We are a not-for-profit association that serves as the collective voice for fintechs in Canada.
Canada
Joined May 2019
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If open banking is to increase competition, Canada needs a rollout timeline that shows when Canadians can act on their data, not just view it.
Write access would let people initiate payments, fund accounts and switch providers more easily.
Budget 2026 should set public dates for each stage of the rollout, cover all account types and move forward with the industry standard. A public adoption scorecard would show whether the framework is actually reaching Canadians and having the desired impact on competition.
Read our full Budget 2026 submission, including our consumer-driven banking recommendations: fintechscanada.ca/wp-content… #Budget2026
Fintechs Canada retweeted
Tomorrow at Central 1’s Momentum 2026, Felipe Priuli, Program Director for CADD, will join Dina Vardouniotis (PAYMENTS+PARTNERSHIPS), Avinash Chidambaram (@cybrid_xyz) and Adriana Vega (@FintechsCanada) for the panel 'From Cash Management to Liquidity Orchestration: Treasury in the Age of Digital Money'
The panel will look at how stablecoins, tokenized deposits and real-time payments are changing how institutions approach treasury and liquidity management.
📍 Montreal
🗓 Tuesday, October 27
⏰ 3:30 - 4:15 PM
If you’re at Momentum, we hope to see you there!
Canada has made the commitments. Now it needs to deliver them.
Budget 2025 delivered real progress, advancing open banking and laying the groundwork for a stablecoin framework. We're glad to see momentum building on the RTR too.
We’re calling on the federal government to build on last year’s progress by:
✔️ Ensuring balanced access to the real-time rail
✔️ Moving quickly to prohibit transfer fees
✔️ Addressing the barriers that make it hard for Canadians to switch providers.
Competition only works when Canadians can find a better option and actually choose it. Budget 2026 is the chance to move at speed and turn commitments into more choice.
View our submission: fintechscanada.ca/resources/…
With the Federal government advancing the Consumer-Driven Banking Act, transferring oversight to the Bank of Canada, & targeting payment initiation by mid-2027, momentum has never been stronger.
Use FIC20 for 20% off your @OpenBankingExpo 2026 ticket 👉 bit.ly/3EBdigC
Happy Holidays from all of us at Fintechs Canada! 🎄
Thank you to our members, partners, and the broader financial community for a year of collaboration, progress, and bold ideas.
Wishing you a wonderful season and a bright year ahead.
Canada’s latest federal budget marks a major step forward for #openbanking. We sat down with @Xero's Michael Cascone, to break down what this moment means for the future of Canadian fintech and the opportunities it creates for SMEs. buff.ly/wukyLI5
Fintechs Canada brings together organizations from across the country that are building, improving, and transforming Canada’s financial ecosystem.
As a member, you’ll be part of a community working toward greater choice for Canadians while staying informed, amplifying your voice & shaping the future of fintech in Canada.
Learn more about becoming a member and the benefits of joining our community: fintechscanada.ca/member-ben…
Canada’s 2025 federal budget is here—and it delivered.
Yesterday’s commitments are huge steps toward a more competitive and resilient financial sector. We were thrilled to see nearly all of our pre-budget recommendations in the budget.
#Budget2025
The market for credit is failing SMEs in Canada. Credit is harder to come by for SMEs and more expensive when they come by it.
Read our submission to the Competition Bureau, which outlines how to fix our broken market for credit: buff.ly/14bR2Lq
#SmallBusinessMonth
We’re excited to share that our Executive Director, Adriana Vega, will be hosting the Fintech Stage at #ElevateFest2025 tomorrow!
Happening in Toronto from October 7–9, @ElevateTechCA brings together founders, investors, and innovators shaping the future of tech and finance.
Canadians pay higher fees for everyday banking than citizens of Australia and the United Kingdom do and they get less in return. Canada’s financial sector is heavily concentrated. Over the years, the UK and Australia have boosted competition in their financial sectors.
Meanwhile, Canada is still suffering from the problems boosting competition would fix: high fees and poor customer service. This year’s federal budget should make financial services more affordable for Canadians. buff.ly/0VPKEcN
According to the C.D. Howe Institute, the financial sector’s contribution to Canada’s productivity is “underwhelming.” The financial sector is not just a vault for your money. It’s the economy’s brain, deciding how to allocate capital across the economy.
SMBs make up more than 99 percent of the Canadian economy, but they’re not getting access to the financing they need to grow. Banks are lending less to SMBs than to bigger firms. And when banks do lend to SMBs, it costs SMBs more here than it does in other countries.
This year’s federal budget should make it easier for SMBs to access capital and invest in themselves and the Canadian economy. For more, check out the blueprint we sent to the government: buff.ly/0VPKEcN