69 Best Financial Technology Startups in Canada to Watch in 2024

The Definitive Seedtable Ranking of Financial technology Startups in Canada

Canada: A hub for AI and cleantech innovation. With Toronto leading the charge, companies like Shopify, Lightspeed, and Element AI are making global waves. Canada’s startup ecosystem is growing fast, with a focus on sustainability and smart technology.

We track 22,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 16 start-ups . with an aggregate funding of $923M. The average funding per company in this subset is $57.7M.

Last update to the database: Oct 29, 2024. See changelog.

Trulioo

Trulioo is a Vancouver-based company offering an electronic identity verification platform.

CybersecurityEnterprise softwareIdentity management

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

501 - 999

Seedtable Rank:

# 314

Total Raised: $465.96M

Last Funding: $2.00M (Seed)

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Neo Financial

Neo Financial is a Calgary-based financial technology company founded in 2019.

TechnologyFinancial technologyFinance

Location:

🇨🇦 Calgary, Alberta

Canada

Employees:

501 - 999

Seedtable Rank:

# 671

Total Raised: $228.70M

Last Funding: $145.00M (Series C)

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FreshBooks

FreshBooks is a Toronto-based developer of cloud-based accounting software for businesses and individuals.

Enterprise softwareTechnologySoftware

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

501 - 999

Seedtable Rank:

# 866

Total Raised: $153.75M

Last Funding: $80.75M (Series E)

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Wealthsimple

Wealthsimple is a Toronto-based robo-advisor founded by Mike Katchen.

Personal financeTechnologyFinancial technology

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

201 - 499

Seedtable Rank:

# 1973

Total Raised: $62.60M

Last Funding: $37.00M (Series B)

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Quandl

Quandl is a Toronto-based company founded in 2009.

TechnologyFinancial technologyFinancial services

Location:

🇨🇦 Toronto, Ontario

Canada

Seedtable Rank:

# 2864

Total Raised: $12.00M

Last Funding: $12.00M (Series B)

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HIVE Blockchain Technologies Ltd.

HIVE is a Vancouver-based blockchain infrastructure company.

HardwareTechnologyDigital currency

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

11 - 49

Seedtable Rank:

# 12982

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Delphia

Delphia is a Toronto-based artificial intelligence company that was founded in 2017.

Machine learningTechnologySoftware as a service (SaaS)

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

11 - 49

Seedtable Rank:

# 12982

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Dapper Labs

Dapper Labs is a software developer that creates blockchain-based video games and platforms.

GamingTechnologyDigital currency

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

501 - 999

Seedtable Rank:

# 16576

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Bench

Bench is a company founded in 2012 by Jordan Menashy, Pavel Rodionov, Adam Saint and Ian Crosby.

TechnologySoftwareCloud computing

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

501 - 999

Seedtable Rank:

# 16576

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COINUT

Cryptocurrency company

TechnologyFinancial technologyFinance

Location:

🇨🇦 Toronto, Ontario

Canada

Founded:

2013-12-01

Employees:

1 - 9

Seedtable Rank:

# 16576

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Financeit

Financeit is a company founded in 2011.

LendingTechnologySoftware as a service (SaaS)

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

201 - 499

Seedtable Rank:

# 18868

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VersaPay

VersaPay is a Toronto-based company founded in 2006.

TechnologyCloud computingSoftware as a service (SaaS)

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

201 - 499

Seedtable Rank:

# 18868

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Koho (company)

Koho is a company founded in 2014.

TechnologyFinancial technologyFinancial services

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

201 - 499

Seedtable Rank:

# 18868

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Tasktop

Tasktop provides companies with visibility into software portfolios and develops actionable insights for business value.

Enterprise softwareTechnologySoftware

Location:

🇨🇦 Vancouver, British Columbia

Canada

Founded:

2007-01-17

Employees:

201 - 499

Seedtable Rank:

# 18868

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Vena

Vena Solutions is intuitive budgeting, planning and revenue forecasting software for medium to large sized organizations. Vena embraces Microsoft Excel and turns it into an enterprise cloud solution with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Unlike traditional software that replaces Excel with rigid, hard-to-use applications with a steep learning curve, Vena is the easiest way for finance and sales professionals to get trusted numbers and insights - fast. Visit us on Twitter: www.twitter.com/venasolutions and Facebook: https://www.facebook.com/venasolutions

Enterprise softwareTechnologySoftware

Location:

🇨🇦 Toronto, Ontario

Canada

Employees:

201 - 499

Seedtable Rank:

# 18868

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Procurify

Procurify was developed to streamline purchases, give spending reports and visibility throughout the purchasing process.

Enterprise softwareTechnologySoftware

Location:

🇨🇦 Vancouver, British Columbia

Canada

Employees:

51 - 199

Seedtable Rank:

# 21876

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