While Canada may not be an internationally recognized Fintech leader, it has begun to emerge as a hub for innovation, seeing tremendous growth in recent years. This growth is putting pressure on Canada’s traditional financial institutions to innovate in their own right, either through partnerships with Fintech companies, or by setting up their own incubators and accelerators. The collaborative environment, high-level of incumbent investment and ready access to high-calibre talent makes Canada an attractive market for Fintech development.
More in this section:
- Regulatory framework
- Banks and other financial institutions
- Securities regulation and investor protection
- Consumer protection
- Anti-money laundering and anti-terrorist financing
- Privacy and data security