Canada is home to some of the world’s most promising financial firms and companies. Canada includes both startups and established firms operating in nearly every financial area.
When it comes to developing financial technology (fintech) businesses, Canada may not be as well-known as its U.S. counterparts in terms of innovation and technical advancement. The Canadian fintech industry is indeed smaller and less developed than those in other countries, but it is still booming and there is no indication that this will change very soon. Canadian fintech startups raised $251 million in the first half of 2019. During the same period last year, $133 million was raised, nearly double the amount raised this year.
Whether you are an employee, a small company owner, an investor, an entrepreneur, or a computer expert, there are bound to be a few useful firms on this list.
1. Creditcard Genius
Launched in 2017, Creditcard Genius immediately evaluates 126 distinct aspects of over 200 credit cards to offer you the best alternative. You might specify your desired advantages, such as the type of rewards you receive, fees, interest rates, and so on. Creditcard Genius makes it as simple as entering a few of your criteria to find the perfect credit card for you. They also use their network to assist in obtaining third-party input, and they presently have 1,300 consumer reviews and 40,000 email subscribers.
Clearco (Formerly Clearbanc) aims to make it easier for startup entrepreneurs to acquire finance, regardless of the stage of their firm. So far, they’ve invested more than $2 billion in over 4,500 firms in seven countries. They have also formed venture agreements with several well-known investors, including Gary Vaynerchuk, Chamath Palihapitiya, and Matt Salzburg. Clearco has backed several well-known companies, including Haus, Untuckit, and Farmgirl Flowers.
Assuming you find it difficult to balance your checkbook, you might try utilizing CalendarBudget. CalendarBudget will help you arrange your budget and keep on top of your financial objectives and commitments for just $3.99 each month.
They have been assisting clients with tracking expenditures, reducing impulsive purchases, purchasing items with cash rather than a credit card, and paying bills on time since 2009. CalendarBudget also provides personal financial education materials such as a blog and a free video course on money management. They are an excellent resource for anyone looking to improve their financial situation.
4. Brim Financial
Brim Financial promises on its home page that “the future of banking is today,” and backs it up with a cutting-edge credit card infrastructure and digital platform. They provide a variety of corporate and consumer credit cards, all of which allow you to buy now and pay later. Brim, Brim World, and Brim World Elite are the three cards they provide, each with different levels of incentives, and one of the great things that Brim Financial offers is free worldwide wifi at any Boingo site.
If you utilize several separate accounts to keep all of your financial assets, you might think about utilizing Wealthica. Wealthica links to all of your existing financial institutions and syncs them daily, allowing you to see all of your assets in one location. This means you can log in to their site and instantly see how your stocks, cryptocurrencies, net worth, and other assets are performing. Wealthica has received hundreds of favorable reviews and has been highlighted in the Globe and Mail, the Toronto Star, Maple Money, and other publications.
6. Koho Financial
Koho Financial provides their customers with another option for spending their money. They are not officially a bank, but rather a separate checking account that provides you with rewards for spending in the same manner that a credit card does. It works by transferring money from your regular bank account to your Koho account and then spending it with a debit card that gives incentives.
They have a partnership with Mastercard for their debit card, so you can be confident that it will function at any merchant. They also claim that the typical KOHO customer saves 7% of the money loaded into their account. They have four distinct debit cards to pick from, each with its own set of benefits.
For all of your financial decisions, Hardbacon is a one-stop shop. They provide all of the tools you need to plan, budget, invest, and locate the most profitable financial solutions for you. With so numerous financial products available, it can be tough to know where to begin. Hardbacon makes it simple to go through these many tools and compare credit cards, savings accounts, brokers, mortgages, checking accounts, and more. They also have a wealth of educational materials in the type of blogs, courses, and reviews.
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