Seven Canadian companies have been included on the 2020 edition of CB Insights’ FinTech 250 list, which tracks the top private FinTech startups from around the world.
CB Insights chooses the companies based on several factors including data submitted by the companies, business models and momentum in the market, as well as overall health and growth potential.
Here are the seven Canadian companies that made the 2020 list, joining list alumni Wealthsimple, Wave, and Bench.
TouchBistro, Toronto
Founded in 2010, TouchBistro sells point-of-sale (POS) software and a restaurant management platform specifically for the restaurant industry.
During the pandemic TouchBistro is supporting restaurant partners through their Restaurant Recovery Navigator program with waived fees for products that can help businesses adapt.
Clearbanc, Toronto
Led by Michele Romanow and Andrew D’Souza, Clearbanc has developed an alternative, data-based funding model for e-commerce, SaaS, and mobile app startups.
Instant Financial, Montreal & Vancouver
Vancouver-founded Instant Financial has developed what it calls an “earned wage access and pay card solution,” which gives employees access to pay after every shift.
Instant Financial’s customers span a number of large American brands including McDonald’s, Chili’s, KFC, Taco Bell, and more. Instant Financial has offices in Montreal and Vancouver and is hiring.
League, Toronto
League has developed an enterprise health operating system, which uses data to provide a single access hub for employees to engage with their health, lifestyle, and benefit programs.
League has raised more than $76 million to date including a strategic investment from Workday Ventures, the investment arm of HR cloud software company Workday. League is hiring in Toronto.
NorthOne, Toronto
NorthOne offers a mobile-first API-based bank account and mobile app for startups and small businesses. The product is meant to help its customers manage their finances and integrate all of their financial tools.
NorthOne is hiring in Toronto for a variety of roles includes Social Media Manager, Growth Engineer, and Designer.
Q4, Toronto
Q4 Inc. was founded in 2006 with the goal of improving the effectiveness of investor relations through innovative, forward-thinking website solutions.
Knowing the positive effect a sophisticated web presence would have on investor sentiment and value creation, the Q4 team designed an alternative approach to IR websites that put storytelling first and emphasized intuitive corporate reporting.
Trulioo, Vancouver
Founded in 2011, Trulioo offers a robust and comprehensive global identity verification solution. Through one single portal/API, Trulioo can assist with all AML/KYC identity verification requirements by providing secure access to over 5 billion identities worldwide.
Trulioo’s mission is to create products that solve online identity verification challenges in a way that is accessible to both SME and large enterprise customers.