Who are Calgary’s Most Influential FinTech Startups in 2023?

With the rise of emerging technologies such as blockchain and artificial intelligence, the finance industry has seen a surge in innovation. Fintech (financial technology) startups are making financial transactions easier, safer, and more accessible to individuals and institutions alike. Nowhere is this more evident than in Calgary, Alberta, where numerous fintech startups are making waves not only in Canada but across the globe. From cryptocurrency exchanges to retail investment apps, these companies are revolutionizing the finance industry in unprecedented ways.

Calgary’s vibrant startup scene is fueled by a combination of talent, infrastructure, and access to resources, making it the ideal breeding ground for innovation in finance. The city boasts a talented workforce, a thriving technology sector, and a government that supports entrepreneurship. Together, these factors create a conducive environment for fintech startups.

This article will showcase fifteen fintech startups from Calgary, highlighting their unique contributions to the finance industry. We will focus on their services, industries served, websites, and founders. These startups prove that Calgary is a hotspot for fintech innovation.


NDAX is a cryptocurrency exchange that allows you to safely trade digital assets. Whether you’re an individual or an institution, NDAX provides a platform for secure digital asset trading. Founded by Bilal Hammoud and Hussein Hammoud, NDAX operates in the Bitcoin, Blockchain, Cryptocurrency, and FinTech sectors.


Another pioneer of the fintech world is Flahmingo. It is an investment app that offers retail investors the ability to start investing commission-free using fractional shares starting at $1. The company’s services revolve around Finance, Financial Services, FinTech, and Information Technology, and its founders include Gio L. Moros, Kunal Seth, and Taran Singh Kainth.

Neo Financial

Neo Financial is a fintech company that delivers spending, savings, and rewards programs. Founded by Andrew Chau, Jeff Adamson, and Kris Read, it operates across the Finance, Financial Services, and FinTech industries.


PayShepherd is a fintech platform that aids businesses in managing their contractor billing. Developed by Jennifer Hunter and Wesley Sessenwein, PayShepherd thrives in the Billing, Financial Services, and FinTech sectors.


Catalyx, founded by Jae Ho Lee, operates a blockchain trading platform for virtual currencies and digital assets. Catalyx’s industry verticals include Blockchain, Cryptocurrency, Financial Services, FinTech, and Trading Platform.

Chroma Technologies

Chroma Technologies is a fintech firm that provides financial technology and property solutions to improve rental experiences. Founders Myles Shedden, Riley Pickerl, and Tiffany Kaminsky have made strides in the Financial Services, FinTech, Rental Property, and Software industries.


ADATRA is a groundbreaking commission-free trading platform that offers adaptive directional price predictions, news influence tools, and AI insights. Founded by Wayne Madhlangobe, it operates in the FinTech and Trading Platform sectors.

Accelerate Financial Technologies

Accelerate Financial Technologies, under the guidance of founder Julian Klymochko, develops a suite of exchange-traded hedge funds and alternative strategies. It is a significant player in the Blockchain, Financial Services, and FinTech sectors.


Rallie is a fintech company catering to women. Their platform focuses on crypto investing, with Leanne Leblanc and Meredith Wasney at the helm. The company operates across the Finance, Financial Services, FinTech, and Personal Finance sectors.


Founded by Alex Wilkinson, Houski is a platform that simplifies the mortgage process for Canadians. It operates in the Financial Services and FinTech sectors.


OneVest is an online platform that provides wealth management and financial services. It offers innovative fintech solutions in the Financial Services, FinTech, and Wealth Management industries.


Bidali offers a groundbreaking payment platform that assists companies of all sizes to accept next-generation payments and grow their business. Founders Cory Smith, David Luecke, and Eric Kryski have positioned Bidali as a leader in the FinTech, Internet, Mobile Payments, Payments, and Software sectors.


PayTrie is a payment processor for decentralized applications in Canada, designed by founder Kevin Zhang. PayTrie operates in the Cryptocurrency, Finance, FinTech, and Virtual Currency sectors.


Simplicity is a private mortgage application platform designed for both the broker and the borrower. Founded by Neil N. Babiy, it serves the Developer Platform, Financial Services, and FinTech industries.


Tykera provides growth capital for amateur sports organizations by using enrollment fees as security. Founders Eric Yeung and Harley Christensen have established Tykera as a leader in the Finance, Financial Services, FinTech, Software, and Sports sectors.

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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.