North America’s fastest-growing tech conference takes place in Toronto next week.
Collision brings together Fortune 500 companies, groundbreaking startups, and world-class speakers under one roof. But at its core, Collision is a startup conference and this year there are over 90 fintech startups from across Canada exhibiting.
The startups that exhibit at Collision are assigned to a category depending on the company size and revenue.
ALPHA startups are in the pre-investment stage or have under $1 million in funding. BETA startups have launched successfully, found a market fit, and are generating revenue. GROWTH startups have raised over $3 million and are experiencing considerable growth and expanding globally.
Here are six Canadian fintech startups that we’ll be checking out next week at Collision.
GROWTH Startups:
Emma, Montreal – Emma is the first Canadian platform to offer a fully online solution for buying life insurance. A year after taking part in the inaugural cohort of the Intuit Prosperity Accelerator, Emma grew by more than 500% and raised a $6 million Series A Round led by Luge Capital last year.
BETA Startups:
Chexy, Toronto – Chexy is Canada’s first payments platform that enables tenants to earn rewards through consistent on-time rent payments. Through the Chexy platform, tenants can earn rewards by using their preferred credit cards for rent payments and earn additional cashback towards their rent through everyday spending with popular household brand names.
Vault, Toronto – Vault’s mission is to revolutionize the financial experience for Canadian SMBs by providing them with a platform to manage their money while saving on costly banking fees. Business owners can sign up for an account in as little as five minutes. Once approved, they will gain access to robust financial products and services not easily available to SMB owners, with no monthly or annual fees or minimum balances.
ALPHA Startups:
Bless, Toronto – Bless is marrying AI and fintech for the benefit of the Canadian consumer. Bless aims to provide an AI-powered banking app to simplify financial management. It is designed to be a versatile financial advisor for anyone in need. The AI platform can also analyze spending habits, create budgeting plans, and provide valuable insights to help users make more informed financial decisions.
Paiid, Vancouver – Established with a vision to streamline payment processing, Paiid has developed an omni-channel platform that integrates e-commerce and mobile payments across a range of currencies, including crypto. From traditional card schemes and digital wallets to more recent advancements like Buy Now Pay Later and QR code, Paiid accepts over 100 different payment types across the globe.
Village Wellth, Calgary – Village Wellth helps people selling businesses search & connect with pre-qualified buyers (acquisition entrepreneurs) who have direct access to acquisition financing. Village Wellth’s all-in-one acquisition platform is transforming buyer and seller experiences. By connecting business buyers with dealflow, one-click capital, digital tools and guidance they are able to learn, compete and execute on transactions like an acquisition professional.
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