This article showcases our top picks for the best Toronto based Banking companies. These startups and companies are taking a variety of approaches to innovating the Banking industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Toronto Banking Startups
Data sourced from Crunchbase and SemRush.
Relay
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Relay is a digital bank designed for growing businesses.
Sensibill
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Sensibill is a digital receipts ecosystem that allows customers to access receipts directly from bank accounts.
Zafin
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Zafin is a global enterprise software banking company that enables banks to optimize multiple revenue streams across retail/corporate banks.
Tier1 Financial Solutions
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Tier1 Financial Solutions is a provider of client relationship management (CRM), KYC & AML compliance, and fraud prevention solutions.
Salt Edge Inc.
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A leader in providing banks, fintechs, lenders, credit bureaus with Open Banking API solutions, connected to 5000+ banks in 50 countries
RBC Capital
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Royal Bank of Canada is a financial services company that focuses on banking, wealth management, insurance, investment, and capital markets.
Brim Financial
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Brim Financial is a provider of a credit card infrastructure and digital platform used in users’ payment experience.
CAARY Capital
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CAARY is a digital credit, lending and payments platform, offering a corporate credit card and payments solution.
Payment Rails
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Payment Rails is an API first payouts platform for businesses and platforms to pay on-demand workers globally.
Scotiabank
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Scotiabank offer personal, commercial, corporate & investment banking products and services.
Lendified
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The Lendified story begins with a wealth of banking experience, a deep knowledge of the Canadian financial services marketplace.
Bank of Montreal (BMO)
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Bank of Montreal, a financial services provider, offers retail banking, wealth management and investment banking products and solutions.
CIBC
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Canadian Imperial Bank of Commerce is a Canadian financial institution that provides its clients with banking services.
PitchPoint Solutions
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PitchPoint Solutions is a leading provider of fraud prevention services with the systems, people and experience to quickly validate loan
Black Banx
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Black Banx is digital Bank offering online, real time account opening for Private and Business clients from 180 countries.
Every
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Every is a bank account designed for online businesses.
Emperor Investments
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Emperor Platform provides the technologies that power the modern financial advisor.
Payfare
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Providing instant payout and digital banking solutions for today’s workforce.
HomeEquity Bank
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The first canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over
Toronto Dominion Bank Group
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Toronto Dominion Bank Group offers a full range of financial products and services.
Quinsam Capital
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A merchant bank based in Canada and operating internationally.
STACK
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STACK delivers a smarter way to spend, save and share your money, straight from your mobile and fee-free, like it should be.
Duo Bank of Canada
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Duo Bank is a Canadian Bank founded on a mission to provide value-driven financial products that are clear and simple.
Intercap
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Intercap Inc. is a merchant bank based in Toronto, Canada.
Interac
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Interac is a provider of financial banking and debit card services.
Tangerine Bank
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Tangerine Bank known as the bank that helps Canadians save their money.
BMO Corporate Banking
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BMO Capital Markets is a financial company by BMO Financial Group for the wholesale banking businesses of Bank of Montreal.
Boss Insights
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Your Business Customers’ Financial Data… In Minutes
4Front Capital Partners
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4Front Capital Partners operates as an independent investment bank.
HealthBank
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The leading consumer & enterprise healthcare payments infrastructure for patients, providers, pharmacies, insurance carriers, benefits & HR.
The Canadian Securities Exchange
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CSE is the only exchange in Canada providing trading and market information services for all domestically listed instruments.
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Paramount Commerce
Paramount Commerce is a financial services company that enables customers to make purchases online directly from their bank account.
ASAPP Financial Technology
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ASAPP Financial Technology provides omni-channel account and loan origination solution for retail and small-business banking.
Spend
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Spend develops a universal bank account that merges cryptocurrency seamlessly to fiat.
Financial Services Regulatory Authority
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Financial Services Regulatory Authority is a financial services company that specializes in evolving commercial and consumer environment.
Prodigy Labs
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Prodigy Labs is a product development service organisation
RBC
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Royal Bank of Canada is a global financial institution.
DBRS
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DBRS is an independent, privately held, globally recognized credit ratings agency.
Versabank
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Versabank is committed to the ongoing support of a variety of charitable and non-profit organizations in communities.
MLG Blockchain Consulting
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MLG Blockchain Consulting develop next generation blockchain applications using blockchains and smart contract technology.
NvestBank
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NvestBank is a suite of blockchain enabled financial applications for consumer and merchant banking.
Hillcore Group
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The Hillcore Group is a leading independent Canadian investment and advisory firm.
Acxsys
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Acxsys Corporation engages in the development and operation of electronic payment serivces.
Nvest Group
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Nvest Global Enterprises is a financial services finance company located in Toronto.
Home Trust Company
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Home Trust is a financial product and service alternatives, including mortgages, Visa cards, deposits and retail credit services.
IBK Capital
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IBK Capital Corp. is an independent, privately owned investment banking firm which offers a full range of services.
CST Consultants
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CST help families keep their money safe and growing in a registered education savings plan (RESP).
Dwello
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Dwello is a Canada-based company that helps its users process rental payments.
Haventree Bank
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Haventree Bank is a financial services banking company located in Toronto.
CommonWealth Fund Services
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CommonWealth Fund Services, a fund administrator.
VoiceGenie Technologies
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VoiceGenie Technologies is the provider of open VoiceXML platform solutions, development environments, and tools.
DelphX
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DelphX is a capital market company that offers fixed income solutions through the global bond market segment.
Harmonic Fund Services
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Harmonic Fund Services is a financial service company located in Toronto.
Morrison Financial Services Limited
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Morrison Financial Services Limited
Hampton Securities
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Hampton Securities is a Investment Industry Regulatory Organization of Canada.
DUCA Financial Services Credit Union
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DUCA Financial Services Credit Union is a financial, banking, and insurance service provider company.
eBSEG
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Global Premier Omnichannel Solutions Provider for Banking, Insurance, Wealth Management or any Financial Service Industry in America & EMEA.
RBC Direct Investing
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RBC Direct Investing is a banking institution that offers services in personal banking, wealth management and investment ideas.
Canadian Credit Union Association
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Canadian Credit Union Association is a national association for credit unions.
PearTree Securities
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PearTree Securities provides corporate finance and M&A solutions for Canadian mining and oil & gas companies.
NewPoint Capital Partners
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NewPoint Capital Partners is an independent, mid-market investment banking firm.
Canadian Bankers Association
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The CBA advocates for effective public policies that contribute to a sound banking system that benefits Canadians and our economy.
BCU Financial
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BCU Financial offers personal and business banking as well as financial planning services.
St Stanislaus-St Casimir’s Polish Parishes Credit Union Limited
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St Stanislaus-St Casimir’s Polish Parishes Credit Union Limited is a banking & financial services firm.
CareerJoy
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CareerJoy is a Professional Training company.
Canadian Securities Institute
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CSI provides credentials and compliance solutions for financial services industry.
Cameron Stephens
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Cameron Stephens is a real estate investment financial services company located in Toronto.
Jaguar Financial Corporation
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Jaguar Financial Corp (Jaguar) is a Canada-based merchant bank.
CCC Investment Banking
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CCC Investment Banking is one of Canada’s leading independent mid-market investment banks.
Blockgration
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Blockgration provides a one-stop multi-currency digital wallet platform and blockchain centric technology and payment solutions.
Equitable Bank
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Equitable Bank focused on building a better banking experience.
Safarifone
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SafariOne is a real-time modular platform that supports the entirety of your mobile financial service business needs
Oaken Financial
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Oaken Financial is a financial and banking services provider.
Romspen
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Romspen specializes in mortgage and financial services.
Friedberg Mercantile Group
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Friedberg Mercantile Group Ltd. is a broker dealer that provides a wide range of financial and investment services.
Quantum Capital
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Quantum Capital is a private equity firm specializing in acquisitions of divisions or assets from corporations.
Jacob Securities Inc.
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Jacob Securities Inc. is an independent full-service investment bank providing underwriting and financial advisory services to companies ,
Comtech Fire Credit Union
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Comtech Fire Credit Union is a financial institution that offers financial services with value-added benefits and a personalized touch.
Burns and Wilcox Canada
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Burns & Wilcox Canada is a leading independent wholesale insurance broker and underwriting manager.
Brookfield Financial
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BFIN is a leading global investment bank focused on real estate, infrastructure and renewable power.
Capital Canada
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Capital Canada Limited is an independent investment banking firm providing expert.
Richmond Club
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Richmond Club is a Finance fintech company located in Toronto.
Acasta Capital
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Acasta Capital is a private merchant banking firm.
Exchange Bank of Canada
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EBC is a domestic bank that specializes in foreign currency exchange and international payments for financial institutions and corporations.
Credence Credit
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Credence Credit is a financial institution that offers debt consolidation, debt reduction, debt settlement, and credit repair services.
HomEquity Bank
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HomEquity Bank offers you options so you can plan your retirement with confidence.
Piggy the Bank
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Goal oriented savings accounts that connects you with retailers for real-time offers.
Wells Fargo – Canadian Direct Equipment Finance
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Wells Fargo – Canadian Direct Equipment Finance provides loans and leases covering a full range of commercial equipment for businesses.
Benefits On Madison
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Benefits On Madison aim is simple to lead the payments and insurance market, on a global basis, do that by leveraging technology.
MFSYS
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MFSYS is specialized in advance microfinance and banking technology solutions.
Bpf Solutions Group
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Bpf Solutions Group is a consulting company located in Pointe-Claire.
Talent Matters
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Talent Matters delivers global recruitment & specialized talent solutions for all Digital Matters
RFA Bank of Canada
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RFA Mortgage Corporation is a Canadian privately-owned mortgage finance company dedicated to the mortgage brokerage market.
Scotiabank Global Banking and Markets
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Scotiabank Global Banking and Markets provides corporate, investment banking and capital markets services.
Alpha Group
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Alpha Group is a financial services company.
Maison Placements Canada
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Maison Placements Canada is a bank that offers financial services to its customers.