True North: A Celebration of Canadian Fintech

True North: A Celebration of Canadian Fintech

Canada Day is this week, July 1st. The holiday – colloquially considered by some to be Canada’s “birthday” – celebrates the decision of three provinces in 1867 – modern-day Nova Scotia, New Brunswick, Ontario, and Quebec – to unify and form the country we now know and love as Canada.

Last year, we launched our inaugural recognition of fintech companies – Finovate alums all – who were founded in or operate out of Canada. From Calgary, Edmonton, and Montreal to Ottawa, Toronto, and Vancouver, Canadian fintechs have gained a reputation for cutting-edge innovation in everything from helping small businesses secure critical financing during the COVID pandemic to advancing new use cases for the latest cryptocraze: non-fungible tokens (NFTs).

Today, we honor Canada Day with a salute to those Canadian fintechs that have joined the Finovate family since our last reporting from the Great White North.

Boss Insights (Toronto, Ontario) – demo – Business-data-as-a-service innovator bridging the data gap between banks and their business customers.

Coconut Software (Saskatoon, Saskatchewan) – demo – Customer engagement platform for financial institutions to enhance the digital and physical engagement of both staff and customers.

Dbilia (Vancouver, British Colombia) – demo – A digital memorabilia marketplace that leverages Blockchain technology and NFTs to empower creatives and enable fans to purchase their work. Best of Show winner.

FormHero (Toronto, Ontario) – demo – A low-code SaaS platform that helps enterprises build intuitive, digital front-end experiences to help them manage and orchestrate complex data collection. (Vancouver, British Colombia) – demo – An AI-driven analytics platform to enhance small business lenders’ loan origination processes with instant cash flow analysis, automated underwriting, as well as continuous monthly monitoring and real-time reporting.

We also saw the return of Flybits this spring. The Toronto-based company demonstrated its MyCard solution that consolidates all of a bank’s products and services on the bank’s existing mobile app and provides dynamic recommendations tailored to the customer’s needs.

Looking to FinovateFall in September, what can we expect from fintech’s Canadian contingent? This week we introduced the first wave of demoing companies for our annual fall fintech event and were happy to see that Finovate veteran Cinchy, from Toronto, Ontario, will be back. With FinovateFall marking the return of live demos after more than a year in a digital-only format, we can’t wait to see what other innovative Canadian fintechs will join in the fun.

Photo by Andre Furtado from Pexels

Talking ‘Bout My Generation: Meet Five of Finovate’s Newest, Youngest Startups

Talking ‘Bout My Generation: Meet Five of Finovate’s Newest, Youngest Startups

Our New Startup Highlight, launched this spring, gives us an opportunity to showcase lesser known fintech innovators that might otherwise fly under the radar.

This week, we feature five such companies — all of whom are both recent Finovate alums as well as being founded within the past year or so. Special congratulations to Dbilia and Proptee, two startups barely a year old that nevertheless wowed our Finovate audiences this year, earning Best of Show trophies in their Finovate debuts.

FinovateEurope’s Youngest Startups

  • Founded last year and headquartered in Vancouver, British Columbia, Dbilia leverages blockchain technology and non-fungible tokens (NFTs) to provide a digital marketplace for collectables and memorabilia. The company won Best of Show at FinovateEurope for its demo of its marketplace, as well as its demonstration of NFT creation, automatic NFT collection storage, and NFT shop setup. Dbilia was founded by Everett Kohl, who is the company’s CEO.
  • Less than one year old, Proptee made its Finovate debut at FinovateEurope in March, demonstrating its commission, property stock exchange. Proptee enables investors to buy and sell shares in real estate that is listed by property owners on its platform. The technology, which helped the company earn Best of Show honors at FinovateEurope in March, combines the liquidity and transparency of the stock market with the stability of real estate investment. Proptee was co-founded by Benedek Toth (CEO) and Alexandru Rosianu (CTO) and is based in London, U.K.

Three Startups from FinovateSpring

  • An insights platform that helps financial services companies and other organizations optimize for financial health, Attune demoed its technology at FinovateSpring earlier this month. The company, founded in January 2020 and headquartered in Chicago, Illinois, offers firms a robust assessment tool that measures the financial health of both individuals and populations over time. The solution then leverages nationally-representative, longitudinal benchmarks to help clients understand and operationalize the results. John Thompson is President.
  • Giving community financial institutions the kind of real-time visibility into client data that larger institutions have is the mission of San Mateo, California-based Finalytics.AI. Launched in January of 2020, Finalytics.AI made its Finovate debut at FinovateSpring. At the conference, the company showed how its platform leverages machine learning dynamic segmentation, and dynamic content creation to help community-based FIs better understand and serve their customers. The technology also helps them compete with the digital prowess of the big banks and digital-only institutions. Craig McLaughlin is CEO.
  • Headquartered in Kirkland, SecureSave demonstrated its workplace savings program at FinovateSpring earlier this month. The company offers a savings app that is designed to help employees build an emergency fund easily and automatically. By partnering with employers, SecureSave makes emergency savings a “high impact new benefit” that companies can use to support the financial wellness of their workers. CEO Devin Miller and CTO Bassam Saliba co-founded the company in the fall of 2020.

FinovateEurope Best of Show Winners Announced

Our first all-digital European fintech conference is in the books. And given a little extra time to resolve a truly historic number of tied votes, our attendees have decided which companies will take home our Best of Show trophies for FinovateEurope 2021.

This year’s winners are:

Dbilia for its digital memorabilia that leverages blockchain and NFTs to enable fans to invest in creatives. Video.

Proptee for its global property app that helps reinvent the way people invest in real estate. Video.

Quantum Metric for its technology that helps retail banks differentiate on the digital experience, improve digital adoption, and enhance internal efficiencies. Video.

Thanks to all of our demoing companies, our partners and sponsors, and to you, our attendees in the fintech and financial services community. Be sure to stay in touch with the Finovate blog in the days and weeks to come for more information on our “Spring Collection” of webinars, networking opportunities, and upcoming conferences – including FinovateSpring in May.

Notes on methodology:
1. Only audience members NOT associated with demoing companies were eligible to vote. Finovate employees did not vote.
2. Attendees were encouraged to note their favorites during each day. At the end of the last demo, they chose their three favorites.
3. The exact written instructions given to attendees: “Please rate (the companies) on the basis of demo quality and potential impact of the innovation demoed.”
4. The three companies appearing on the highest percentage of submitted ballots were named “Best of Show.”
5. Go here for a list of previous Best of Show winners through 2014. Best of Show winners from our 2015 through 2020 conferences are below:
FinovateEurope 2015
FinovateSpring 2015
FinovateFall 2015
FinovateEurope 2016
FinovateSpring 2016
FinovateFall 2016
FinovateAsia 2016
FinovateEurope 2017
FinovateSpring 2017
FinovateFall 2017
FinovateAsia 2017
FinovateMiddleEast 2018
FinovateEurope 2018
FinovateSpring 2018
FinovateFall 2018
FinovateAsia 2018
FinovateAfrica 2018
FinovateEurope 2019
FinovateSpring 2019
FinovateFall 2019
FinovateAsia 2019
FinovateMiddleEast 2019

FinovateEurope 2020

FinovateFall 2020

FinovateWest 2020