Financial Services Landscape of Canada
5,689 Financial Services companies in Canada, in one picture: who is hiring, who is raising money, who founded them, where they are based, what the news is about and which skills employers want. Updated August 2026.
Who leads Financial Services in Canada
Tracks 5,689 Canadian financial services firms, highlighting the most‑hiring companies like Northview Residential REIT and the best‑funded firms such as Wealthsimple; 449 firms are hiring now and 162 have disclosed recent funding.
- 01
Northview Residential REIT11last posted Jun 2026
- 02
Western Financial Group11last posted Jun 2026
- 03
Foresters Financial11last posted Jun 2026
- 04
Wellington-Altus11last posted Jun 2026
- 05
Prospera Credit Union11last posted Jun 2026
- 06
GardaWorld11last posted Jun 2026
- 07
The Co-operators11last posted Jun 2026
- 08
Intact Financial Corporation11last posted Jun 2026
- 01
- 02
Wealthsimple$1.3BSeries F · Oct 2025
- 03
Choice Properties REIT$845.9MPost IPO · Jan 2025
- 04
Navacord$833.4MConventional Debt · Mar 2021
- 05
Mortgage Company of Canada$600MConventional Debt · Feb 2022
- 06
RBC Investor Services$507.7MConventional Debt · Sep 2018
- 07
Dream$448.3MPost IPO · Mar 2025
- 08
CAPREIT$345.1MPost IPO · Apr 2019
- 01
Royal Bank of Canada$48.6BFY2024 filing
- 02
Innocap$89MFY2022 filing
- 03
Kingsway Financial Services$39MFY2022 filing
- 04
CPP Investments$35.3MFY2019 filing
- 05
Fidelity Deposit and Discount Bank$1.6Msnapshot Dec 2025
- 06
Mango Insurance$496ksnapshot Dec 2024
- 07
Lexaria Bioscience$184kFY2022 filing
- 08
Intact Ventures$69ksnapshot Jan 2023
- 01
ICBC453,048tracked employees
- 02
- 03
Fairfax Financial Holdings38,040tracked employees
- 04
Manulife34,000tracked employees
- 05
Great-West Lifeco31,000tracked employees
- 06
Power Corporation of Canada30,259tracked employees
- 07
National Bank of Canada21,635tracked employees
- 08
Sun Life Financial21,495tracked employees
- 01
- 02
- 03
BMO5.8%201 tracked events
- 04
- 05
LAHONTAN GOLD CORP4.0%139 tracked events
- 06
- 07
Canadian Imperial Bank of Commerce2.8%95 tracked events
- 08
NOA2.6%89 tracked events
- 01
- 02
- 03
- 04
Desjardins1,169articles in the window
- 05
- 06
DeFi745articles in the window
- 07
Canadian Securities Exchange472articles in the window
- 08
See all 5,689 Financial Services companies in Canada
Filter by funding, headcount, hiring and location, and export the list.
How the Financial Services ecosystem in Canada grew, 2016–2025
Shows the number of companies founded each year from 2016 to 2025, with a peak of 342 new firms in 2020 and only six founded in 2025.
Where Financial Services companies in Canada are based
The Financial Services market map of Canada: what these companies actually do
Breaks down product sub‑categories, noting 416 nbfc lenders and 83 fintech firms, and identifies the most common revenue models such as fee‑for‑service (3,708 firms) and commission on transaction (2,881 firms).
The biggest kinds of Financial Services company, by how many we track.
- Nbfc Lenders416 companies · $1.4B raised · 31 hiring
- Fintech83 companies · $1.8B raised · 9 hiring
- Enterprise Tech55 companies · $5.5B raised · 11 hiring
- Consumer Digital51 companies · $6.9B raised · 7 hiring
- Housing Finance43 companies · $402M raised · 3 hiring
- Internet First Wealth Management Platforms21 companies · $42.1M raised · 1 hiring
- Online Financial Planners and Advisors21 companies · $42.1M raised · 1 hiring
- Internet First Lenders21 companies · $300.3M raised · 2 hiring
- Enterprise Software17 companies · $137.1M raised · 3 hiring
- Global 200015 companies · $345.1M raised · 8 hiring
- SaaS8 companies · $179.2M raised · 1 hiring
- Wealth Management Software7 companies · $134M raised
Monetization
How Financial Services companies make money
How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.
Funding, M&A and the deals moving Financial Services in Canada
Counts 2,832 corporate events over the past two years, including 821 earnings releases, 491 key‑person announcements, 370 mergers and acquisitions, and 271 company announcements.
- M&ATriasima Portfolio Management inc. acquired a new stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission.2026-05-04
- Fundingdefinity has now raised a total of $16.5M in total equity funding and is backed by Dynatrace, GreatPoint Ventures, Hyde Park Venture Partners, and StageOne Ventures.2026-05-04
- M&ARoyal Bank of Canada raised its stake in Viking Therapeutics by 13.0% in the 1st quarter.2026-05-04
- FundingCypher Metaverse Inc. (CSE:CODE) ("Cypher" or the "Company") is pleased to announce that it has closed its previously announced private placement ("Private Placement").2026-04-30
- M&ABaker McKenzie is representing TMX Group Limited (TMX) on its proposed acquisition of Cboe Australia.2026-04-27
- FundingAstra Exploration Inc. (“Astra” or the “Company“) (TSXV: ASTR) (OTCQB: ATEPF) is pleased to announce that in connection with its “bought deal” private placement (the “Offering“) of common shares of the Company (the “Shares“) at a price of C$0.77 per Share (the “Issue Price“) previously announced on April 22, 2026, led by ATB Capital Markets Corp. (“ATB Cormark“) on behalf of itself and on behalf of a syndicate of underwriters (collectively, the “Underwriters“).2026-04-22
- M&AChoice Properties REIT announced that they have agreed to acquire First Capital REIT in a unit and cash transaction valued at approximately C$9.4 billion ($6.9 billion, including the assumption of certain debt.2026-04-16
- M&APhocas Financial Corp. acquired a new stake in Commercial Bancgroup, Inc. (NASDAQ:CBK – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.2026-04-15
- M&AIn 2008, OMERS acquired Teranet for $2-billion.2026-04-14
- M&A8 minutes ago Spain’s Cellnex is in talks to sell its stake in its Swiss unit to Toronto-listed Manulife Financial Corporation’s investment management unit, according to two sources with knowledge of the situation.2026-04-14
Mergers and acquisitions
Deals from the last 24 months where a Financial Services company in Canada was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| $2B | Rumored | 2026-05-17 | ||
| $2.3M | Announced | 2026-05-04 | ||
| ASML Holding N.V. | $1.6M | Completed | 2026-05-04 | |
| $8.4M | Completed | 2026-05-04 | ||
| undisclosed | Announced | 2026-04-27 | ||
| undisclosed | — | 2026-04-24 |
Who is listing, hiring leaders, launching and winning work
Provides details on specific events like IPO filings, leadership changes, product launches, and contract wins for companies in the sector.
Montfort CapitalPaul Geyer · Resignation — was Board MemberMay 2026
First National FinancialAlpesh Sethia · Appointment → Chief Product and Technology OfficerMay 2026
Richardson WealthShawn Malloy · Appointment → Assistant Branch ManagerMay 2026
Designed Wealth ManagementSteven Carinci · Appointment → Senior Wealth AdvisorMay 2026
Coastal Community Credit UnionTaurean Seib · Appointment → SVP, Personal BankingApr 2026
Kindred Credit UnionAndrea Vrbanac · Appointment → Chief People and Culture OfficerApr 2026
TD InsuranceTDI Virtual Assistant (Generative AI chatbot)May 2026
Abaxx TechnologiesEnwex Netherlands, France, and Spain Onshore Wind futures (Financial Derivatives)Feb 2026
EquiSoftEquisoft/amplify suite (Insurance technology platform)Oct 2025
Independent Tradingwon Battery X MetalsMay 2026
Research Capitalwon Québec Innovative Materials Corp.Apr 2026
Lode Rock Advisorswon pharmacorpApr 2026
goeasywon undisclosed clientMar 2026
AIMCoscale undisclosed · cost reductionFeb 2025
Advocis~1 roles reported · cost reductionDec 2024
TMX Groupaccepted — Toronto Stock ExchangeFeb 2026
- investors in goeasy Ltd. v goeasysecurities class action · OngoingMar 2026
- riocan v Toys “R” Us CanadaTerminated lease unpaid rent · OngoingFeb 2026
Half of these companies grew revenue faster than +10.0%, half slower.
Who is building Financial Services in Canada
Profiles 923 founders and CEOs across 817 firms, noting that the University of Toronto appears 19 times as an alma mater and McKinsey is the most common prior employer (5 founders).
Ex-CEO Canadian Real Estate.
Harbourfront Gives Foundation, ex-National Bank Financial, ex-Wellington West Capital, Brock University
Fraction Technologies, ex-Brex, ex-Method Studios, The University of British Columbia, 2017
Ex-CEO Element Financial, Founder Cameron Capital, Founder & CEO Newcourt Credit Group, York University BBA 1981
HR REIT, ex-FrontFour Real Asset Alternatives, CIBC Capital Markets, Raymond James Financial, The Altus Group. McMaster University BTech & MBA…
Ex-Co-Founder Canadian Auto Repair Holdings, CTL
ex-GMP Private, ScotiaMcLeod. University of Guelph BA 1990.
Ex-Evercore Partners.
Starlight Investments, TSXV-listed Starlight U.S. Multi-Family (No. 1) Value-Add Fund…
- women113
- men745
Look up the people behind Financial Services companies in Canada
Search founders, executives and operators by company, role and location.
Who funds Financial Services in Canada
Records 493 funding rounds since 2016 from 168 investors, with the typical round amounting to $822 k.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| BDC | 5 | 1 | Apr 2026 |
| Power financial | 4 | 3 | May 2019 |
| Allianz X | 4 | 2 | May 2021 |
| TD Bank | 4 | — | Feb 2022 |
| Impression Ventures | 3 | 1 | Oct 2021 |
| Primetime Partners | 3 | 1 | Oct 2021 |
| Panache Ventures | 3 | 1 | Oct 2021 |
| Global Founders Capital | 3 | 1 | Oct 2021 |
| Greylock Partners | 3 | 1 | Oct 2025 |
| Meritech | 3 | 1 | Oct 2025 |
The typical round is $822k — half were bigger, half smaller.
The biggest Financial Services funding rounds in Canada
Highlights the largest disclosed round—Wealthsimple’s $610 M Series F—and lists ten other sizable recent funding events.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series Fmega-round | $610M | May 2021 | Meritech, Greylock Partners, Dragoneer Investment Group +15 more | |
| Series Fmega-round | $392.9M | Oct 2025 | GIC, Dragoneer Investment Group, CPP Investments +5 more | |
| Series D | $227.1M | Feb 2021 | Impression Ventures, Primetime Partners, Global Founders Capital +1 more | |
| Series D | $125M | Mar 2023 | Quebec, Export Development Canada, Fondaction +1 more | |
| Series E | $86.8M | Oct 2020 | TCV, Greylock Partners, Two Sigma Ventures +2 more | |
| Series E | $77.1M | Apr 2016 | Whitecap Venture Partners | |
| Series D | $75M | May 2019 | Allianz X, Power financial | |
| Series C | $68.7M | Nov 2021 | The Cynosure Group, Jessiman Family Investments Inc | |
| Series D | $60M | May 2015 | Whitecap Venture Partners | |
| Series C | $51.6M | Feb 2018 | Power financial |
222 venture rounds with a disclosed amount in the window.
Conventional DebtundisclosedMay 2026
Post IPO$7.3MApr 2026
Seed$5MApr 2026
Post IPO$48kApr 2026
Post IPO$1.1MFeb 2026
What the news says about Financial Services in Canada
Indexes 1,404,085 news articles from the last year, with coverage focusing on administrative divisions, geographic naming, international sports competitions, and professional league updates.
What the coverage is about
The subjects that dominate Financial Services news in Canada. The arrow shows whether each one is being written about more or less than a year ago.
- Administrative and political subdivisions4,196,888▲+17%
- Geographic naming conventions and etymology81,550▲+421%
- International sports competitions41,700→+2%
- Professional league updates34,747▲+10%
- Trade policies and agreements34,741▼-48%
- International political relations29,689▲+17%
- Olympic games coverage24,583→-3%
- Athlete transfer rumors19,435▲+15%
- Sports broadcast rights updates18,980▼-34%
- Sports governance and policy changes18,527→-2%
- 3,359
- 2,640
- 1,813
- 1,169
- 953
- 745
- 472
- 411
- 394
- 303
87 Financial Services companies here were named in the news over this period.
Watch Financial Services coverage in Canada as it happens
Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.
Momentum
The words getting louder — and quieter
Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.
The pressures the press keeps returning to
Three recurring angles in Canada Financial Services coverage, and whether each is getting more attention year on year (through 2025).
Financial Services jobs in Canada: who is hiring and what they ask for
Aggregates 23,297 job postings from 397 employers in the past year, noting top skills such as MS Office, SAP, Python and a median advertised salary of $52 k per year.
Demand
The Skills Employers Ask For
What Financial Services employers in Canada put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.
- ms office48▼
- property management software43▼
- sap25▼
- python20→
- typescript17→
- excel14▼
- javascript13▼
- react11▲
- microsoft office11▼
- django9▲
- Manager$70k/yr (n=733)
- Senior$66k/yr (n=748)
- Lead$80k/yr (n=124)
- Intern$49k/yr (n=79)
- 619
- 477
- 301
- 298
- 263
- 261
Track Financial Services in Canada beyond this page
Radar finds and filters the companies. Prism watches what is being said about them.
Direct contact details for the people on this page are held in Fliar Radar, behind its own access controls.