Best Payments Companies in Vancouver, Canada
The 44 best Payments companies in Vancouver, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Trulioo.
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.
Ranked: Best Payments companies in Vancouver
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Trulioo 🦄 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 | $477M | 62 mo ago | Series D | — | 2011 | WordPressMySQLPHP+18 | 1 launch · 1 expansion |
| 2 | Owl Technologies KYC solutions for banks and insurance companies | $40M | 57 mo ago | Series B | Sean Merat Co-Founder & CEO | 2018 | Apple iCloud MailGoogle WorkspaceNode.js+25 | 2 awards |
| 3 | Instant On-demand payment solutions for businesses and individuals | $39M | 37 mo ago | Series B | — | 2015 | WordPressApple iCloud MailGoogle Workspace+37 | 1 award |
| 4 | TIO Networks Multi-channel bill payment processor | $21M | 126 mo ago | Acquired | — | 1997 | — | 1 launch |
| 5 | Payfirma Payment processing solutions for businesses and merchants | $19M | 135 mo ago | Acquired | — | 2011 | SalesforceJavaLeaflet+15 | — |
| 6 | Lynk Payment gateway solutions for businesses | $3M | 47 mo ago | Seed | Nabi Awada Co-Founder & CEO | 2021 | — | — |
| 7 | Mobetize Mobile Commerce solutions for Telecom and Payment industry | $3M | 82 mo ago | Public | Ajay Hans CEO | 2012 | — | — |
| 8 | Perk Labs AI-based digital loyalty and mobile payment platform | $2M | 30 mo ago | Public | — | 2014 | WordPressMySQLPHP+27 | — |
| 9 | Agreement Express SaaS based client customer onboarding platform | $1M | 126 mo ago | Acquired | — | 2001 | — | — |
| 10 | Wirepay App-based payments platform for individuals | $125K | 62 mo ago | Seed | — | 2020 | Node.jsZohoTailwind CSS+12 | — |
Top 12 Payments companies in Vancouver
#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.
- Jul 2023Series B$12.7M
- Jul 2021Series A—
- Oct 2019Series A$11.9M
- Apr 2018Series A$11.4M
#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.
- Feb 2024Post IPO—
- Oct 2023Post IPO$346.8K
- Apr 2023Post IPO$190K
- May 2017Post IPO$1.9M
#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.
- Jun 2021Series D$394M
- Sep 2019Series C$52.9M
- 2018Series B$7.3M
- Dec 2015Series B$15M
#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.
- Nov 2021Series B$30M
- 2020Grant (prize money)$3.5M
- Aug 2019Seed$2M
#5
Seed · Vancouver, British Columbia · founded 2021$3Mraised▾
Payment gateway solutions for businesses
#6
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.
- Feb 2016Post IPO$3.7M
- Sep 2015Post IPO$1.6M
- 2008Post IPO—
- Mar 2008Post IPO$3.8M
#7
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.
- May 2015Series A$10.4M
- Nov 2014Seed$2.5M
- May 2013Angel$3M
- Mar 2012Angel$1M
#8
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.
- Oct 2019Post IPO$100K
- Apr 2017Post IPO$500K
- Sep 2015Post IPO$750K
- Dec 2014Post IPO$490K
#9
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.
- 2021Seed—
- Seed$125K
#10
Acquired · Vancouver, British Columbia · founded 2001 · 43 employees$1Mraised▾
SaaS based client customer onboarding platform. The platform manages the intake and processes of new merchant applications, verifies data within applications, and easily offers access to thousands of data points. The transaction is automated from beginning to end, starting with the paperwork to approval and set-up.
- Feb 2016Conventional Debt$1M
#11
Seed · Vancouver, British Columbia · founded 2002 · 3 employees—raised▾
Payment processing solutions for businesses and merchants. Its product includes RAYLApptive for software-based POS terminals, RAYLPay for payment gateways, and more. It also provides RAYLFinancial for creating digital banking products.
- Feb 2022Seed—
#12
Acquired · Vancouver, British Columbia · founded 2008 · 45 employees—raised▾
Buyatab has been on the cutting edge in delivering comprehensive gift-giving solutions for its clients committed in supplying customizable online gift cards. Buyatab allows brands to seamlessly integrate e-Gift Cards into their marketing programs while maintaining a strong presence in the full service restaurant segment. The company is led by a private group of investors consisting of some of Canada’s best and brightest entrepreneurs. It provides mobile integration allowing merchants to offer gift cards digitally and also allows customers to store the gift cards integrated with Apple passbook or other mobile wallets
- Jul 2015Series B—
- Mar 2011Series A—
Funding & investor landscape
Notable founders
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
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.