Unlocking Innovation: 15 Mobile Payment Startups Transforming Canada’s Economy

Canada’s technology ecosystem has been buzzing with innovation, particularly in the realm of mobile payments. These startups are revolutionizing how we make transactions, bridging the gap between traditional banking and modern digital convenience. Let’s take a closer look at some of the most intriguing mobile payments startups in Canada that are shaping the future of financial interactions.

BlocPal International Inc.

BlocPal International Inc. is a trailblazer in the digital transaction solutions space. With a suite of integrated financial services and applications, BlocPal partners with businesses to enhance their financial transactions. Its focus on blockchain technology brings security and transparency to mobile payments, paving the way for a more efficient and secure financial landscape.

Leav: Revolutionizing Retail Technology

Based in Montreal, Leav is on a mission to transform the retail industry with its store automation platform. By seamlessly integrating mobile payments into the retail experience, Leav enhances customer convenience and provides retailers with invaluable insights into consumer behavior. Leav’s innovation is a step toward the future of retail, where mobile payments are at the forefront of transactions.

Tango: Empowering Hospitality Businesses

Tango is making waves by providing technology infrastructure for hospitality businesses. With a focus on analytics and machine learning, Tango optimizes mobile payments and transaction processing in the hospitality sector. This startup is streamlining the payment experience, ensuring seamless transactions for both businesses and customers.

GreenGreen: All-in-One Fintech Solution

GreenGreen is disrupting the fintech scene by offering an app that combines payment and credit functionalities. Whether it’s in-store or online payments, GreenGreen provides a holistic solution. This innovation simplifies financial interactions and empowers users to manage their payments and credit in a single app.

GroupPay Inc.: Revolutionizing Mobile Payments

GroupPay Inc. is redefining mobile payments with its aggregation platform. By seamlessly integrating various payment methods, GroupPay simplifies financial transactions for both businesses and consumers. This startup’s innovation is a step toward a more inclusive and accessible financial ecosystem.

Storspay: Crypto and Fiat In-Store Payments

Storspay is making cryptocurrency payments practical in the real world. By enabling in-store payments in both crypto and fiat currencies, Storspay bridges the gap between digital and traditional payments. This innovation opens up new avenues for the adoption of cryptocurrencies in everyday transactions.

Fincra: Enabling Secure Cross-Border Payments

Fincra is a game-changer in cross-border payments. With its secure payment solutions, Fincra facilitates the movement of money across borders, empowering businesses to accept payments globally. This startup’s developer APIs and network security measures are enhancing the efficiency and security of international transactions.

STACK: Instant Rewards and Money Management

STACK is all about providing instant rewards and effective money management tools. This startup’s focus on banking and mobile payments creates a unique synergy that benefits users’ financial health. By offering rewards and empowering users to manage their finances, STACK is changing the way people approach payments.

MinervaAI: Revolutionizing Compliance with AI

MinervaAI is at the forefront of regtech innovation. By leveraging deep learning and automation, this platform is revolutionizing Anti-Money Laundering (AML) compliance tasks. In the realm of cryptocurrency and financial services, MinervaAI’s technology is streamlining processes and ensuring adherence to regulatory standards.

Clearly Payments: Award-Winning Transaction Processor

Clearly Payments stands out as an award-winning payment and credit card processor in Canada. With a focus on credit cards, point of sale systems, and mobile payments, this startup is driving efficiency and security in payment processing. Clearly Payments’ recognition highlights its impactful contribution to the fintech landscape.

Bidali: Next-Gen Payment Platform

Bidali is empowering businesses, both large and small, with its payment platform. By enabling next-generation payments, Bidali is supporting business growth and expansion. This startup’s commitment to simplifying payments is opening up new avenues for businesses to thrive in a digital economy.

Workerappz: Simplifying Financial Services

Workerappz is bringing convenience to financial services with its app-based money transfer, remittance, bill payment, and mobile recharge solutions. This startup’s innovation is enhancing accessibility to financial transactions, particularly for those who rely on mobile devices.

App8: Digitizing Food Service Brands

App8 is transforming the food and beverage industry by digitizing ordering solutions. With a focus on mobile payments and software integration, App8 is enhancing customer experiences and empowering food service brands. This startup’s innovation is reshaping how customers interact with food establishments.

Apaylo: E-Commerce and Transaction Processing

Apaylo is making waves in e-commerce and transaction processing. By offering efficient payment solutions and transaction processing services, Apaylo supports businesses in their online endeavors. This startup’s focus on fraud detection and transaction security is fostering trust in digital payments.

Paymath: Empowering SMBs with Payment Solutions

Paymath is dedicated to empowering small and medium-sized businesses (SMBs) with efficient payment solutions. By offering virtual, integrated, in-person, and online payment options, Paymath is making financial transactions seamless for SMBs. This startup’s innovation is crucial for the growth and success of SMBs in the digital age.


The mobile payments landscape in Canada is vibrant and dynamic, with startups like BlocPal International Inc., Leav, Tango, and many others pushing the boundaries of innovation. These companies are not only transforming the way we make payments but also enhancing security, accessibility, and efficiency across various industries. As these startups continue to evolve and thrive, they contribute significantly to Canada’s position as a hub for fintech and mobile payment innovation.

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Canada Venture News

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.