101 Best Toronto FinTech Startups – The Future of FinTech

November 28, 2021

This article showcases our top picks for the best Toronto based FinTech companies. These startups and companies are taking a variety of approaches to innovating the FinTech industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact
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Top Toronto FinTech Startups

Data sourced from Crunchbase and SemRush.

Clearco

Clearco

Crunchbase Website Twitter Facebook Linkedin

Clearco is a suite of performance financing products and services tailor-made for founders in all stages of their journey.

HiMama

HiMama

Crunchbase Website Twitter Facebook Linkedin

HiMama is vertical SaaS with payments and content for child care and early childhood education and is a Certified B Corporation.

HiMama

Wave

Crunchbase Website Twitter Facebook Linkedin

Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.

HiMama

FreshBooks

Crunchbase Website Twitter Facebook Linkedin

FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.

HiMama

Float

Crunchbase Website Twitter Facebook Linkedin

Float offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.

HiMama

Tokens.com

Crunchbase Website Twitter Facebook Linkedin

Tokens.com is a PoS technology company that enables investors to invest in digital assets in a simple and secure way.

HiMama

KOHO Financial

Crunchbase Website Twitter Facebook Linkedin

KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone.

HiMama

Borrowell

Crunchbase Website Twitter Facebook Linkedin

Borrowell offers free credit scores, education, and weekly credit monitoring, as well as innovative financial digital tools.

HiMama

Nuula

Crunchbase Website Twitter Facebook Linkedin

Nuula offers a mobile application solution that allows small business owners to gain access to critical business metrics.

HiMama

Payfare

Crunchbase Website Twitter Facebook Linkedin

Providing instant payout and digital banking solutions for today’s workforce.

HiMama

Flexiti Financial

Crunchbase Website Twitter Facebook Linkedin

Flexiti Financial is a Canadian fintech company.

HiMama

Delphia

Crunchbase Website Twitter Facebook Linkedin

We are building the world’s first AI investment strategy that anyone can improve with their data.

HiMama

Ledn

Crunchbase Website Twitter Facebook Linkedin

Ledn builds financial products with a mission to help more people save in digital assets

HiMama

Canaccord Genuity Group

Crunchbase Website Twitter Facebook Linkedin

Canaccord Genuity is a global, full-service investment bank focused on growth companies.

HiMama

Railz

Crunchbase Website Twitter Facebook Linkedin

Railz is a single API that integrates with the majority of accounting software service providers used by small businesses.

HiMama

Relay

Crunchbase Website Twitter Facebook Linkedin

Relay is a digital bank designed for growing businesses.

HiMama

Flybits

Crunchbase Website Twitter Facebook Linkedin

The leading digital experience platform for the financial sector, delivering personalized experiences to individuals at scale.

HiMama

Lemonade Finance

Crunchbase Website Twitter Facebook Linkedin

Lemonade Finance is a digital bank that enables Africans abroad to send and receive money within minutes.

HiMama

FundThrough

Crunchbase Website Twitter Facebook Linkedin

FundThrough helps small business owners navigate their cash flow challenges with by accessing the working capital in their unpaid invoices.

HiMama

VersaPay

Crunchbase Website Twitter Facebook Linkedin

VersaPay is an Fintech company offering an Accounts Receivable Software as a Service solution and Payment acquiring services.

HiMama

Flow Capital

Crunchbase Website Twitter Facebook Linkedin

Flow Capital provides founder-friendly growth capital for high-growth companies.

HiMama

Ethoca

Crunchbase Website Twitter Facebook Linkedin

Ethoca established itself as an innovative, one-of-a-kind global collaboration-based technology services company.

HiMama

dTrade

Crunchbase Website Twitter Facebook Linkedin

dTrade is a decentralised trading platform powered by Parity Substrate.

HiMama

Financeit

Crunchbase Website Twitter Facebook Linkedin

Financeit simplifies complex sales transactions for businesses and their customers.

HiMama

Sensibill

Crunchbase Website Twitter Facebook Linkedin

Sensibill makes SKU-level data actionable, equipping financial institutions with insights to help their customers.

HiMama

CAARY Capital

Crunchbase Website Twitter Facebook Linkedin

CAARY is a digital credit, lending and payments platform, offering a corporate credit card and payments solution.

HiMama

Zafin

Crunchbase Website Twitter Facebook Linkedin

Zafin is a global enterprise software banking company that enables banks to optimize multiple revenue streams across retail/corporate banks.

HiMama

Composer

Crunchbase Website Twitter Facebook Linkedin

Composer allows users to build, test, and manage automated investment strategies without writing a line of code.

HiMama

Wealthsimple

Crunchbase Website Twitter Facebook Linkedin

Wealthsimple offers financial tools to help investors grow and manage their money.

HiMama

Nest Wealth

Crunchbase Website Twitter Facebook Linkedin

Nest Wealth is Canada’s first SaaS-based digital wealth management platform.

HiMama

Moves

Crunchbase Website Twitter Facebook Linkedin

A fintech product for the gig economy, and a collective for gig workers

HiMama

Quandl

Crunchbase Website Twitter Facebook Linkedin

Quandl is the premier source for open, commercial, and alternative data, serving investment professionals.

HiMama

PayBright

Crunchbase Website Twitter Facebook Linkedin

PayBright is a FinTech company.

HiMama

Foxquilt

Crunchbase Website Twitter Facebook Linkedin

Foxquilt is an Insurance technology company focused on empowering small businesses and B2B networks to save on Small Business insurance.

HiMama

Brim Financial

Crunchbase Website Twitter Facebook Linkedin

Brim Financial is a provider of a credit card infrastructure and digital platform used in users’ payment experience.

HiMama

Buckzy Payments

Crunchbase Website Twitter Facebook Linkedin

Buckzy Payments Inc. is a Toronto, CA-based fintech company enabling cross-border real-time payments.

HiMama

d1g1t Inc.

Crunchbase Website Twitter Facebook Linkedin

d1g1t is a digital wealth management platform powered by analytics that offers advanced, transparent portfolio management services.

HiMama

Salt Edge Inc.

Crunchbase Website Twitter Facebook Linkedin

A leader in providing banks, fintechs, lenders, credit bureaus with Open Banking API solutions, connected to 5000+ banks in 50 countries

HiMama

Bitbuy

Crunchbase Website Twitter Facebook Linkedin

Bitbuy operates as a cryptocurrency trading platform.

HiMama

Planswell

Crunchbase Website Twitter Facebook Linkedin

Planswell is on a mission to provide the world’s most actionable financial planning experience to everyone, for free.

HiMama

Dream Payments

Crunchbase Website Twitter Facebook Linkedin

Dream Payments is a fintech platform that enables merchants to sell everywhere using mobile devices.

HiMama

nanopay

Crunchbase Website Twitter Facebook Linkedin

nanopay empowers businesses and banks to scale with innovative payment and liquidity management products.

HiMama

Street Contxt

Crunchbase Website Twitter Facebook Linkedin

Street Contxt brings email intelligence to the capital markets.

HiMama

Payment Rails

Crunchbase Website Twitter Facebook Linkedin

Payment Rails is an API first payouts platform for businesses and platforms to pay on-demand workers globally.

HiMama

Finaeo

Crunchbase Website Twitter Facebook Linkedin

Finaeo helps the life insurance industry simplify distribution by automating the front/back-office of today’s complex supply chain.

HiMama

Hubdoc

Crunchbase Website Twitter Facebook Linkedin

Your key financial docs in one place. Automatically.

HiMama

BuyProperly

Crunchbase Website Twitter Facebook Linkedin

BuyProperly is an AI driven online exchange for fractional real estate investments.

HiMama

Overbond AI

Crunchbase Website Twitter Facebook Linkedin

Global AI data-stream for bond trading automation and market signals. Data aggregation, real-time pricing and smart order routing.

HiMama

Senso.ai

Crunchbase Website Twitter Facebook Linkedin

Senso is a fintech startup that uses AI to provide financial institutions with recommendations on how to strengthen client relationships.

HiMama

Aya

Crunchbase Website Twitter Facebook Linkedin

Aya is a healthcare startup that builds payment tools and programs for employee benefits packages.

HiMama

Goldmoney

Crunchbase Website Twitter Facebook Linkedin

Goldmoney is a financial services group that combines the unique attributes of gold with technology-driven innovation.

HiMama

FlipGive

Crunchbase Website Twitter Facebook Linkedin

FlipGive is a team commerce platform that connects merchants & consumers via the youth sports market

HiMama

QuadFi

Crunchbase Website Twitter Facebook Linkedin

Invisible Credit Group (Millennial & Newcomers) Risk Rating & Lending

HiMama

Lendified

Crunchbase Website Twitter Facebook Linkedin

The Lendified story begins with a wealth of banking experience, a deep knowledge of the Canadian financial services marketplace.

HiMama

Black Banx

Crunchbase Website Twitter Facebook Linkedin

Black Banx is digital Bank offering online, real time account opening for Private and Business clients from 180 countries.

HiMama

Vouchr

Crunchbase Website Twitter Facebook Linkedin

Vouchr has created an engagement platform focused on the consumer payment experience and digital transactions.

HiMama

Homewise

Crunchbase Website Twitter Facebook Linkedin

Homewise uses machine learning to match and secure clients with their best tailored mortgage options from over 30 banks and lenders.

HiMama

Sun Life

Crunchbase Website Twitter Facebook Linkedin

Sun Life Financial provides wealth management, financial security, and stability to its worldwide customer base.

HiMama

Korapay

Crunchbase Website Twitter Facebook Linkedin

Korapay offers a payment engine that enables local and global businesses to send and accept payments.

HiMama

Docoh

Crunchbase Website Twitter Facebook Linkedin

Professional-quality investment research for the 99%

HiMama

WealthAgile

Crunchbase Website Twitter Facebook Linkedin

AI-Driven Smart Crypto Platform for Investors

HiMama

Merrco Payments

Crunchbase Website Twitter Facebook Linkedin

Merrco is helps businesses thrive by bringing seamless, secure payment solutions company.

HiMama

Dealnet Capital

Crunchbase Website Twitter Facebook Linkedin

DealNet Capital services the home and retail sectors providing end-to-end financing plus innovative technology and communication solutions.

HiMama

Doorr

Crunchbase Website Twitter Facebook Linkedin

Reinventing the home-buying experience.

HiMama

Corl

Crunchbase Website Twitter Facebook Linkedin

Corl provides capital as a service solution through revenue sharing.

HiMama

Riskfuel Analytics Inc

Crunchbase Website Twitter Facebook Linkedin

Capital Market Fintech

HiMama

Finneo

Crunchbase Website Twitter Facebook Linkedin

Finneo is a debt platform that streamlines the commercial real estate financing process.

HiMama

Livelii

Crunchbase Website Twitter Facebook Linkedin

Livelii is a Techstars company, bringing a first of its kind group health and dental benefits to the independent and freelance workforce.

HiMama

Traden, Inc.

Crunchbase Website Twitter Facebook Linkedin

Traden combines interactive user generated educational content and a social community of trading teams to create the world’s first social tr

HiMama

Fortuna.ai

Crunchbase Website Twitter Facebook Linkedin

Fortuna is an AI-powered AUM Growth Platform to help Financial Services firms scale.

HiMama

Bluesky Digital As

Crunchbase Website Twitter Facebook Linkedin

Bluesky Digital is a digital asset company focused on Digital Mining, E-sports, Fintech, R&D, and Artificial Intelligence.

HiMama

Plooto

Crunchbase Website Twitter Facebook Linkedin

Plooto is a payment management platform for small and medium-sized businesses that helps to automate and streamlines their payments.

HiMama

Tier1crm

Crunchbase Website Twitter Facebook Linkedin

Tier1crm is a CRM fintech company located in Toronto.

HiMama

Blackwatch Digital

Crunchbase Website Twitter Facebook Linkedin

Blackwatch Digital operates a Crypto security platform called Dark Vault.

HiMama

Wise Publishing

Crunchbase Website Twitter Facebook Linkedin

Wise Publishing is a personal finance publisher whose popular online properties.

HiMama

Hutsy

Crunchbase Website Twitter Facebook Linkedin

Hutsy Financial is a FinTech company that provides it’s clients with faster, safer, better financial products.

HiMama

Coinlet

Crunchbase Website Twitter Facebook Linkedin

cryptocurrency exchange

HiMama

Fundingportal

Crunchbase Website Twitter Facebook Linkedin

SaaS, AI, Big Data, govtech, fintech, digital transformation, e-government

HiMama

Storspay

Crunchbase Website Twitter Facebook Linkedin

Receive and Send In-Store Payments in Crypto or Fiat

HiMama

Aspire Financial Technologies Inc.

Crunchbase Website Twitter Facebook Linkedin

Toronto-based Financial Technology Company

HiMama

Breezeful

Crunchbase Website Twitter Facebook Linkedin

Breezeful is an online mortgage brokering platform that helps to reduce the mortgage financing.

HiMama

Clip Money Inc.

Crunchbase Website Twitter Facebook Linkedin

Clip Money is the Open Financial Services Platform Built for Retail

HiMama

Moneris

Crunchbase Website Twitter Facebook Linkedin

Moneris is Canada’s largest financial technology company that specializes in payment processing.

HiMama

knnct

Crunchbase Website Twitter Facebook Linkedin

knnct removes friction from the lending process and makes lending faster, easier and far less complicated for everyone involved.

HiMama

Migrations.ml

Crunchbase Website Twitter Facebook Linkedin

Migrations.ml uses machine learning to forecast credit risk.

HiMama

DealMaker

Crunchbase Website Twitter Facebook Linkedin

DealMaker is a cloud-based platform that drastically eliminates friction in the capital-raising process.

HiMama

GroupPay Inc.

Crunchbase Website Twitter Facebook Linkedin

GroupPay mobile payment aggregator.

HiMama

BitRush Corp

Crunchbase Website Twitter Facebook Linkedin

FinTech Company focused on cryptographic technologies for financial & transactional services

HiMama

Emperor Investments

Crunchbase Website Twitter Facebook Linkedin

Emperor Platform provides the technologies that power the modern financial advisor.

HiMama

CogniFrame Inc

Crunchbase Website Twitter Facebook Linkedin

CogniFrame seeks to be the Financial Services Operating Layer that sits on top of Quantum Cloud.

HiMama

Coinberry

Crunchbase Website Twitter Facebook Linkedin

Coinberry is the fastest growing FINTRAC-registered cryptocurrency trading platform in Canada, with 0% withdrawal and funding fees.

HiMama

Social Change Rewards

Crunchbase Website Twitter Facebook Linkedin

Social Change Rewards is a Financial services technology

HiMama

Helium Investments Inc.

Crunchbase Website Twitter Facebook Linkedin

Helium Investments – Give your savings a lift

HiMama

Purpose Investments

Crunchbase Website Twitter Facebook Linkedin

Purpose Investments is committed to enabling all investors to have access to great investment products at reasonable fees.

HiMama

Syscoin

Crunchbase Website Twitter Facebook Linkedin

Syscoin aims to provide a financial infrastructure and ecosystem within the bitcoin blockchain technology.

HiMama

Benefi

Crunchbase Website Twitter Facebook Linkedin

Benefi is an employee group benefit that helps individuals escape from consumer debt.

HiMama

Apt Pay Inc

Crunchbase Website Twitter Facebook Linkedin

Apt Pay builds real time payment solutions for the Fintech industry. We provide API’s, Payment Processing, and Payment Gateway for merchants

HiMama

Boss Insights

Crunchbase Website Twitter Facebook Linkedin

Your Business Customers’ Financial Data… In Minutes

HiMama

Rise Asset Development

Crunchbase Website Twitter Facebook Linkedin

Provides low interest small business loans, free training and mentorship to individuals living.

HiMama

CapIntel Inc.

Crunchbase Website Twitter Facebook Linkedin

CapIntel is an investment sales platform used by hundreds of financial advisors and asset management sales teams in North America.

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