Ontario’s FinTech Scene is Booming – Here are the Top 15 Startups to Watch

Innovative Companies Making Waves in Canada's Financial Technology Scene

Ontario, Canada is home to a growing number of innovative FinTech startups that are revolutionizing the way we manage our finances. From AI-driven investment strategies to decentralized exchanges, these companies are at the forefront of the digital finance revolution. In this article, we will highlight 15 of the most interesting and promising FinTech startups in Ontario.


Peggy is a secure marketplace that enables investment grade art to be bought and sold. Founded by Adam Meghji and Craig Follett, Peggy uses artificial intelligence to ensure that art transactions are safe and secure.


Delphia uses AI and machine learning to help anyone improve their investment strategy. The platform is built to help individuals and hedge funds make smarter investment decisions. Co-founded by Andrew Peek, Cameron Westland, and Clifton van der Linden, Delphia is helping people take control of their finances.


Float is a spend management solution that offers a corporate card and invoice management for businesses. Founded by Griffin Keglevich, Rob Khazzam, and Ruslan Nikolaev, Float simplifies corporate finance management and helps businesses keep their finances organized.


Uplinq is a global credit assessment and scoring platform for small business lenders. Co-founded by Patrick Reily and Ron Benegbi, Uplinq helps small businesses get access to the financing they need to grow and thrive.


Newton.co is a cryptocurrency trading platform that allows users to buy and sell Bitcoin and Ethereum instantly. Available on iPhone, Android, and the web, Newton.co makes cryptocurrency trading easy and accessible. Founded by Dustin Walper, Erynn Saunders, and Tyson Leslie.


Ledn is building financial products to help more people save in digital assets. Co-founded by Adam Reeds and Mauricio Di Bartolomeo, Ledn is focused on helping people take control of their finances and build a more secure financial future.


Payments Buckzy Payments is a fintech company that enables cross-border real-time payments and Banking-as-a-Service. Founded by Abdul Naushad, Buckzy Payments is helping to make international payments more efficient and affordable.

Firefly Exchange

Firefly Exchange is a decentralized, orderbook-based exchange with sub-second trade settlement. Founded by Nikodem Grzesiak and Zabi Mohebzada, Firefly Exchange is helping to bring more transparency and efficiency to financial markets.

Lemonade Finance

Lemonade Finance is a digital bank that enables Africans abroad to send and receive money within minutes. Founded by Olalere Ridwan and Rian Cochran, Lemonade Finance is helping to bridge the gap between financial services in Africa and the rest of the world.


Railz is a single API that integrates with the majority of accounting software service providers used by small businesses. Founded by Derek Manuge, Ron Benegbi, and Sohaib Zahid, Railz is making accounting easier and more efficient for small businesses.


Composer allows users to build, test, and manage automated investment strategies without writing a line of code. Co-founded by Ananda Aisola and Benjamin Paul Rollert, Composer is making investment management more accessible to everyone.


Caary is a digital credit, lending and payments platform, offering a corporate credit card and financial management solution. Founded by Jason Sawyer and Steve Apostolopoulos, Caary is making it easier for businesses to manage their finances and access credit.


Aya is a healthcare startup that builds payment tools and programs for employee benefits packages. Co-founded by Chanddeep Madaan and Joanna Armatys, Aya is helping to simplify the complex world of healthcare payments.


CapIntel is an investment sales platform used by thousands of financial advisors and asset management sales teams in North America. Founded by James Rockwood, Maxim Moreau, and Rob Crnkovic, CapIntel is helping financial advisors make smarter investment recommendations and provide better service to their clients.


QuadFi is a fintech firm providing underserved credit groups with fair and affordable loans. Co-founded by Manny Nikjoo, QuadFi is helping to address the systemic issues of inequality in the financial industry.


Ontario’s FinTech startups are making waves in the financial industry with their innovative and disruptive ideas. From blockchain art marketplaces to AI-driven investment strategies, these companies are changing the way we think about and manage our finances. As the world becomes increasingly digital, these startups are poised to lead the charge in the digital finance revolution.

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CanadaVenture.news is a Canadian venture magazine that covers startups, business, technology, and innovation in Canada. The online publication provides news, insights, and resources for entrepreneurs, investors, and business professionals, featuring articles, interviews, and analysis of the latest trends and developments in the Canadian startup ecosystem.