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Radar · Payments in British Columbia

Best Payments Companies in British Columbia, Canada

The 64 best Payments companies in British Columbia, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Trulioo.

64companies tracked
$609.1Mdisclosed funding
1unicorns
16have raised
FLIAR INTELLIGENCE · PAYMENTS × BRITISH COLUMBIA

Our analysis of 150 Payments companies

$44.9b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

150companies analysed
96%cloud-native stacks
2021funding peak (by rounds)
33unicorns
2018median founding year
148kcombined LinkedIn audience
73%of audience held by top 3
1companies hiring publicly (12 mo)

Ranked: Best Payments companies in British Columbia

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Trulioo 🦄
Provider of online identity verification services for KYC, KYB, and AML
74AI top 20%Funding top 27%Product top 28%Market top 31%
All 12 signals ▾
AItop 20%
Fundingtop 27%
Producttop 28%
Markettop 31%
Moattop 32%
Innovationtop 37%
Techtop 37%
Patentstop 41%
Partnerstop 41%
Globaltop 42%
Newsbottom 46%
Growthbottom 32%
AI: Classified as an AI company
Funding: Raised $477M across 6 rounds · 6 rounds over 14 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 74/100
$477M60 mo agoSeries D—2011WordPressMySQLPHP+181 launch · 1 expansion
2Owl Technologies
KYC solutions for banks and insurance companies
$40M55 mo agoSeries BSean Merat
Co-Founder & CEO
2018Apple iCloud MailGoogle WorkspaceNode.js+252 awards
3Instant
On-demand payment solutions for businesses and individuals
$39M35 mo agoSeries B—2015WordPressApple iCloud MailGoogle Workspace+371 award
4TIO Networks
Multi-channel bill payment processor
$21M124 mo agoAcquired—1997—1 launch
5Payfirma
Payment processing solutions for businesses and merchants
$19M133 mo agoAcquired—2011SalesforceJavaLeaflet+15—
6Lynk
Payment gateway solutions for businesses
$3M45 mo agoSeedNabi Awada
Co-Founder & CEO
2021——
7Mobetize
Mobile Commerce solutions for Telecom and Payment industry
$3M80 mo agoPublicAjay Hans
CEO
2012——
8Perk Labs
AI-based digital loyalty and mobile payment platform
$2M28 mo agoPublic—2014WordPressMySQLPHP+27—
9C-SAM
Mobile wallet vendor
$2M182 mo agoAcqui-HiredSam Pitroda
Founder & Chairman
1998——
10PayVida
Payment solution provider
$2M100 mo agoDeadpooledRobert Ronning
Co-Founder
2012——
11Agreement Express
SaaS based client customer onboarding platform
$1M124 mo agoAcquired—2001——
12Wirepay
App-based payments platform for individuals
$125K60 mo agoSeed—2020Node.jsZohoTailwind CSS+12—
13Valens Pay
Provider of multi-currency payment and account services
$100K28 mo agoSeedTorben Pedersen
CEO
2020——

Top 12 Payments companies in British Columbia

#1
Series B · Vancouver, British Columbia · founded 2015 · 48 employees
$39.1Mraised
▾

On-demand payment solutions for businesses and individuals. It features solutions for claim instant pay offers, real-time balance checks, requests for payment, tips management, payment cards, mileage tracking, and more. It offers products to help businesses offer their employees financial freedom, including Instant Pay, Instant Miles, and Instant Card.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 6.5% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jul 2023Series B$12.7M
  • Jul 2021Series A—
  • Oct 2019Series A$11.9M
  • Apr 2018Series A$11.4M
Investors
TTV Capital, ITC Holdings, InComm, ITC Capital Partners, Kinetic Ventures, Real Ventures
Tech stack
6SenseAll In One SeoAmazon S3Amazon Web ServicesAnimate.CssApple Icloud Mail
#2
Public · Vancouver, British Columbia · founded 2014 · 11 employees
$2.4Mraised
▾

AI-based digital loyalty and mobile payment platform. It enables merchants to provide their customers with pre-order and pick-up capabilities, quick secure payments, digital rewards, and personalized customer experience.

Funding rounds
  • Feb 2024Post IPO—
  • Oct 2023Post IPO$346.8K
  • Apr 2023Post IPO$190K
  • May 2017Post IPO$1.9M
Investors
Alpha Sigma Capital
#3
Trulioo 🦄
Series D · Vancouver, British Columbia · founded 2011 · 412 employees
$477.2Mraised
▾

Provider of online identity verification services for KYC, KYB, and AML. The company offers a platform to customize workflows with person and business verification capabilities. It helps to achieve compliance and prevent fraud. The platform delivers integration through a single token and endpoint, giving access to verification services.

Fliar Intelligence Index™ 74how this company ranks against its industry peers
AI
top 20%
Funding
top 27%
Product
top 28%
Market
top 31%
Moat
top 32%
Innovation
top 37%
AI: Classified as an AI company
Funding: Raised $477M across 6 rounds · 6 rounds over 14 yrs (0.4/yr) · Last round Series D (Jun 2021)
Product: 3 product launch events in 12 mo · 7 distinct product lines · Company stage: Series D
Audience (LinkedIn): 44k LinkedIn followers — 29.6% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 expansions announced in 12 mo
Funding rounds
  • Jun 2021Series D$394M
  • Sep 2019Series C$52.9M
  • 2018Series B$7.3M
  • Dec 2015Series B$15M
Investors
BDC, Blumberg Capital, Eureka, American Express Ventures, Citi Ventures, Mouro Capital
Tech stack
Alpine.JsAmazon CloudfrontAmazon S3Amazon Web ServicesAtlassian StatuspageCloudflare
#4
Series B · Vancouver, British Columbia · founded 2018 · 89 employees
$40Mraised
▾

KYC solutions for banks and insurance companies. Offers a chatbot, which is an end-to-end encrypted, zero-knowledge system compliant with all regulations for handling sensitive data. The solution automates and streamlines the KYC process.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers — 16.7% of this cohort's audience
Activity: 2 awards announced in 12 mo
Funding rounds
  • Nov 2021Series B$30M
  • 2020Grant (prize money)$3.5M
  • Aug 2019Seed$2M
Founders & team
Sean MeratCo-Founder & CEOSohrab MeratCo-Founder
Investors
Luge Capital, Impression Ventures, Sway Ventures, Inovia Capital, Plug and Play Tech Center, Builders VC
Tech stack
Amazon S3Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCloudinary
#5
Seed · Kelowna, British Columbia · founded 2020 · 12 employees
$100Kraised
▾

Provider of multi-currency payment and account services. This fintech company offers individuals and businesses access to traditional and modern financial services. Services include IBAN accounts, multi-currency storage, SEPA and international transfers, and debit card access. The platform is designed for ease of use and incorporates customer feedback for functionality. It supports both individual and corporate accounts, allowing for multiple users with varying access levels. A mobile application is also available.

Funding rounds
  • Feb 2024Seed$100K
Founders & team
Torben PedersenCEO
#6
Seed · Vancouver, British Columbia · founded 2021
$3Mraised
▾

Payment gateway solutions for businesses

Founders & team
Nabi AwadaCo-Founder & CEOAli SedighiCo-Founder
Investors
Samsung NEXT, PLUG & PLAY, Tribe Capital, Simplex Investments, N49P, DayDream Ventures
#7
Acquired · Vancouver, British Columbia · founded 1997 · 180 employees
$21Mraised
▾

TIO Networks Corporation (formerly known as Info Touch Technologiesi) s a cloud-based payment processor providing kiosks, mobile & web, walk-in solutions to telecom carriers/businesses/merchants for bill payment processing. Their target customer market is the underbanked and unbanked consumer marketplaces in the U.S. Their self-service financial services kiosks operates as self-serve devices that customers can access for cash-based financial transactions. Their counter POS technology/direct integration (APIs) for retailers enable walk-in bill payments. Finally, they also provide merchant-branded web and mobile applications embedded with TIO payment engines to enable online payments.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 40k LinkedIn followers — 27.1% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Feb 2016Post IPO$3.7M
  • Sep 2015Post IPO$1.6M
  • 2008Post IPO—
  • Mar 2008Post IPO$3.8M
Investors
IA Capital Group, Canaccord Genuity Group, Stifel, PI Financial, Napier Park Global Capital, Canadian Technology Accelerator
#8
Acquired · Vancouver, British Columbia · founded 2011 · 40 employees
$18.9Mraised
▾

Payfirma offers payment processing solutions for businesses and merchants. Its product includes hardware-based POS terminals, web terminals, payment gateways, invoicing solutions, hosted payments, and more. It facilitates payments via payment cards, bank transfers, and wallets. It focuses on industries such as beauty and healthcare, food, transportations, retail, and more.

Funding rounds
  • May 2015Series A$10.4M
  • Nov 2014Seed$2.5M
  • May 2013Angel$3M
  • Mar 2012Angel$1M
Investors
Dundee Securities, Bray Partners
Tech stack
AngularjsBootstrapCloudflareDigicertEnvoyGoogle Tag Manager
#9
Public · Vancouver, British Columbia · founded 2012 · 5 employees
$2.7Mraised
▾

Mobetize Solutions is the single most innovative brand-able platform that implements secure and easy bill management, payments, recharge, domestic money transfers, international remittances, point of sale, and various other marketing technologies all on a mobile device. For telecom providers', Mobetize offers smartRemit, smartBill, smartWallet, smartCharge; all cross border features. For payment industry , it offer mWallet , mPOS and mPay service.

Funding rounds
  • Oct 2019Post IPO$100K
  • Apr 2017Post IPO$500K
  • Sep 2015Post IPO$750K
  • Dec 2014Post IPO$490K
Founders & team
Ajay HansCEO
Tech stack
WordpressMysqlPhpBootstrapContact Form 7Apache Http Server
#10
Deadpooled · Kelowna, British Columbia · founded 2012
$1.5Mraised
▾

PayVida provides a payment solution to the merchant for accepting payments through credit/debit cards. The solution includes a payment gateway, point of sale terminals, mobile payments, check payments, and gift card & loyalty. The monthly subscription charges start from $11 and vary based on the requirements like retail and hospitality, e-commerce, or online e-store.

Funding rounds
  • Feb 2018Seed$1.5M
Founders & team
Robert RonningCo-Founder
Investors
Victory Square Technologies
#11
Seed · Vancouver, British Columbia · founded 2020 · 21 employees
$125Kraised
▾

App-based payments platform for individuals. The platform helps users receive and make payments in multiple currencies, issue virtual cards, and pay bills. The platform also helps users keep track of money with real-time alerts on all account activities. The app is available on both Android and iOS platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • 2021Seed—
  • Seed$125K
Investors
Valar Ventures, OnDeck, GreenHouse Capital, Berrywood Capital, Golden Palm Investments, ABV
#12
Acqui-Hired · Terrace, British Columbia · founded 1998 · 308 employees
$2Mraised
▾

C-SAM is a technology company that creates enterprise-grade mobile wallets for payment and non-payment transactions. The Company licenses technology and provides turnkey services to carriers, banks, merchants, settlement networks, healthcare providers, and large infrastructure providers. It was acquired by MasterCard in Feb 2014

Funding rounds
  • Apr 2011Series A$2M
Founders & team
Sam PitrodaFounder & ChairmanFelix Marxex-CEOMehul DesaiCo-Founder & ex-Vice-Chairman

Funding & investor landscape

$609.1Mtotal disclosed funding
13companies funded
44disclosed rounds
0rounds last 90 days
Most active investors
Canadian Technology Accelerator2 rounds
MaRS Discovery District2 rounds
N49P2 rounds
AAF Management1 rounds
ABV1 rounds
Alpha Sigma Capital1 rounds
American Express Ventures1 rounds
BDC1 rounds
Berrywood Capital1 rounds
Blue Cloud Ventures1 rounds

Notable founders

Sean Merat
Co-Founder & CEO · Owl Technologies
Sohrab Merat
Co-Founder · Owl Technologies
Torben Pedersen
CEO · Valens Pay
Nabi Awada
Co-Founder & CEO · Lynk
Ali Sedighi
Co-Founder · Lynk
Ajay Hans
CEO · Mobetize
Robert Ronning
Co-Founder · PayVida
Sam Pitroda
Founder & Chairman · C-SAM
Felix Marx
ex-CEO · C-SAM
Nicholas Jeffery
CEO · RAYL
Leo Chen
Co-Founder & CEO · IOT Pay
Max So
Co-Founder & COO · IOT Pay
Prism market signals · Canada · country-scoped Prism corpus, 8,221,887 docs

Market landscape — 10 sub-themes by coverage

Share of Payments coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

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.

research sentiment over time
201420222025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 13% → 19% across 2014–2025.
top research entities
  • Bank of Canada41
  • University of British Columbia7
  • Assumption University7
  • Ministry of Health7
  • Toronto Metropolitan University6
leading researchers
Prabir K. Neogi · Mark Lokanan · Welte, Angelika · Lu, Zhentong · Francisco Liébana‐Cabanillas · Iviane Ramos de Luna · Francisco Montoro-Ríos · Francisco Rivadeneyra
▲ Breakthroughs25 · 14%
▼ 25%→13% share
▼0.5× share momentum0 median citations60% since 2021mostly methods-led
Breakthroughs are cooling (25%→13% of field), led by Payment system.
rising sub-themes (early→recent)
  • Payment system1→4
  • Mobile payment3→5
Landmark Machine learning for mobile network payment security evaluation system · 49 cites
◆ Advancements50 · 27%
▲ 0%→27% share
3 median citations60% since 2021mostly empirical
Advancements are rising (0%→27% of field), led by Mobile payment.
rising sub-themes (early→recent)
  • Mobile payment7→17
  • Payment system1→4
Newly emergingDatabase transaction 0→8
Landmark ICT, Financial Inclusion, and Growth Evidence from African Countries · 252 cites
▼ Concerns66 · 36%
▼ 50%→36% share
▼0.7× share momentum1 median citations58% since 2021mostly empirical
Concerns are cooling (50%→36% of field), led by Payment system.
rising sub-themes (early→recent)
  • Payment system3→16
  • Mobile payment8→11
  • Settlement (finance)1→4
  • Payment service provider2→4
Newly emergingMarket liquidity 0→6 · Financial inclusion 0→5
Landmark Contextual facilitators and barriers influencing the continued use of mobile payment services in a developing country: i · 149 cites
RESEARCH HOTSPOTS · Canada

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.

Toronto11 · +0.33
Hot · Mobile payment
Vancouver10 · +0.10
Hot · Mobile paymentOpportunity · Social protection
Ottawa/Kingston8 · +0.06
Hot · Mobile payment
Montreal7 · +0.39
Hot · Mobile payment
Waterloo/Hamilton7 · +0.30
Hot · Payment system
Edmonton/Calgary6 · +0.18
Opportunity · Financial inclusion
PATENT SIGNAL · Canada

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.

221 filings112 assigneespeak 107/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Canada 10353744136
  • Riavera24
  • JJ Mackay Canada20
  • Itwaru MARK19
  • Research IN Motion13
  • ROY Matthew11
  • Moneris Solutions7
  • Instant Financial6

Common questions

How many Payments companies are there in British Columbia, Canada?
Radar tracks 64 indexable Payments companies headquartered in British Columbia, Canada that meet our profile-completeness bar.
What is the total funding raised by Payments companies in British Columbia, Canada?
The Payments companies in British Columbia, Canada on this list have raised a combined $609.1M in disclosed equity funding across 13 funded companies.
Which is the highest-funded Payments company in British Columbia, Canada?
Trulioo is the highest-funded Payments company in British Columbia, Canada, with $477.2M in disclosed equity funding.
How many Payments companies in British Columbia, Canada are funded?
13 of the 64 Payments companies in British Columbia, Canada on this list have disclosed at least one equity funding round.
How many Payments unicorns are there in British Columbia, Canada?
1 Payments company in British Columbia, Canada on this list is valued at $1B or more.
Who are the top investors in British Columbia, Canada Payments companies?
The most active investors in British Columbia, Canada Payments companies on this list include Canadian Technology Accelerator, MaRS Discovery District, N49P, AAF Management, ABV.
Rohit KhannaTrends & Stories

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.

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