Founder | 2023 | — | — |
| 6 | Asenso Remit Cross-border money transfer platform | — | — | Unfunded | Simon Roberts CEO | 2017 | — | — |
| 7 | Benefits on Madison Cross-border payment solution for businesses and individuals | — | — | Unfunded | — | 2012 | — | — |
| 8 | Blaaiz Cross-border remittance platform offering secure and seamless international money transfers | — | — | Unfunded | Ifelade Ayodele Founder & CEO | 2023 | Node.jsYouTubeTailwind CSS+15 | — |
Top 4 Digital Remittance companies in Toronto
#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
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
#3
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.
#4
Late Stage · Toronto, Ontario · founded 2011 · 83 employees—raised▾
Cross-border money transfer solutions for businesses
- Jan 2023PE—
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.