101 Top Payments Startups and Companies in Canada

August 7, 2021
by

This article showcases our top picks for the best Canada based Payments companies. These startups and companies are taking a variety of approaches to innovating the Payments 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

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Top Canada Payments Startups

Data sourced from Crunchbase and SemRush.

Paystone

Paystone

Crunchbase Website Twitter Facebook Linkedin

Paystone is a provider of customer engagement services and electronic payment processing solutions for businesses of all sizes.

Wave

Wave

Crunchbase Website Twitter Facebook Linkedin

Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.

Wave

FreshBooks

Crunchbase Website Twitter Facebook Linkedin

FreshBooks, cloud-based accounting software, allows owners to invoice clients, track time and run their small businesses in the cloud.

Wave

Financeit

Crunchbase Website Twitter Facebook Linkedin

Financeit simplifies complex sales transactions for businesses and their customers.

Wave

Nuvei

Crunchbase Website Twitter Facebook Linkedin

Nuvei is a financial service company that provides its clients with payment technology solutions.

Wave

KOHO Financial

Crunchbase Website Twitter Facebook Linkedin

KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone.

Wave

VersaPay

Crunchbase Website Twitter Facebook Linkedin

VersaPay is an Fintech company offering an Accounts Receivable Software as a Service solution and Payment acquiring services.

Wave

Relay

Crunchbase Website Twitter Facebook Linkedin

Relay is a digital bank designed for growing businesses.

Wave

ChargeLab

Crunchbase Website Twitter Facebook Linkedin

ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.

Wave

Beanworks

Crunchbase Website Twitter Facebook Linkedin

Beanworks is an accounts payable automation solution that helps companies eliminate paperwork and reduce invoice processing costs.

Wave

Plooto

Crunchbase Website Twitter Facebook Linkedin

Plooto is a payment management platform for small and medium-sized businesses that helps to automate and streamlines their payments.

Wave

Buckzy Payments

Crunchbase Website Twitter Facebook Linkedin

Buckzy Payments Inc. is a Toronto, CA-based fintech company enabling cross-border real-time payments.

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Joist

Crunchbase Website Twitter Facebook Linkedin

Contractor Estimating and Invoicing Tool

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BlocPal International Inc.

Crunchbase Website Twitter Facebook Linkedin

BlocPal is a digital transaction solutions provider delivering a suite of integrated financial services and applications to our partners.

Wave

nanopay

Crunchbase Website Twitter Facebook Linkedin

nanopay empowers businesses and banks to scale with innovative payment and liquidity management products.

Wave

Fusebill

Crunchbase Website Twitter Facebook Linkedin

Fusebill is a company that provides automated invoicing, billing and collections for subscription-based companies.

Wave

Shakepay

Crunchbase Website Twitter Facebook Linkedin

Shakepay is a technology company that provides financial applications for building wealth.

Wave

CAARY Capital

Crunchbase Website Twitter Facebook Linkedin

CAARY is a digital credit, lending and payments platform, offering a corporate credit card and payments solution.

Wave

RentMoola

Crunchbase Website Twitter Facebook Linkedin

Pay rent with credit card, debit card & more. Get access to exclusive MoolaPerks!

Wave

Lexop

Crunchbase Website Twitter Facebook Linkedin

Removing friction from collections by offering the most customer-centric software-as-a-service to world-class companies.

Wave

Dream Payments

Crunchbase Website Twitter Facebook Linkedin

Dream Payments is a fintech platform that enables merchants to sell everywhere using mobile devices.

Wave

Nuvei (formerly SafeCharge)

Crunchbase Website Twitter Facebook Linkedin

SafeCharge is now Nuvei the payment technology partner of thriving brands.

Wave

Aya

Crunchbase Website Twitter Facebook Linkedin

Aya is a healthcare startup that builds payment tools and programs for employee benefits packages.

Wave

Agreement Express

Crunchbase Website Twitter Facebook Linkedin

SaaS platform that automates the client onboarding process for financial services firms.

Wave

Payment Rails

Crunchbase Website Twitter Facebook Linkedin

Payment Rails is an API first payouts platform for businesses and platforms to pay on-demand workers globally.

Wave

MazumaGo

Crunchbase Website Twitter Facebook Linkedin

Make business payments move.

Wave

Payfirma

Crunchbase Website Twitter Facebook Linkedin

Payfirma offers businesses a multi-channel payment platform for mobile, ecommerce and in-store payments.

Wave

Carta Worldwide

Crunchbase Website Twitter Facebook Linkedin

Carta Worldwide is an international leader in digital transaction technology, specializing in mobile & emerging payments.

Wave

Merrco Payments

Crunchbase Website Twitter Facebook Linkedin

Merrco is helps businesses thrive by bringing seamless, secure payment solutions company.

Wave

IOT Pay

Crunchbase Website Twitter Facebook Linkedin

IOT Pay is a Canadian payment solution leader, enabling merchants to accept Omnichannel payment in-store and online on a global scale.

Wave

vogogo

Crunchbase Website Twitter Facebook Linkedin

Vogogo is a web application that provides paperless invoicing with online payment services.

Wave

Gaze

Crunchbase Website Twitter Facebook Linkedin

Passwordless 1-click authentication

Wave

Vouchr

Crunchbase Website Twitter Facebook Linkedin

Vouchr has created an engagement platform focused on the consumer payment experience and digital transactions.

Wave

Livelii

Crunchbase Website Twitter Facebook Linkedin

Livelii is a Techstars company, bringing a first of its kind group health and dental benefits to the independent and freelance workforce.

Wave

Netlift

Crunchbase Website Twitter Facebook Linkedin

Netlift is a real-time, intermodal carpooling platform that helps daily commuters travel easier.

Wave

Ario Platform

Crunchbase Website Twitter Facebook Linkedin

Ario Platform is a modern digital banking platform built for enterprises.

Wave

Smooth Commerce

Crunchbase Website Twitter Facebook Linkedin

The Smooth Commerce technology first launched in 2014 under the SmoothPay brand.

Wave

Xumi

Crunchbase Website Twitter Facebook Linkedin

Break-though digital technologies to make payment, simpler, safer and more affordable.

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Spoonity

Crunchbase Website Twitter Facebook Linkedin

Spoonity is a loyalty platform that allows restaurants to implement and manage a customer rewards and payment system.

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Groundhog

Crunchbase Website Twitter Facebook Linkedin

The suite of tools to power the crypto subscription economy.

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Netcents Systems

Crunchbase Website Twitter Facebook Linkedin

NetCents Systems Ltd. (NetCents) is an operational enhanced electronic Payment Service Provider (or “PSP”).

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Invoice Simple

Crunchbase Website Twitter Facebook Linkedin

Simple invoicing for contractors, freelancers and other owner operators

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Permission Click

Crunchbase Website Twitter Facebook Linkedin

Digital Permission Slips and Payment Collection for K-12 Schools.

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Leav

Crunchbase Website Twitter Facebook Linkedin

Leav is a Montreal-based PayTech company offering cloud-based checkout automation solutions for small and medium retailers.

Wave

PayVida Solutions

Crunchbase Website Twitter Facebook Linkedin

PayVida Solutions, an emerging payment processing company.

Wave

Mobi724 Global Solutions

Crunchbase Website Twitter Facebook Linkedin

MOBI724 Global Solutions is a fintech leader in digital incentives and payment solutions.

Wave

GroupPay Inc.

Crunchbase Website Twitter Facebook Linkedin

GroupPay mobile payment aggregator.

Wave

Fostrum

Crunchbase Website Twitter Facebook Linkedin

All in one money management for creators, inluencers & solopreneurs | A Techstars Backed Company

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Triangle

Crunchbase Website Twitter Facebook Linkedin

Triangle is a lightweight API that enables interaction with contactless payment cards such as Visa PayWave, MasterCard PayPass, American Ex

Wave

Storspay

Crunchbase Website Twitter Facebook Linkedin

Receive and Send In-Store Payments in Crypto or Fiat

Wave

Knit People

Crunchbase Website Twitter Facebook Linkedin

Cloud payroll & payments, HR, and benefit service for small businesses. Proudly Canadian.

Wave

Fiska

Crunchbase Website Twitter Facebook Linkedin

Integrated commerce platform for payment providers

Wave

Avanti Commerce

Crunchbase Website Twitter Facebook Linkedin

Avanti is a global distribution system for both digital marketing channels and restaurant operators in the food & beverage industry.

Wave

Coinkite

Crunchbase Website Twitter Facebook Linkedin

BITCOIN SECURITY HARDWARE – DON’T TRUST. VERIFY.

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Payfare

Crunchbase Website Twitter Facebook Linkedin

Providing instant payout and digital banking solutions for today’s workforce.

Wave

biquiti

Crunchbase Website Twitter Facebook Linkedin

Financial Services, Payment, Cryptocurrency

Wave

GreenGreen

Crunchbase Website Twitter Facebook Linkedin

Payment and credit all in one app. Stop relying on VISA/MC to let your customers pay in-store and online. Merchant accounts available.

Wave

Digital Retail Apps

Crunchbase Website Twitter Facebook Linkedin

Digital Retail Apps is a mobile application that enables users to scan, view, and purchase items through their smartphones.

Wave

Fintech Select

Crunchbase Website Twitter Facebook Linkedin

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies.

Wave

SmartPay Me

Crunchbase Website Twitter Facebook Linkedin

White-Label Mobile Instant Checkout (EMV/SCA/PSD2/PISP/TISP) solution with Biometry for banks & retailers, disrupting payments cards rails

Wave

AcceptLocal

Crunchbase Website Twitter Facebook Linkedin

A powerful turnkey platform providing customer management, fraud prevention and real-time end-to-end funds transferring solutions.

Wave

Moneris

Crunchbase Website Twitter Facebook Linkedin

Moneris is Canada’s largest financial technology company that specializes in payment processing.

Wave

Eve Tab

Crunchbase Website Twitter Facebook Linkedin

Eve empowers you with an on-demand VIP bar service experience at the hottest nightclubs.

Wave

Helcim Inc.

Crunchbase Website Twitter Facebook Linkedin

Helcim makes it easier for businesses to accept debit and credit cards.

Wave

STACK

Crunchbase Website Twitter Facebook Linkedin

STACK delivers a smarter way to spend, save and share your money, straight from your mobile and fee-free, like it should be.

Wave

Lean Payments

Crunchbase Website Twitter Facebook Linkedin

Lean Payments empowers Canadian SMEs to succeed in the global economy by simplifying International cash flow management

Wave

CubbySpot Inc.

Crunchbase Website Twitter Facebook Linkedin

Toronto-based startup developing CubbySpot, a mobile app that helps parents find the best daycare for their child.

Wave

Gift Jeenie

Crunchbase Website Twitter Facebook Linkedin

Shopping marketplace & cash-back loyalty platform, powered by Blockchain.

Wave

VoPay

Crunchbase Website Twitter Facebook Linkedin

VoPay is a leader in payment innovation, digitizing online bank account payments with speed and transparency.

Wave

PayPhoneAPP

Crunchbase Website Twitter Facebook Linkedin

PayPhoneAPP brings the power & efficiency of online marketing to offline retail by replacing the Hardware Payment Terminal with the

Wave

Decentral

Crunchbase Website Twitter Facebook Linkedin

Decentral is an innovation hub for disruptive and decentralized technologies.

Wave

ATB Financial

Crunchbase Website Twitter Facebook Linkedin

ATB Financial is Alberta’s largest and most innovative financial institution ($48.5B in assets).

Wave

PayFacto

Crunchbase Website Twitter Facebook Linkedin

PayFacto is providing industry payment processing technologies and flexible solutionsto help merchants.

Wave

Paytm Labs

Crunchbase Website Twitter Facebook Linkedin

We are an internationally recognized payments and financial services company based in Toronto that launched in 2014

Wave

Remitbee Inc

Crunchbase Website Twitter Facebook Linkedin

Remitbee is a worldwide money transfer and mobile money company specialized in online Money transfer.

Wave

D+H

Crunchbase Website Twitter Facebook Linkedin

D+H is committed to being the technology partner that financial services organizations trust and rely on to build deeper and more

Wave

PayPro Global

Crunchbase Website Twitter Facebook Linkedin

PayPro Global is an e-commerce solutions provider for any business selling digital products.

Wave

Pinch VR

Crunchbase Website Twitter Facebook Linkedin

Pinch VR is a Smartphone case that transforms your mobile into a virtual reality experience.

Wave

AvidRetail

Crunchbase Website Twitter Facebook Linkedin

AvidRetail is a Canadian mobile retail and payment technology company.

Wave

Berkeley Payment Solutions

Crunchbase Website Twitter Facebook Linkedin

Berkeley Payment Solutions delivers mastercard and visa prepaid card programs for corporations, governments, and financial institutions.

Wave

DCR Strategies Inc.

Crunchbase Website Twitter Facebook Linkedin

DCR Strategies Inc. aspires to be the largest and most awarded provider of Mastercard and Visa prepaid programs around the world.

Wave

ChangeJar

Crunchbase Website Twitter Facebook Linkedin

ChangeJar mobile cash is improving the economics of 100+ billion annual small retail transactions

Wave

Perk Labs Inc.

Crunchbase Website Twitter Facebook Linkedin

Perk Labs is the owner of Perk Hero, a fast, frictionless mobile ordering, contact-free payments and loyalty platform.

Wave

Coins-e.com

Crunchbase Website Twitter Facebook Linkedin

Coins-e.com is a digital currency exchange platform that allows its users to exchange a variety of cryptocurrencies with one another.

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HealthBank

Crunchbase Website Twitter Facebook Linkedin

The leading consumer & enterprise healthcare payments infrastructure for patients, providers, pharmacies, insurance carriers, benefits & HR.

Wave

PayWith

Crunchbase Website Twitter Facebook Linkedin

PayWith is a mobile application development firm that enables businesses to track data and run gifting, marketing, and loyalty campaigns.

Wave

Buyatab Online

Crunchbase Website Twitter Facebook Linkedin

Buyatab Online is an innovative provider of egift cards solutions for retail, restuarants, hotels and luxury brands.

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Paxum

Crunchbase Website Twitter Facebook Linkedin

Paxum Pay all your affiliates with a single click and help them withdraw their money using the many flexible Paxum withdrawal methods.

Wave

Hangry

Crunchbase Website Twitter Facebook Linkedin

Hangry is a mobile ordering & loyalty platform integrated with campus card systems.

Wave

Apaylo

Crunchbase Website Twitter Facebook Linkedin

E-Commerce, Finance, FinTech, Mobile Payments, Payments, SaaS, Transaction Processing

Wave

GreedyRates.ca

Crunchbase Website Twitter Facebook Linkedin

Canada’s Best Credit Card Offers

Wave

Ooploo

Crunchbase Website Twitter Facebook Linkedin

Ooploo is a European startup providing OEM- and POS-based hardware and software to facilitate micro payments.

Wave

Bidali

Crunchbase Website Twitter Facebook Linkedin

Bidali is a payment platform that helps small and large companies accept next generation payments and grow their business.

Wave

Tiptap

Crunchbase Website Twitter Facebook Linkedin

Tiptap is replacing cash and coin with the world’s simplest way to accept touchless payments and donations.

Wave

ZED Network Inc.

Crunchbase Website Twitter Facebook Linkedin

A payment orchestration platform in 200+ countries with one single API integration.

Wave

Mash

Crunchbase Website Twitter Facebook Linkedin

A radically better way to monetize your digital experiences and content

Wave

FundRazr

Crunchbase Website Twitter Facebook Linkedin

World’s leading enterprise-class crowdfunding platform

Wave

AscendantFX Capital

Crunchbase Website Twitter Facebook Linkedin

AscendantFX is a Payment Solution Provider.

Wave

iATS Payments

Crunchbase Website Twitter Facebook Linkedin

iATS Payments is an integrated payment processing partner, designed and built exclusively to meet the needs of nonprofits.

Wave

GoStop AI

Crunchbase Website Twitter Facebook Linkedin

GoStop AI is a Medical Wallet company. GoStop helps to create safe working environment with its medical passport.

Wave

GoInterpay

Crunchbase Website Twitter Facebook Linkedin

Global eCommerce, International Checkout

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