Fintechs Canada welcomes ThetaRay as its newest member

Fintechs Canada is thrilled to announce that ThetaRay has joined the association.

“A subset of fintech, regtech companies are using technology to help movers of money comply with ever-changing, increasingly complex regulatory requirements,” said Laurence Cooke, the chairperson of Fintechs Canada’s board. “ThetaRay’s AI-powered software-as-a-service solution can help financial institutions and fintechs alike in the cross border space.”

ThetaRay joins the association at a good time. Payment system modernization, and the modernization of payments policy, are set to power the growth of many fintechs across Canada. At the same time, fintechs are eying other markets, developing their plans to expand and scale globally.

“High entry barriers and reliance on legacy AML rules-based architecture have contributed to a lack of competition in Canada,” said Idan Keret, CCO of ThetaRay. “Being a member of Fintechs Canada means that, together, we can drive positive change in the payments system and help Canada, its citizens, and the wider fintech ecosystem compete on a global scale.”


About ThetaRay:

ThetaRay is dedicated to helping clients at large financial organizations, cyber security divisions and critical infrastructure become more resilient and seize opportunities. Its advanced analytical solutions operate with unprecedented speed, accuracy and scale, enabling clients to manage risk, detect money laundering schemes, uncover fraud, expose bad loans, uncover operational issues and reveal valuable new growth opportunities. To learn more about ThetaRay, visit


About Fintechs Canada:

Established in May 2019 as a not-for-profit member association, Fintechs Canada is the harmonized voice for technology companies that hold and move money operating in Canada. Fintechs Canada’s membership is growing and diverse, inclusive of consumer-facing financial technology companies, business-to-business payment processors, payment network operators, and financial institutions, among others.

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