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Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings

October 23, 2025 by Fintech Newsdesk Leave a Comment

Canadian fintech companies took centre stage in Deloitte Canada’s 2025 Technology Fast 50 program, which celebrates the country’s fastest-growing technology innovators. Now in its 28th year, the program recognizes entrepreneurial excellence and the resilience driving Canada’s innovation economy.

This year marks Deloitte’s most competitive program in more than two decades, with the average three-year revenue growth among winners reaching 2,623%. Selection is based solely on revenue growth, and participating companies must provide audited or reviewed financial statements to qualify.

Toronto-based CapIntel ranked second overall with an extraordinary 9,255% three-year revenue growth, underscoring the rapid rise of financial technology in Canada. Other fintechs featured in the Technology Fast 50 include Float (#9, 5,601%), Relay (#12, 4,257%), nesto (#13, 4,074%), ZayZoon (#22, 1,487%), Apaylo (#37, 648%), BOXX Insurance (#49, 512%), and Owl.co (#50, 499%).

In the Enterprise—Industry Leader category, Calgary’s Neo Financial earned first place with 1,279% revenue growth, achieving a rare milestone by topping all three Fast 50 program categories in consecutive years: Companies-to-Watch in 2023, Technology Fast 50 in 2024, and now Enterprise—Industry Leader in 2025. Neo’s platform is redefining personal finance for Canadians through innovative savings and credit products.

Other fintechs ranked in the Enterprise—Industry Leader category include KOHO (#2, 559%), Financeit (#4, 355%), Lightspeed (#6, 318%), and Propel Holdings (#10, 279%)

Together, these standout firms are fuelling Canada’s reputation as a global fintech powerhouse—demonstrating that innovation and growth in financial technology continue to accelerate across the country. Winners of Deloitte’s Fast 50 automatically qualify for the North American Technology Fast 500, with the complete list set to be released on November 19.

Filed Under: News Tagged With: Apaylo, BOXX Insurance, CapIntel, FinanceIt, Float, Koho, Lightspeed, Neo Financial, Nesto, Owl.co, Propel, Relay, ZayZoon

 
 

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