Paytechs submit policy priorities to House finance committee

Fintechs Canada made a submission to the House of Commons Standing Committee on Finance (FINA) in advance of the 2023 federal budget. Fintechs Canada is committed to accelerating progress on Canada’s financial services competition and innovation agenda, without compromising the stability and security of the sector. In its submission, Fintechs Canada made the following recommendations. […]

New research sees opportunity to increase competition in banking

Canada’s banking sector is more concentrated and shows some signs of being less competitive than that of its peers, according to new research by McMaster University’s MPP in Digital Society Program. Though different metrics have different stories to tell about the level of competition in Canada’s banking sector, the report finds ways for policymakers to […]

Paytechs welcomes SAVVII as newest member

Fintechs Canada is pleased to welcome SAVVII to the association. “SAVVII’s commitment to redefining financial health is an excellent representation of what fintech can do for Canadians,” said Laurence Cooke, chair of the board of Fintechs Canada. “Their exciting and innovative approach developing financial services is exactly what this country needs and we’re excited to […]

Fintechs Canada welcomes Paysend as its newest member

Fintechs Canada is thrilled to announce that Paysend has joined the association. “Paysend began with a vision to change how people manage their everyday finances,” said Laurence Cooke, chairperson of the board of Fintechs Canada. “They’ve grown tremendously, now with millions of customers for money transfers to over 150 countries around the world.” Canada is […]

Fintechs Canada submits response to pre-budget consultation

Fintechs Canada participated in the federal government’s pre-budget consultation in advance of the 2022 budget, which will contain the government’s plan for creating jobs and growing the economy. The association’s written submission recommended a number of ways Canada could make it’s financial sector more competitive and innovative, more inclusive, and more robust in the face […]

Fintechs Canada welcomes its newest member, Trustly

Fintechs Canada is thrilled to announce that Trustly has joined the association. “With its open banking payments product, Trustly is a healthy dose of competition in the Canadian payments market,” said Laurence Cooke, chairperson of the board of Fintechs Canada. “We lack alternatives to legacy ways to pay, but this is beginning to change as […]

Fintechs Canada welcomes its newest member, MoneyClip

Fintechs Canada is thrilled to announce that MoneyClip has joined the association. “MoneyClip’s goal is to reduce the pain points consumers feel with everyday finances and also reduce fees for business, letting businesses get paid instantly using either fiat or cryptocurrency,” said Alex Vronces, executive director of Fintechs Canada. “At Fintechs Canada, we push for […]

Fintechs Canada welcomes its newest member, Block

Fintechs Canada is thrilled to announce that Block, Inc. has joined the association. “We’re pleased to have Block become a member of our association,” says Alex Vronces, Executive Director of Fintechs Canada. “To name only one aspect of their leadership, Block’s Square business has been instrumental in leveling the playing field for business owners in […]

Fintechs Canada welcomes Mastercard as newest member

Fintechs Canada is thrilled to announce that Mastercard has joined the association. “Mastercard is powering innovation by partnering and collaborating with fintechs,” said Laurence Cooke, chair of the board of Fintechs Canada. “We’re excited to work with Mastercard as they continue to launch products in Canada and enable fintech innovation that’s good for businesses and […]