Radar Companies FinTech · Toronto
Radar · FinTech in Toronto

Best FinTech Companies in Toronto, Canada

The 898 best FinTech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Pineapple.

898companies tracked
$8.7Bdisclosed funding
3unicorns
259have raised
FLIAR INTELLIGENCE · FINTECH × TORONTO

Our analysis of 65 FinTech companies

$7.7b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

65companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2018median founding year
908kcombined LinkedIn audience
47%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best FinTech companies in Toronto

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderTech stackPatents & IP focusRecent signals
1Pineapple
Online platform for residential mortgages
42Funding top 27%Tech top 38%Growth top 50%Market bottom 46%
All 7 signals ▾
Fundingtop 27%
Techtop 38%
Growthtop 50%
Marketbottom 46%
Moatbottom 38%
Fin. healthbottom 36%
Globalbottom 32%
Funding: Raised $1.2B across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Netlify
rank vs industry peers · Fliar Intelligence Index 42/100
$1.2B9 mo ago2592016SanityApple iCloud MailGoogle Workspace+191 job opening
2Clearco 🦄
Revenue-based financing solution
76Funding top 20%Product top 25%Moat top 26%Innovation top 28%
All 10 signals ▾
Fundingtop 20%
Producttop 25%
Moattop 26%
Innovationtop 28%
Newstop 34%
Markettop 35%
Growthtop 40%
Techtop 41%
Globaltop 42%
Talentbottom 49%
Funding: Raised $905M across 8 rounds · 8 rounds over 7 yrs (1.1/yr)
Product: 4 product launch events in 12 mo, 1 the year before · Company stage: Series D
rank vs industry peers · Fliar Intelligence Index 76/100
$905M32 mo ago3152015Michele Romanow
Co-Founder & Executive Chairman
Webflow EcommerceWebflowSalesforce+28
3Wealthsimple 🦄
Provider of financial services including investing, trading, saving, and borrowing
76Tech top 9%Funding top 13%Moat top 32%Talent top 38%
All 12 signals ▾
Techtop 9%
Fundingtop 13%
Moattop 32%
Talenttop 38%
Producttop 41%
Newstop 42%
Customerstop 42%
Markettop 43%
Growthtop 43%
Globaltop 45%
Innovationtop 46%
Patentsbottom 31%
Tech: 92 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses
Funding: Raised $901M across 9 rounds · 9 rounds over 12 yrs (0.8/yr)
rank vs industry peers · Fliar Intelligence Index 76/100
$901M7 mo ago292014Michael Katchen
Co-Founder & CEO
ContentfulSentryZendesk+344 patents
Financial transaction data processing and real-time notification infrastructure for fintech platforms
2 launchs · 1 partnership
4Bitfarms
Cloud mining solutions for cryptocurrency
76Funding top 12%Growth top 35%Tech top 36%Talent top 37%
All 8 signals ▾
Fundingtop 12%
Growthtop 35%
Techtop 36%
Talenttop 37%
Newstop 39%
Markettop 41%
Globaltop 46%
Moattop 48%
Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr)
Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 76/100
$855M7 mo ago1402017Bonta Nicolas
Founder & Chairman at Bitfarms
DrupalApple iCloud MailMicrosoft 365+31
5Vena Marketing
Provider of financial planning and analysis platform for business performance
72Funding top 22%News top 30%Moat top 31%Innovation top 34%
All 10 signals ▾
Fundingtop 22%
Newstop 30%
Moattop 31%
Innovationtop 34%
Growthtop 37%
Talenttop 38%
Producttop 39%
Markettop 40%
Techtop 43%
Globalbottom 37%
Funding: Raised $385M across 6 rounds · 6 rounds over 14 yrs (0.4/yr)
News: 3 BI events in 12 mo (of 24 tracked, 5 types) · Top themes: Funding, M&A
rank vs industry peers · Fliar Intelligence Index 72/100
$385M14 mo ago7362011Rishi Grover
Co-Founder
HubSpot CMS HubSentryZendesk+291 award
6KOHO
Internet-first bank for individuals
76Funding top 18%Customers top 18%Tech top 24%Talent top 28%
All 12 signals ▾
Fundingtop 18%
Customerstop 18%
Techtop 24%
Talenttop 28%
Moattop 31%
Innovationtop 32%
Producttop 37%
Markettop 41%
Partnerstop 41%
Growthbottom 47%
Globalbottom 37%
Newsbottom 24%
Funding: Raised $356M across 11 rounds · 11 rounds over 11 yrs (1.0/yr)
Customers: Play-Store rating 4.79★ across 72,587 ratings (1 apps) · Marquee-customer mentions: top 30% of tracked companies
rank vs industry peers · Fliar Intelligence Index 76/100
$356M14 mo ago2702014Joshua Bixby
Founder & Investor
Amazon WebstoreSentryApple iCloud Mail+382 launchs · 1 award
7League
Provider of SaaS based digital platform to manage employee health benefits
80Tech top 18%Funding top 23%Innovation top 27%Patents top 27%
All 12 signals ▾
Techtop 18%
Fundingtop 23%
Innovationtop 27%
Patentstop 27%
Moattop 31%
Growthtop 35%
AItop 45%
Customerstop 45%
Producttop 46%
Marketbottom 47%
Globalbottom 41%
Newsbottom 37%
Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Funding: Raised $242M across 5 rounds · 5 rounds over 12 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 80/100
$242M15 mo ago1362014WordPress Block EditorUnbounceWordPress+4518 patents
AI-driven personalized content, activity recommendation, and wearable behavior analytics platforms.
1 launch · 1 partnership
8Loopio
AI powered RFP software
$209M62 mo ago2902014Zakir Hemraj
Co-Founder & CEO
WordPress Site EditorWordPressSentry+361 launch
9Float
Streamlining business expenses and financial management
67Funding top 18%Tech top 24%Talent top 28%Moat top 40%
All 7 signals ▾
Fundingtop 18%
Techtop 24%
Talenttop 28%
Moattop 40%
Growthtop 45%
Globalbottom 48%
Marketbottom 47%
Funding: Raised $202M across 4 rounds · 4 rounds over 5 yrs (0.8/yr)
Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 67/100
$202M4 mo ago2019Griffin Keglevich
Co-Founder
WordPress Block EditorWordPressSentry+45
10FreshBooks 🦄
Provider of accounting software for invoicing, billing, payments, and payroll
69Tech top 18%Moat top 26%Funding top 29%Global top 31%
All 12 signals ▾
Techtop 18%
Moattop 26%
Fundingtop 29%
Globaltop 31%
Customerstop 33%
Markettop 34%
Talenttop 38%
Producttop 43%
AItop 45%
Growthbottom 39%
Fin. healthbottom 32%
Newsbottom 27%
Tech: 75 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Moat: Editorial + unicorn rating 9/10 · Unicorn
rank vs industry peers · Fliar Intelligence Index 69/100
$154M14 mo ago6732003Mike McDerment
Co-Founder & CEO
SentryAtlassian StatuspageApple iCloud Mail+381 partnership
11Quad-Fi
Online lending solution for students to provide education financing
11Funding top 33%Talent bottom 49%Global bottom 37%Market bottom 15%
All 4 signals ▾
Fundingtop 33%
Talentbottom 49%
Globalbottom 37%
Marketbottom 15%
Funding: Raised $121M across 2 rounds · 2 rounds over 4 yrs (0.5/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 11/100
$121M33 mo ago132018Mo Nikjoo
Co-Founder & CEO
12Hut 8 Mining
Digital asset mining and performance computing solutions for individuals
$116M53 mo ago712011Jaime Leverton
Chief Executive Officer
1 expansion
13Ledn
Blockchain-based & crypto-backed lending platform
57Funding top 25%Moat top 28%Tech top 29%Growth top 35%
All 9 signals ▾
Fundingtop 25%
Moattop 28%
Techtop 29%
Growthtop 35%
Producttop 46%
Newsbottom 46%
Marketbottom 42%
Customersbottom 40%
Globalbottom 38%
Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 57/100
$104M6 mo ago542018SentryZendeskApple iCloud Mail+31
14Brim Financial
NFC-enabled credit card payment solution for individuals
37Funding top 30%Moat top 31%Talent top 44%Growth top 45%
All 9 signals ▾
Fundingtop 30%
Moattop 31%
Talenttop 44%
Growthtop 45%
Producttop 46%
Newsbottom 46%
Techbottom 44%
Globalbottom 36%
Marketbottom 33%
Funding: Raised $102M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 37/100
$102M26 mo ago442017Rasha Katabi
Co-Founder & CEO
PHPBootstrapApache HTTP Server+17
15NorthOne
Digital bank for businesses
50Tech top 23%Moat top 31%Funding top 33%Talent top 34%
All 10 signals ▾
Techtop 23%
Moattop 31%
Fundingtop 33%
Talenttop 34%
Producttop 46%
Customerstop 47%
Globalbottom 48%
Marketbottom 42%
Growthbottom 35%
Newsbottom 27%
Tech: 54 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 50/100
$90M44 mo ago622016Justin Adler
Co-Founder
WebflowProton MailApple iCloud Mail+37
16Properly
Provider of end to end online brokerage services for buying and selling residential properties
$75M47 mo ago662018Anshul Ruparell
Co-Founder & CEO
17FundThrough
Online platform for invoice financing focused on small businesses
53Funding top 30%Moat top 31%Growth top 33%Tech top 45%
All 8 signals ▾
Fundingtop 30%
Moattop 31%
Growthtop 33%
Techtop 45%
Talentbottom 49%
Marketbottom 44%
Globalbottom 36%
Newsbottom 21%
Funding: Raised $65.5M across 7 rounds · 7 rounds over 11 yrs (0.6/yr)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 53/100
$66M13 mo ago1002014Steven Uster
Co-Founder
WordPressMySQLPHP+352 awards
18PureFacts
CRM solutions for wealth managers
$52M38 mo ago1232010Robert Madej
Founder & CEO
2 awards
19Relay
Digital business banking platform that helps small businesses manage cash flow with multi-account structures
82Tech top 19%Funding top 26%Customers top 31%Moat top 31%
All 11 signals ▾
Techtop 19%
Fundingtop 26%
Customerstop 31%
Moattop 31%
Growthtop 35%
Talenttop 38%
Producttop 40%
Markettop 45%
AItop 45%
Globalbottom 46%
Newsbottom 22%
Tech: 66 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Funding: Raised $51.6M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 82/100
$52M1 mo ago1282018Paul Klicnik
Co-Founder & VP Engineering
ContentfulTurbopackApple iCloud Mail+38
20CryptoStar
Hardware-based cryptocurrency mining solutions
40Funding top 24%Talent bottom 49%News bottom 36%Global bottom 29%
All 4 signals ▾
Fundingtop 24%
Talentbottom 49%
Newsbottom 36%
Globalbottom 29%
Funding: Raised $46.2M across 9 rounds · 9 rounds over 7 yrs (1.3/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 40/100
$46M5 mo ago2017David Jellins
CEO
21Boosted
Developer of AI platform for investment research and analysis workflows
57AI top 20%Funding top 32%Talent top 38%Moat top 39%
All 9 signals ▾
AItop 20%
Fundingtop 32%
Talenttop 38%
Moattop 39%
Growthtop 45%
Techbottom 46%
Marketbottom 41%
Globalbottom 39%
Newsbottom 27%
AI: Classified as an AI company
Funding: Raised $43.0M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 57/100
$43M18 mo ago782017Nicholas Abe
Co-Founder & COO
WebflowPostHogLinkedin Insight Tag+17
22Tenet Computer Group
Provider of auto financing solutions for buying electric vehicles
35Tech top 35%Talent top 38%Funding top 42%Fin. health bottom 49%
All 7 signals ▾
Techtop 35%
Talenttop 38%
Fundingtop 42%
Fin. healthbottom 49%
Globalbottom 45%
Marketbottom 37%
Growthbottom 25%
Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 35/100
$28M31 mo ago392021Andreas Wallendahl
Co-Founder & CEO
ContentfulSentryApple iCloud Mail+25
23Trolley
Manufacturer of trolleys and trams
60Tech top 24%Product top 30%Innovation top 39%Funding top 39%
All 11 signals ▾
Techtop 24%
Producttop 30%
Innovationtop 39%
Fundingtop 39%
AItop 45%
Talentbottom 49%
Growthbottom 47%
Marketbottom 44%
Moatbottom 38%
Globalbottom 37%
Newsbottom 34%
Tech: 59 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Product: 12 distinct product lines · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 60/100
$25M20 mo ago1052015Tim Nixon
Founder & CEO
WordPressCart FunctionalityApple iCloud Mail+41
24d1g1t
Online platform offering wealth management solutions for advisers and investors
62Funding top 32%Product top 32%Tech top 34%Growth top 35%
All 11 signals ▾
Fundingtop 32%
Producttop 32%
Techtop 34%
Growthtop 35%
Innovationtop 36%
Moattop 39%
Newstop 44%
Talentbottom 49%
Marketbottom 46%
Globalbottom 39%
Partnersbottom 35%
Funding: Raised $24.3M across 4 rounds · 4 rounds over 8 yrs (0.5/yr)
Product: 1 product launch event in 12 mo, 2 the year before · 4 distinct product lines
rank vs industry peers · Fliar Intelligence Index 62/100
$24M11 mo ago1012014Philippe Rouanet
Co-Founder and COO
WordPressMySQLPHP+273 job openings · 1 partnership · 1 award
25Tenet
Platform offers software for credit risk management
53Funding top 35%Growth top 35%Product top 35%News top 40%
All 9 signals ▾
Fundingtop 35%
Growthtop 35%
Producttop 35%
Newstop 40%
Innovationtop 45%
AItop 45%
Marketbottom 42%
Techbottom 41%
Globalbottom 29%
Funding: Raised $21.3M across 7 rounds · 7 rounds over 4 yrs (1.8/yr)
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 53/100
$21M15 mo ago1482008WebflowHubSpot CMS HubHubSpot+13
26XTM
Provider of earned wage access platform for service-focused businesses
$21M30 mo ago2006Marilyn Schaffer
Chief Executive Officer
WixSentryBootstrap+20
27APX Lending
Digital platform offering cryptocurrency loans
37Growth top 35%Tech top 36%Funding top 48%Talent bottom 49%
All 8 signals ▾
Growthtop 35%
Techtop 36%
Fundingtop 48%
Talentbottom 49%
Innovationbottom 47%
Productbottom 47%
Globalbottom 32%
Marketbottom 22%
Growth: Fresh capital in last 24 mo
Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare
rank vs industry peers · Fliar Intelligence Index 37/100
$20M13 mo ago2023Andrei Poliakov
Founder & CEO
WebflowCart FunctionalityBootstrap+23
28Blue J
Provider of an AI tax research solution for accounting professionals
64AI top 20%Talent top 28%Funding top 34%Growth top 35%
All 11 signals ▾
AItop 20%
Talenttop 28%
Fundingtop 34%
Growthtop 35%
Moattop 37%
Techtop 40%
Innovationtop 49%
Globalbottom 43%
Newsbottom 42%
Patentsbottom 41%
Marketbottom 37%
AI: Classified as an AI company
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 64/100
$16M10 mo ago542015Brett Janssen
Co-Founder & CTO
WebflowSalesloftHubSpot+286 patents
Plate-shaped catalyst layers for fuel cell/electrolyzer electrodes
2 job openings
29PolicyMe
Online life insurance comparison platform for individuals
64Tech top 25%Market top 35%Talent top 38%Moat top 39%
All 8 signals ▾
Techtop 25%
Markettop 35%
Talenttop 38%
Moattop 39%
Fundingtop 43%
Growthbottom 48%
Globalbottom 39%
Newsbottom 18%
Tech: 47 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront
Market: 2,802 employees (top 2% of FinTech) · Top-1,000,000 web property
rank vs industry peers · Fliar Intelligence Index 64/100
$16M14 mo ago2,8022018Andrew Ostro
Co-Founder & CEO
WebflowSentryMarker+35
30Mogul Productions
Crowdfunding platform focused on film productions
8Funding top 50%Talent bottom 49%Global bottom 38%Market bottom 15%
All 4 signals ▾
Fundingtop 50%
Talentbottom 49%
Globalbottom 38%
Marketbottom 15%
Funding: Raised $15.2M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 8/100
$15M23 mo ago122019Michael Colley
Owner & CEO
31Venn
Financial technology company offering end to end platform for businesses
67Tech top 24%Growth top 28%Talent top 38%Funding top 42%
All 6 signals ▾
Techtop 24%
Growthtop 28%
Talenttop 38%
Fundingtop 42%
Marketbottom 47%
Globalbottom 45%
Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront
Growth: Web rank 5,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 67/100
$15M15 mo ago2021Saud Aziz
Co-Founder
Webflow EcommerceWebflowKnockout.js+30
32Clip Money
Provider of alternative cash deposit solutions
32Product top 28%Funding top 34%Moat top 45%Growth top 47%
All 11 signals ▾
Producttop 28%
Fundingtop 34%
Moattop 45%
Growthtop 47%
Techtop 49%
Patentsbottom 49%
Talentbottom 49%
Innovationbottom 48%
Newsbottom 47%
Globalbottom 37%
Marketbottom 25%
Product: 1 published app (1.0k installs) · Company stage: Public
Funding: Raised $15.0M across 5 rounds · 5 rounds over 4 yrs (1.2/yr)
rank vs industry peers · Fliar Intelligence Index 32/100
$15M11 mo ago212018Joseph Arrage
Co-Founder
Framer SitesReactAmazon Web Services+173 patents
Cash deposit processing systems for fintech platforms
33Micruity
Finance company offering pension management solutions
11Funding top 35%Moat top 39%News top 44%Global bottom 39%
All 6 signals ▾
Fundingtop 35%
Moattop 39%
Newstop 44%
Globalbottom 39%
Marketbottom 27%
Techbottom 25%
Funding: Raised $14.2M across 6 rounds · 6 rounds over 7 yrs (0.9/yr)
Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 11/100
$14M10 mo ago252017WordPressApple iCloud MailGoogle Workspace+15
34Lydia AI
AI-powered platform offering health assessment and risk scoring services to insurance companies
53Talent top 28%AI top 30%Funding top 44%Tech top 44%
All 9 signals ▾
Talenttop 28%
AItop 30%
Fundingtop 44%
Techtop 44%
Growthtop 45%
Productbottom 48%
Globalbottom 38%
Marketbottom 31%
Newsbottom 22%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
AI: Classified as an AI company · Product described with: ai-powered
rank vs industry peers · Fliar Intelligence Index 53/100
$14M17 mo ago402014Fedor Suprychev
Co-Founder & Software Engineering Lead
WordPressMySQLPHP+19
35Merrco
Provider of payment processing services
$11M24 mo ago332016
36Foxquilt
Platform enabling formation of social groups to avail insurance savings
42Growth top 35%Moat top 39%Tech top 41%Funding top 44%
All 10 signals ▾
Growthtop 35%
Moattop 39%
Techtop 41%
Fundingtop 44%
Producttop 49%
Talentbottom 49%
Innovationbottom 46%
Globalbottom 36%
Marketbottom 35%
Newsbottom 21%
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 7/10 · 10 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 42/100
$11M13 mo ago522016Mark Morissette
Founder & CEO
SanityApple iCloud MailGoogle Workspace+201 partnership
37Una Software
Provider of platform for financial planning and analysis solutions
42AI top 26%Talent top 38%Partners top 45%Funding top 46%
All 11 signals ▾
AItop 26%
Talenttop 38%
Partnerstop 45%
Fundingtop 46%
Moattop 48%
Innovationbottom 45%
Growthbottom 42%
Marketbottom 40%
Productbottom 39%
Globalbottom 37%
Newsbottom 27%
AI: Classified as an AI company · Product described with: ai powered, ai-driven
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 42/100
$10M4 mo ago2023Don Mal
Co-Founder & Chairman
38Walnut Insurance
Insurance product launch solution for businesses
37Tech top 29%Growth top 35%Funding top 45%Global bottom 29%
All 6 signals ▾
Techtop 29%
Growthtop 35%
Fundingtop 45%
Globalbottom 29%
Marketbottom 24%
Newsbottom 18%
Tech: 40 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 37/100
$9M22 mo ago192017WebflowUnbounceAmazon Web Services+213 job openings · 1 partnership
39Loop Financial
Provider of multi-currency business banking solutions.
48Tech top 29%Growth top 35%Funding top 45%Talent bottom 49%
All 7 signals ▾
Techtop 29%
Growthtop 35%
Fundingtop 45%
Talentbottom 49%
Productbottom 48%
Globalbottom 37%
Marketbottom 34%
Tech: 45 technologies across 5/8 capability areas · Cloud: Amazon Web Services, Cloudflare
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 48/100
$8M13 mo agoCato Pastoll
Co-Founder & CEO
WebflowEmotionTypekit+24
40Paperstack
Provider of operation management solutions for e-commerce brands
14Talent top 38%Funding top 41%Tech bottom 42%Global bottom 37%
All 5 signals ▾
Talenttop 38%
Fundingtop 41%
Techbottom 42%
Globalbottom 37%
Marketbottom 15%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $6.7M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 14/100
$7M10 mo ago42021Vadim Lidich
Co-Founder
Webflow EcommerceWebflowcore-js+10
41Armilla AI
Provider of AI insurance and AI software performance warranties for businesses
10AI top 30%Funding top 45%Moat top 48%Talent bottom 49%
All 8 signals ▾
AItop 30%
Fundingtop 45%
Moattop 48%
Talentbottom 49%
Globalbottom 39%
Newsbottom 22%
Marketbottom 18%
Fin. healthbottom 8%
AI: Classified as an AI company · Product described with: generative ai
Funding: Raised $4.7M across 4 rounds · 4 rounds over 5 yrs (0.8/yr)
rank vs industry peers · Fliar Intelligence Index 10/100
$5M12 mo ago92020Karthik Ramakrishnan
Co-Founder & CEO
1 partnership
42Cybrid
Provider of API infrastructure for stablecoin payments, compliance, and treasury
50Growth top 20%Talent top 28%Tech top 44%News top 44%
All 10 signals ▾
Growthtop 20%
Talenttop 28%
Techtop 44%
Newstop 44%
Fundingbottom 49%
Innovationbottom 45%
Productbottom 45%
Moatbottom 38%
Globalbottom 32%
Marketbottom 30%
Growth: Web rank 10,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 50/100
$4M7 mo ago132021Ali Irshad
Co-Founder & Head of Sales & Partnerships
WebflowThree.jsGSAP+24
43StableCorp
Decentralized stable coin used for enabling B2B payments
13Funding top 48%Moat top 48%Talent bottom 49%News bottom 42%
All 7 signals ▾
Fundingtop 48%
Moattop 48%
Talentbottom 49%
Newsbottom 42%
Techbottom 39%
Globalbottom 39%
Marketbottom 21%
Funding: Raised $3.1M across 4 rounds · 4 rounds over 5 yrs (0.8/yr)
Moat: Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 13/100
$3M8 mo ago102019Alex McDougall
President & CEO
Framer SitesReactAmazon Web Services+61 partnership
44FRNT Financial
Digital asset trading solutions
42Product top 14%News top 18%Innovation top 23%Growth top 23%
All 9 signals ▾
Producttop 14%
Newstop 18%
Innovationtop 23%
Growthtop 23%
Talentbottom 49%
Fundingbottom 42%
Techbottom 37%
Globalbottom 25%
Marketbottom 19%
Product: 9 distinct product lines · Company stage: Public
News: 9 BI events in 12 mo (of 24 tracked, 9 types) · 1 high-value events (IPO/M&A/funding/contracts) in 12 mo
rank vs industry peers · Fliar Intelligence Index 42/100
$2M12 mo ago122018Stéphane Ouellette
CEO & Co-Founder
WebflowAmazon Web ServicesSwiper+10
45DeFi.Gold
Decentralized exchange and non-fungible token marketplace
$2M21 mo ago2019Mona Coyle
CEO
46NetNow
Provider of credit management platform for streamlined credit processes
$2M20 mo ago82023Nauman Hafeez
Co-Founder & CEO
Framer SitesApple iCloud MailGoogle Workspace+17
47SATO Technologies Corp
Online platform for Bitcoin mining
22Funding top 35%News top 46%Growth top 48%Tech bottom 45%
All 6 signals ▾
Fundingtop 35%
Newstop 46%
Growthtop 48%
Techbottom 45%
Globalbottom 36%
Marketbottom 14%
Funding: Raised $1.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
News: 7 BI events in 12 mo (of 28 tracked, 5 types) · -36% YoY
rank vs industry peers · Fliar Intelligence Index 22/100
$1M3 mo ago132017Node.jsThree.jsTailwind CSS+11
48goPeer
P2P marketplace for personal loans
37Tech top 28%Growth top 35%Talent top 38%Funding bottom 44%
All 6 signals ▾
Techtop 28%
Growthtop 35%
Talenttop 38%
Fundingbottom 44%
Globalbottom 37%
Marketbottom 17%
Tech: 41 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 37/100
$975K13 mo ago92019Joseph Buaron
Co-Founder and CTO
WordPressMySQLPHP+29
49Chexy
Rent payment with credit builder solution for tenants
45Growth top 35%Tech top 35%Talent top 38%Funding top 42%
All 9 signals ▾
Growthtop 35%
Techtop 35%
Talenttop 38%
Fundingtop 42%
Moattop 48%
Productbottom 48%
Newsbottom 42%
Globalbottom 37%
Marketbottom 25%
Growth: Fresh capital in last 24 mo
Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel
rank vs industry peers · Fliar Intelligence Index 45/100
$974K2 mo ago102022Ben Gigone
Co-Founder & CTO
TurbopackApple iCloud MailGoogle Workspace+23
50Ultrassure
Provider of AI-powered contract intelligence solutions for the insurance industry, enabling searchable and…
35AI top 45%Talent bottom 49%Funding bottom 43%Global bottom 25%
All 4 signals ▾
AItop 45%
Talentbottom 49%
Fundingbottom 43%
Globalbottom 25%
AI: Product described with: ai-powered
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 35/100
$333K8 mo ago2025Matti Parnanen
Founder & CEO

Top 12 FinTech companies in Toronto

#1
Series F · Toronto, Ontario · founded 2014 · 29 employees
$901.3Mraised

Provider of financial services including investing, trading, saving, and borrowing. The company offers chequing accounts, credit cards, and savings accounts. It provides self-directed investing in stocks, ETFs, options, margin, gold, and crypto. Wealth management services include portfolios, direct indexing, and income portfolios. Mortgages and tax filing services are also available.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Tech
top 9%
Funding
top 13%
Moat
top 32%
Talent
top 38%
Product
top 41%
News
top 42%
Tech: 92 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses · Devops: Envoy, Varnish
Funding: Raised $901M across 9 rounds · 9 rounds over 12 yrs (0.8/yr) · Last round Series F (Oct 2025)
Moat: Editorial + unicorn rating 9/10 · IP moat: 4 patents · Unicorn
Audience (LinkedIn): 284k LinkedIn followers — 31.3% of this cohort's audience · 121 engagements/post (7.2× cohort median)
Activity (LinkedIn): 2 product launches · 1 partnerships (incl. Visa) announced in 12 mo
Funding rounds
  • Oct 2025Series F$392.9M
  • May 2021Series F$610M
  • Oct 2020Series E$86.8M
  • May 2019Series D$75M
Founders & team
Michael KatchenCo-Founder & CEOBrett HuneycuttCo-Founder & Chief Product Officer
Investors
Power financial, Meritech, Greylock Partners, Dragoneer Investment Group, DST Global, Sagard
Tech stack
Alpine.JsAmazon CloudfrontAmazon Web ServicesApolloApple Icloud MailAtlassian Statuspage
#2
Public · Toronto, Ontario · founded 2017 · 140 employees
$855.5Mraised

Cloud mining solutions for cryptocurrency. It features a blockchain infrastructure for operating computing centers, processing bitcoins through mining networks, and earning fees for the processing of transactions. It provides hosting, in-house management, and support services for miners.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 12%
Growth
top 35%
Tech
top 36%
Talent
top 37%
News
top 39%
Market
top 41%
Funding: Raised $855M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Post IPO (Oct 2025)
Growth: 11 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo
Tech: 61 technologies across 4/8 capability areas · Cloud: Akamai, Amazon Web Services · Devops: Varnish
Audience (LinkedIn): 17k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Oct 2025Post IPO$588M
  • Nov 2023Post IPO$43.8M
  • May 2021Post IPO$62.3M
  • Feb 2021Post IPO$69.5M
Founders & team
Bonta NicolasFounder & Chairman at Bitfarms
Investors
Dominion Capital, Sadis, Vermögensclub
#3
Public · Toronto, Ontario · founded 2016 · 259 employees
$1.2Braised

Online platform for residential mortgages

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 27%
Tech
top 38%
Growth
top 50%
Market
bottom 46%
Moat
bottom 38%
Fin. health
bottom 36%
Funding: Raised $1.2B across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Post IPO (Sep 2025)
Tech: 34 technologies across 5/8 capability areas · Cloud: Cloudflare, Netlify · Devops: Nginx
Growth: Revenue +11% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 7k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Mortgage Agents & Brokers
Funding rounds
  • Sep 2025Post IPO$72.3M
  • Jul 2021Series A
  • May 2021Series A$9M
  • 2020Conventional Debt$1.1B
Investors
Gravitas Securities
Tech stack
Apple Icloud MailCore-JsDocusignEmotionGodaddyGoogle Analytics
#4
Series B · Toronto, Ontario · founded 2019
$201.8Mraised

Streamlining business expenses and financial management. The company offers corporate cards, bill payment solutions, and expense management software. The platform automates bookkeeping, provides real-time spending insights, and ensures robust security. It also includes high-yield accounts to optimize cash flow. The integrated system simplifies financial processes, allowing businesses to focus on growth. Customer support is readily available through various channels.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Funding
top 18%
Tech
top 24%
Talent
top 28%
Moat
top 40%
Growth
top 45%
Global
bottom 48%
Funding: Raised $202M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) · Last round Conventional Debt (Jan 2026)
Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Envoy
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding rounds
  • Jan 2026Conventional Debt$73M
  • Jan 2025Series B$48.8M
  • Feb 2024Conventional Debt$50M
  • Nov 2021Series A$30M
Founders & team
Griffin KeglevichCo-FounderRob KhazzamCo-Founder& CEORuslan NikolaevCo-Founder
Investors
Goldman Sachs, OMERS, FJ Labs, Teralys Capital, Garage Capital, Golden Ventures
Tech stack
AdalyserAmazon SesAmazon Web ServicesAnt DesignAppcuesApple Icloud Mail
#5
Series C · Toronto, Ontario · founded 2018 · 128 employees
$51.6Mraised

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 expense categorization, managing payables and receivables, and integrating with accounting systems. It also offers savings features and cash management workflows intended to help businesses build reserves and improve financial discipline.

Fliar Intelligence Index™ 82how this company ranks against its industry peers
Tech
top 19%
Funding
top 26%
Customers
top 31%
Moat
top 31%
Growth
top 35%
Talent
top 38%
Tech: 66 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Funding: Raised $51.6M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series C (May 2026)
Customers: Play-Store rating 4.50★ across 1,178 ratings (1 apps) · Review volume +41% in 6 mo · Marquee-customer mentions: top 30% of tracked companies
Audience (LinkedIn): 20k LinkedIn followers — 2.2% of this cohort's audience · 56 engagements/post (3.3× cohort median)
Funding rounds
  • May 2026Series C$50M
  • Feb 2024Series B$32.2M
  • May 2021Series A$15M
  • Oct 2020Series A$4.4M
Founders & team
Paul KlicnikCo-Founder & VP EngineeringYoseph WestCo-Founder & CEO
Investors
Bain Capital Ventures, Better Tomorrow Ventures, Tribe Capital, Garage Capital, Panache Ventures, Amaranthine
Tech stack
Alpine.JsAmazon CloudfrontAmazon Web ServicesApple Icloud MailAppnexusBootstrap
#6
Series B · Toronto, Ontario · founded 2018 · 54 employees
$104.2Mraised

Ledn is a blockchain-based &crypto-backed lending platform. Offers loans secured by Bitcoin. Provides a segregated wallet address allowing for real-time proof of reserves on-chain. Allows users to repay the loan in Dollars and Bitcoin. Uses the Coindesk Bitcoin price index to determine loan-to-value ratios for Ledn loans.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Funding
top 25%
Moat
top 28%
Tech
top 29%
Growth
top 35%
Product
top 46%
News
bottom 46%
Funding: Raised $104M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) · Last round Series B (Nov 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 4 curated direct competitors tracked
Tech: 44 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Audience (LinkedIn): 29k LinkedIn followers — 3.2% of this cohort's audience
Funding rounds
  • Nov 2025Series B
  • Aug 2024Conventional Debt$50M
  • Dec 2021Series B$70M
  • May 2021Series A$30M
Investors
Sygnum, 10T, GoldenTree, Raptor Group, FJ Labs, White Star Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailBootstrap
#7
Public · Toronto, Ontario · founded 2017
$46.2Mraised

Hardware-based cryptocurrency mining solutions. It also provides blockchain-based data centres. It also provides tools to consumers for choosing the right cryptocurrencies to invest in.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 24%
Talent
bottom 49%
News
bottom 36%
Global
bottom 29%
Funding: Raised $46.2M across 9 rounds · 9 rounds over 7 yrs (1.3/yr) · Last round Post IPO (Jan 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
News: 0 BI events in 12 mo (of 25 tracked, 8 types)
Funding rounds
  • Jan 2026Post IPO$1.6M
  • Feb 2024Post IPO
  • Mar 2021Post IPO$20.4M
  • Feb 2021Post IPO$2M
Founders & team
David JellinsCEO
Investors
T M X, EMD Financial
#8
Series C · Toronto, Ontario · founded 2011 · 736 employees
$385Mraised

Provider of financial planning and analysis platform for business performance. The platform offers modeling, workflows, collaboration, and a central database. It provides integrations, security, and professional services. The platform delivers financial planning and analysis, budgeting and forecasting, and capital expenditure planning. It also supports cash flow planning, workforce planning, and financial close management.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 22%
News
top 30%
Moat
top 31%
Innovation
top 34%
Growth
top 37%
Talent
top 38%
Funding: Raised $385M across 6 rounds · 6 rounds over 14 yrs (0.4/yr) · Last round Conventional Debt (Apr 2025)
News: 3 BI events in 12 mo (of 24 tracked, 5 types) · Top themes: Funding, M&A
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 39k LinkedIn followers — 4.3% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Apr 2025Conventional Debt
  • Apr 2021Series C$241.3M
  • Sep 2020Conventional Debt$25M
  • Jan 2019Series C$115M
Founders & team
Rishi GroverCo-FounderHunter MadeleyCEO
Investors
Klass Capital, Canadian Imperial Bank of Commerce, Centana Growth Partners, JMI Management, Vista Equity Partners, Mogo
Tech stack
Auth0CdnjsChili PiperCloudflareCloudflare Bot ManagementCore-Js
#9
Series D · Toronto, Ontario · founded 2014 · 270 employees
$356.4Mraised

Koho is an internet-first bank for individuals. It offers services such as savings & deposit accounts, NFC-enabled prepaid cards for online/offline purchases, and more. It enables users to track spendings and savings. It categorizes expenses made through the card. It features savings module that automatically puts money aside and helps users save. It provides an app-based platform that is available on iOS & Android devices.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 18%
Customers
top 18%
Tech
top 24%
Talent
top 28%
Moat
top 31%
Innovation
top 32%
Funding: Raised $356M across 11 rounds · 11 rounds over 11 yrs (1.0/yr) · Last round Series D (Apr 2025)
Customers: Play-Store rating 4.79★ across 72,587 ratings (1 apps) · Marquee-customer mentions: top 30% of tracked companies
Tech: 67 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Microsoft Clarity, Sentry
Audience (LinkedIn): 53k LinkedIn followers — 5.9% of this cohort's audience · 71 engagements/post (4.2× cohort median)
Activity (LinkedIn): 2 product launches · 1 awards announced in 12 mo
Funding rounds
  • Apr 2025Series D$10.8M
  • Oct 2024Series D$29.6M
  • Oct 2024Conventional Debt$111M
  • Dec 2023Series D$63.3M
Founders & team
Joshua BixbyFounder & InvestorMike BennaCo-Founder and InvestorJonathan BixbyCo-Founder
Investors
Eldridge Industries, Drive Capital, TTV Capital, Hoopp, Round13, BDC
Tech stack
Amazon AdvertisingAmazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAmazon Webstore
#10
Series C · Toronto, Ontario · founded 2014 · 136 employees
$242Mraised

League provides a SaaS-based digital platform for employee health benefits. The platform gives employers tools to easily manage their benefits program and deliver healthcare services for employees. The web-based app gives the ability to create personal health spending accounts and tracks employee utilization. It also gives customized offerings for employees, delivered on-site by the best health professionals in the business.

Fliar Intelligence Index™ 80how this company ranks against its industry peers
Tech
top 18%
Funding
top 23%
Innovation
top 27%
Patents
top 27%
Moat
top 31%
Growth
top 35%
Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Sentry
Funding: Raised $242M across 5 rounds · 5 rounds over 12 yrs (0.4/yr) · Last round Series C (Feb 2025)
Innovation: 18 patents (top 28% of patent-holders) · 13 filings since 2022 vs 3 in 2017-21
Audience (LinkedIn): 55k LinkedIn followers — 6.0% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 partnerships (incl. Amwell) announced in 12 mo
Funding rounds
  • Feb 2025Series C
  • Feb 2022Series C$95M
  • Dec 2021Series C$70M
  • Oct 2019Series B
Investors
TDM Growth Partners, Workday Ventures, BDC, Manulife, OMERS, Royal Bank of Canada
Tech stack
Amazon S3Amazon Web ServicesCloudflareCloudflare Bot ManagementCore-JsDemandbase
#11
Series E · Toronto, Ontario · founded 2003 · 673 employees
$153.8Mraised

Provider of accounting software for invoicing, billing, payments, and payroll. It offers tools for creating invoices, tracking expenses, managing clients, and generating financial reports. The software supports mileage tracking, time tracking, and project management. It also provides features for estimating, bookkeeping, and team management.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Tech
top 18%
Moat
top 26%
Funding
top 29%
Global
top 31%
Customers
top 33%
Market
top 34%
Tech: 75 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx, Varnish
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Funding: Raised $154M across 6 rounds · 6 rounds over 12 yrs (0.5/yr) · Last round Conventional Debt (Mar 2025)
Audience (LinkedIn): 92k LinkedIn followers — 10.1% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Ownr) announced in 12 mo
Funding rounds
  • Mar 2025Conventional Debt$125M
  • Aug 2022Conventional Debt$100M
  • Aug 2021Series E$80.8M
  • Aug 2021Conventional Debt$50M
Founders & team
Mike McDermentCo-Founder & CEOShaheen JavadizadehCEO
Investors
Accomplice, Oak Investment Partners, Georgian, Atlas Venture, JPMorgan Chase, BMO
Tech stack
AdaAmazon CloudfrontAmazon Web ServicesApple Icloud MailAtlassian StatuspageBootstrap
#12
Seed · Toronto, Ontario · founded 2023
$10.1Mraised

Provider of platform for financial planning and analysis solutions. The platform offers budgeting, planning, and forecasting capabilities using native AI software. It provides tools for real-time modeling, AI powered forecasting, and commitment tracking. The platform integrates data from CRM, ERP, and other operational systems. It also offers prebuilt templates, embedded BI, and AI-driven forecasting models. The platform enables users to assign plan owners, monitor progress, and track outcomes.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
AI
top 26%
Talent
top 38%
Partners
top 45%
Funding
top 46%
Moat
top 48%
Innovation
bottom 45%
AI: Classified as an AI company · Product described with: ai powered, ai-driven
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Partners: 1 partnership announcement in 12 mo (1 in 24 mo)
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
  • Feb 2026Seed
  • Apr 2025Seed$4.4M
  • Dec 2024Seed$5.2M
  • Nov 2024Seed$464.4K
Founders & team
Don MalCo-Founder & ChairmanMichael MorrisonCEO
Investors
Staircase Ventures, Emerald Development Managers

Funding & investor landscape

$8.7Btotal disclosed funding
226companies funded
531disclosed rounds
2rounds last 90 days
Most active investors
MaRS Discovery District26 rounds
OneEleven21 rounds
Techstars18 rounds
BDC15 rounds
DMZ Ventures14 rounds
Golden Ventures14 rounds
Ontario Centre of Innovation14 rounds
The DMZ14 rounds
MaRS IAF13 rounds
Accelerator Centre12 rounds

Notable founders

Michael Katchen
Co-Founder & CEO · Wealthsimple
Brett Huneycutt
Co-Founder & Chief Product Officer · Wealthsimple
Bonta Nicolas
Founder & Chairman at Bitfarms · Bitfarms
Griffin Keglevich
Co-Founder · Float
Rob Khazzam
Co-Founder& CEO · Float
Paul Klicnik
Co-Founder & VP Engineering · Relay
Yoseph West
Co-Founder & CEO · Relay
David Jellins
CEO · CryptoStar
Rishi Grover
Co-Founder · Vena Marketing
Hunter Madeley
CEO · Vena Marketing
Joshua Bixby
Founder & Investor · KOHO
Mike Benna
Co-Founder and Investor · KOHO
Prism market signals · Canada · country-scoped Prism corpus, 488,940 docs

Market landscape — 10 sub-themes by coverage

Share of FinTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Fintech is moving in Canada

A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 84 Canada-affiliated papers.

top research entities
  • Western University6
  • University of Toronto5
  • Kellogg's4
  • University Canada West4
  • University of Manitoba4
leading researchers
Chimwemwe Chipeta · Moses M. Muthinja · Ryan Clements · Emmanuel Odeyemi · Chen Liu · Hamed Taherdoost · Ke, Xiong · Li, Lin
Breakthroughs8 · 10%
▲ 0%→15% share
0 median citations100% since 2021mostly methods-led
Interpretability research is rising sharply — emerging from zero to 15% field-share across 84 Canadian fintech papers.
rising sub-themes (early→recent)
  • Interpretability3
  • Reinforcement learning2
  • Credit risk2
  • Adaptability2
  • Risk management2
Landmark Does sustainability matter for Fintech firms? Evidence from United States firms · 40 cites
Advancements30 · 36%
▲ 0%→41% share
0 median citations83% since 2021mostly empirical
Financial services dominates advancements — 19 rising papers plus 15 brand-new entries signal rapidly intensifying Canadian research focus.
rising sub-themes (early→recent)
  • Financial services19
  • Blockchain5
  • Investment (military)5
  • Financial inclusion4
  • Smart contract4
Newly emergingFinancial services 0→15 · Investment (military) 0→5
Landmark Blockchain: a catalyst in fintech future revolution · 14 cites
Concerns28 · 33%
▲ 0%→37% share
0 median citations75% since 2021mostly empirical
Financial inclusion and Payment concerns are newly emerging — together adding 14 fresh papers as Financial services risk papers surged 2→13.
rising sub-themes (early→recent)
  • Financial services2→13
Newly emergingFinancial inclusion 0→8 · Payment 0→6
Landmark Banking on refugees: Racialized expropriation in the fintech era · 109 cites
RESEARCH HOTSPOTS · Canada

Where fintech 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.

Toronto7 · +0.17
Opportunity · Financial services
PATENT SIGNAL · Canada

Who's filing fintech patents in Canada

Canada fintech patent filing is accelerating — 10 filings from 3 assignees (2018–2025), led by Flybits, Stack Fintech, Royal BANK Of Canada; annual filings 2→3.

10 filings3 assigneespeak 3/yr2018–2025
filing momentum (YoY 2018–2025)
top patent filers
  • Flybits5
  • Stack Fintech4
  • Royal BANK Of Canada2

Common questions

How many FinTech companies are there in Toronto, Canada?
Radar tracks 898 indexable FinTech companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by FinTech companies in Toronto, Canada?
The FinTech companies in Toronto, Canada on this list have raised a combined $8.7B in disclosed equity funding across 226 funded companies.
Which is the highest-funded FinTech company in Toronto, Canada?
Pineapple is the highest-funded FinTech company in Toronto, Canada, with $1.2B in disclosed equity funding.
How many FinTech companies in Toronto, Canada are funded?
226 of the 898 FinTech companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many FinTech unicorns are there in Toronto, Canada?
3 FinTech companies in Toronto, Canada on this list are valued at $1B or more.
Who are the top investors in Toronto, Canada FinTech companies?
The most active investors in Toronto, Canada FinTech companies on this list include MaRS Discovery District, OneEleven, Techstars, BDC, DMZ Ventures.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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