Canada’s Innovative Banking Startups Flourishing in Sydney, Nova Scotia

January 5, 2024

Innovation in the Canadian startup scene has been fueled by the rapid growth and development of Financial Technology (FinTech) companies. These startup enterprises have taken advantage of the evolving economic scenario and digital transformation to launch creative business models. The landscape spans sectors including banking, blockchain, and more. In this article, we’re casting the spotlight on startups based in Sydney, that have reshaped the banking industry landscape since their inception in 2020.

These startups are harnessing the power of cutting-edge technologies such as AI, big data, and blockchain to offer smarter, faster, and more efficient banking solutions. From digital lenders to fintech solution providers, these startups are making waves in the finance sector with their innovative approaches. Let’s dive into the details of these promising startups.

Each startup featured in this article has achieved significant strides in a short span of time, demonstrating the potential to revolutionize the banking industry not just in Canada, but across the globe.


Founded by Walta Kazzi, Quest is a digital lender that leverages technology and data to create a seamless experience for small business owners seeking financial assistance. The company’s automated platform enables businesses to use their banking data to submit applications online, and get approval in under an hour. Find more about them on their LinkedIn page.


AIRSOLAR Capital is a technology startup founded by Geoffrey Brown, with a mission to accelerate the world’s transition to sustainable energy. They plan to offer concessional digital smart loans for utility-scale renewable energy projects globally. Check them out on their LinkedIn page and follow them on Twitter for more information.


Nudge, an App-based banking startup based in Sydney, is one of the new players in the fintech sector. They are focused on providing financial services that are user friendly and easy to comprehend. Explore more about them on their LinkedIn page.


Cape, founded by Edo O. and Ryan Edwards-Pritchard, is working on building a finance automation platform. The startup aims to provide businesses with free access to expense management tools, cloud accounting integrations, and corporate cards. Follow them on their Facebook page and their LinkedIn page.


Skript, founded by Eric Tsang, Mark Wallis, and Sarah Wallis, is another groundbreaking fintech startup rooted in Sydney. The company works to streamline payment and banking services. You can learn more about them on their LinkedIn page.

Ambr Savings

Ambr Savings is an App-Based Banking startup that aims to redefine the way individuals save and manage their finances. It provides an easy-to-use platform that helps users make the best of their savings. Stay updated by following them on Twitter, Facebook, and LinkedIn.


Zibra is a Sydney-based startup that offers simplified payment solutions. Their application aims to facilitate easy, quick and secure financial transactions. Find out more about them on their LinkedIn page.

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