8 Canadian startups and their founders have graduated from the fourth cohort of the Innovate Financial Health Lab, marking the culmination of their 4 month journey through this flagship incubator by Canadian non-profit Fintech Cadence.
You have an opportunity to meet the founders of this year’s cohort in-person on November 30th at the annual Demo Day in downtown Toronto. Startups will showcase their companies in a 5 minute pitch followed by an opportunity to network with industry, investors, and leaders across the fintech and financial services space.
Launched in 2020, The IFH Lab was the first program in Canada to specifically focus on the intersection of fintech and financial health. As Canadians struggle with the rising cost of living and a housing crisis in major cities like Toronto, now more than ever consumers need fintech innovation that is bridging the gap between social impact and profit. And the success of past cohorts shows that investors and partners are on the same page.
Past cohorts have included startups like Calgary based ZayZoon, who recently raised a $35.5M series b, Toronto based PolicyMe who have been rapidly growing their team since their successful $18M series a in 2022, and Calgary based Woveo whose innovative use of rotating savings as a credit building tool earned them a win at the 2022 Calgary Fintech Awards.
This year’s cohort provides a snapshot of key trends in Canadian fintech, with companies tackling issues in the proptech space prominent amongst the cohort, and solutions tackling credit for new immigrants, diasporic communities, the future of work, and wealth management. This year’s IFH Lab Cohort:
- Approva – On a mission to change the mortgage process status-quo.
- InCharge – Automating the sales prospecting process for financial advisors from first touch point to conversion.
- LyfeFund – Helping the African diaspora invest in their children’s future through education savings and tailored investment.
- Padder – Using technology to make renting more equitable and rewarding for everyone involved.
- Paddio – Partnering with lenders to decarbonize their mortgage portfolios and support homeowners through green retrofits.
- Sai – Empowering artists and creatives to take control of their finances.
- Tenure – Tackling the problem of disengagement and turnover in the workplace through tailored employee rewards programs.
- Vambora – Building an alternative to credit assessment, utilizing open banking and digital identity verification.
Don’t miss this opportunity to meet the founders behind these exciting up-and-coming startups. Registration is open.