On FoundersPress, a subsidiary of FoundersBeta, I spoke about the recent growth the financial technology (fintech) sector in Canada, exploring both B2B and B2C companies. Canada has seen exponential growth across the fintech sector – in 2019 there was $2.7 billion of investment. According to Invest Ontario, Canadian fintech adoption has increased from 8% in 2015 to 50% in 2019. In 2021, we continue to see growth as Canadian fintech attracted $4.8B in the first half of the year.
You can continue to read more about the growth of the financial technology sector on FoundersPress.