Canada’s fintech sector is entering a phase of rapid growth, driven by rising demand for digital financial solutions and strong investor support.
In 2024, Canadian fintech startups secured significant funding and formed key partnerships, reflecting the industry’s potential for innovation and scalability.
In this article, we spotlight ten Canadian fintech startups poised to make major strides in 2025. From streamlining real estate lending to simplifying payroll and enhancing financial tools for newcomers, these companies are addressing critical market needs.
As digital transformation accelerates, fintech startups are reshaping how Canadians manage money, invest, and access credit. These companies are leading the way in revolutionizing finance, driving accessibility, and setting the stage for the future of Canada’s financial ecosystem.
Baseline
Baseline Financial, founded in Toronto by Shaye Wali, Jonathan Keebler, and Sergio Santinelli, offers a comprehensive loan management system tailored for the real estate private lending sector. Their platform integrates point-of-sale, loan origination, servicing, and investor management into a single solution, streamlining operations for private lenders.
In 2024, Baseline secured $2.2 million in funding led by N49P, with participation from Exit North Ventures and angel investors, positioning the company for accelerated growth in the private lending market. With its innovative approach to simplifying private lending processes, Baseline is poised to make significant strides in the fintech industry.
Beacon
Founded in 2023 by Stuart Szabo and Aditya Mhatre, Beacon is a Toronto-based fintech startup dedicated to simplifying financial transitions for immigrants to Canada. Their MyBeacon Super App offers tools like Beacon Money, a functional account pre-arrival so you can start setting up your life before you arrive, and Beacon Remit, facilitating seamless money transfers from India.
In 2024, Beacon raised $5.25 million in seed funding and partnered with organizations like Deloitte and BMO to enhance services for newcomers. With its innovative solutions, Beacon is poised to significantly impact immigrant financial integration in 2025.
Bloom
Bloom, founded in 2021 by Ben McCabe, offers reverse mortgages to Canadians aged 55 and older, helping retirees unlock home equity for financial flexibility. Initially serving Ontario, the fintech expanded to British Columbia and Alberta in 2023. That same year, Bloom raised $7 million in Series A funding led by SixThirty Ventures.
In 2024, the company launched the Bloom Home Equity Prepaid Mastercard, further addressing retirees’ financial needs. With user-friendly tools and accessible solutions, Bloom aims to empower Canadian homeowners and stands out in the growing market for innovative equity release products.
Blossom
Founded in 2021 by Maxwell Nicholson, Annika Ng, Kartik Bhutani, and YouTuber Brandon Beavis, Blossom is a Vancouver-based fintech startup that has become Canada’s largest social network for retail investors. With over 200,000 members and $1 billion in connected assets, Blossom enables users to share portfolios, trades, and investment ideas backed by real-time brokerage data.
Named an ‘Essential Finance App of 2024’ and one of Apple’s Top 25 Apps of 2025, Blossom earned $1.1M in 2024 revenue through partnerships with major financial institutions like BMO ETFs, Vanguard, and Global X. Having raised $4M from angels, VCs, and users, Blossom plans to double users and revenue in 2025 by expanding into the U.S. market and launching a web app to complement its mobile experience.
Leasey.AI
Leasey.AI, founded in 2021 by brothers Carlos and Juan Leal, is a Vancouver-based proptech startup that automates property management tasks for residential landlords and property managers. The platform streamlines leasing processes by automating lead responses, tenant pre-qualification, and scheduling, significantly reducing manual workloads.
In 2024, Leasey.AI secured a $100,000 investment from Toronto Metropolitan University’s DMZ Ventures, enhancing its credibility in the fintech sector. The company has also integrated with platforms like Zillow and Rental Beast to expand listing reach and partnered with screening specialists, Certn, SingleKey, and VeriFast to reduce fraud in real estate transactions.
Loop
Founded in 2015 by Cato Pastoll, Toronto-based Loop provides small and medium-sized enterprises (SMEs) with tools to manage cross-border payments, currency exchange, and treasury operations. In 2024 Loop launched the Loop Global Visa Card, Canada’s first corporate credit card designed specifically for SMEs to streamline cross-border purchasing.
Loop raised a $6.4 million funding round led by Luge Capital in 2024, building on an earlier raise of $4 million in 2022. By reducing banking fees and streamlining international finances, Loop is positioned as a key innovator for SMEs navigating global markets.
Nmbr
Founded in 2023 by Simon Bourgeois, Drew Millington, and Kevin Langlois, Nmbr is a Toronto-based fintech startup offering API-driven payroll solutions tailored for the Canadian market. In 2024 Nmbr secured $7.6 million in seed funding to enhance its platform, enabling businesses to integrate payroll services efficiently.
Nmbr’s precision tax engine ensures compliance across all Canadian jurisdictions, addressing the complexities of regional payroll regulations. With plans to power a significant portion of Canada’s payroll products by 2025, Nmbr is poised to transform payroll management nationwide.
Quickly
Quickly is a fintech startup specializing in Early Payment Platforms (EPP) for small and medium-sized businesses. Founded in Calgary in 2022 by Kyle Friedman and Ammar Memon, Quickly secured a $10 million seed round in 2023 led by Thin Air Labs, with participation from Plug and Play and ATB Financial, to support U.S. expansion and growth.
By 2024 Quickly enhanced its platform by integrating with Sage Intacct, streamlining financial operations for construction firms. With a 500% increase in customer adoption in 2023, Quickly is poised to significantly impact the fintech landscape in 2025.
Uplinq
Uplinq, founded in 2021 by Ron Benegbi and Patrick Reily, is a Toronto-based fintech startup offering AI-driven credit scoring and risk assessment for small business lenders. Its platform analyzes over 10,000 data sources and billions of data sets across 150+ countries, providing real-time insights that help lenders expand credit access to SMBs, especially underserved and minority segments.
In 2022, Uplinq raised $4.75 million in pre-seed funding from N49P, Surface Ventures, Cambrian Ventures, and ATX Venture Partners. In 2024, it won the ‘Lendtech of the Future, Credit Decisioning’ award at the Banking Tech Awards USA and was a Finovate Award finalist for Most Impactful AI-Based Solution. Committed to expanding fair credit access globally, Uplinq is poised for fintech growth in 2025.
Zown
Founded in 2022 by Rishard Rameez, Nabeel Rushdi, Mak Pashang, Jake Guenther, and Vinura Abeysundara, Zown streamlines Ontario’s home buying and selling process. The platform guides homeowners through every step—from pre-qualification to closing—with a mission to make homeownership more accessible and affordable. Zown has grown to include over 300 realtors and 15,000 clients across the province, closing more than 200 homes and surpassing $100 million in sales.
In the past year alone, Zown facilitated over $100 million in transactions and provided $3 million in down payment assistance, helping more than 200 Canadians become homeowners. By 2026, the company aims to help over 1,000 Canadians bridge the gap between savings and homeownership.
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