The year featured several sizeable Fintech startup funding rounds, including $61 million for Propel Holdings; $64 million for Neo Financial; $44 million for Properly; $72 million for Bench; and nearly $300 million for Fraction Technologies in Vancouver.
However, not every company is in the same situation. Many are doing just fine.
Indeed, we already took a look at some actively hiring tech fintech companies in Canada recently. Inspired by the response, we decided to find even more. So dust off that résumé!
Founded in 2003, Toronto-based accounting software pioneer FreshBooks announced earlier this month that it secured a USD$100 million syndicated debt facility. It arrives “at an important period of momentum for FreshBooks,” stated Don Epperson, CEO of FreshBooks.
This debt facility will enable FreshBooks to “continue rapid global expansion plans,” according to a statement from the Toronto firm, including strategic acquisitions and investment into more regulated markets.
“FreshBooks’ mission-driven team continues to accomplish great things in service of the growing small business and self-employed market,” stated Christopher Jackson, Director of Technology & Innovation Banking Group for BMO.
Calgary’s Helcim, a payments company that powers small business, closed its Series A funding round in March. The company will invest in growing its team across the organization, adding more than 150 staff members over the next two years, including developers, and salespeople.
“We built Helcim to provide the payment tools that allow small businesses to thrive by combining our payments-first approach, accessible and easy-to-use software, alongside our knowledgeable and helpful customer service,” said Nic Beique, CEO of Helcim.
The company slogan is: “We’re on a mission to build the most loved payments company.”
The Vancouver-based insur-tech firm runs policy purchases through its APOLLO Exchange, the company’s embedded proprietary platform.
“Our digital-forward approach eliminates traditional paper-based processes by leveraging extensive data and intelligent algorithms to quote, collect payment, and issue policies—all without human intervention,” explains Chloe Lyons, Director of Recruitment for APOLLO.
Lyons told Tech Talent Canada that this digital-forward approach is “fast, easy, and redefining insurance distribution.” It’s a transformation that is sweeping Canada’s entire financial technology sector.
The growing APOLLO is hiring for several positions, including software engineers and developers to help continue improving the technology behind the business. “We have several open roles,” confirms Lyons. “We are hoping to connect with top talent to join our team.”
London, Ontario’s Paystone earlier this year acquired Canadian Payment Services, the sixth addition to Paystone’s burgeoning portfolio of acquisitions—having acquired five other businesses in the past two years including Montreal’s DataCandy and Vancouver’s NiceJob.
“This is the largest acquisition we’ve made to date in relation to both new revenue and clients,” explains Tarique Al-Ansari, CEO at Paystone. “Additionally, we’re also excited to provide additional value to CPS merchants through Paystone’s proprietary product and service offerings.”
As Paystone continues to aggressively grow in service, offering, and revenue, the business is looking to add over 100 new employees by the end of 2022.
Toronto-based cryptocurrency lending platform Ledn operates a multinational digital asset savings and Bitcoin-backed loan platform to clients looking to manage their digital assets.
Last year the company raised USD$30 million in Series A financing with hedge-fund billionaire Alan Howard joining the ranks of participating investors. The funding was further supported by returning investors including White Star Capital’s Digital Asset Fund, Coinbase Ventures, Global Founders Capital and CMT Digital.
The company is hiring for a range of roles including senior engineers.
Canada’s technology sector is large and robust. Use resources like Tech Talent Canada’s free Job Board to access more opportunities. Seasonal job fairs open avenues of even richer engagement with potential employers, who these days love offering all sorts of perks around remote-working and employee well-being.