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. [Read more…] about Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
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How Financeit Is Filling the Gap in Home Upgrade Financing
When the federal Greener Homes Loan program abruptly ended this summer, it left thousands of Canadian homeowners — and the contractors serving them — in limbo. [Read more…] about How Financeit Is Filling the Gap in Home Upgrade Financing
Financeit Taps Goldman Sachs to Help Support Company’s ‘Rapidly Growing’ Loan Portfolio
Financeit announced this week that it has added Goldman Sachs to its Securitization Warehouse, increasing its capacity by $200 million to a total of $700 million. [Read more…] about Financeit Taps Goldman Sachs to Help Support Company’s ‘Rapidly Growing’ Loan Portfolio
Financeit Launches Direct-to-Consumer Loan Program for Home Improvement Projects
Canadian point-of-sale financing leader Financeit has launched its first direct-to-consumer personal loan program in the home improvement lending space. [Read more…] about Financeit Launches Direct-to-Consumer Loan Program for Home Improvement Projects
94% of Canadian Homeowners Plan to Stay Put Amid Rising Living Costs
A new report has revealed that the majority (94%) of Canadian homeowners plan to stay in their current house for the next year at least, with nearly a quarter (24%) of those same homeowners citing the rising cost of living as a core reason for doing so. [Read more…] about 94% of Canadian Homeowners Plan to Stay Put Amid Rising Living Costs
Financeit Bolsters Lending Platform for Contractors with Expanded Partnership
A Canadian provider of point-of-sale financing for home improvement and vehicles this month announced the expansion of a partnership with the Electric & Gas Industries Association. [Read more…] about Financeit Bolsters Lending Platform for Contractors with Expanded Partnership
Three Trends Impacting the Trajectory of Canadian Fintech in 2024
We started the year 2023 in something like a state of chaos: Tech was in the middle of layoffs, remote work was in a tug-of-war with a return to physical offices, and generative artificial intelligence was just beginning its all-permeating takeover of newspaper headlines and humanity’s imagination. [Read more…] about Three Trends Impacting the Trajectory of Canadian Fintech in 2024
Expanding Financeit to Shuffle Executive Team Following Acquisition
A Canadian point-of-sale lending platform this week unveiled a succession plan for its executive team going into 2024. [Read more…] about Expanding Financeit to Shuffle Executive Team Following Acquisition
Financeit Strengthens Market Position with Acquisition of Loan Business
A prominent provider of point-of-sale financing within the Canadian fintech industry has acquired consumer loan business of the Simply Group. [Read more…] about Financeit Strengthens Market Position with Acquisition of Loan Business
Q+A with Financeit’s Michael Garrity on the Future of Open Banking in Canada
Open banking is a financial services trend that enables third-party providers (TPPs) to access and use financial data from customers with their consent. This is achieved by utilizing application programming interfaces (APIs) that allow secure data exchange between financial institutions and TPPs. [Read more…] about Q+A with Financeit’s Michael Garrity on the Future of Open Banking in Canada