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Neo Financial Leads Deloitte’s Technology Fast 50, Fintechs Dominate List

November 6, 2024 by Robert Lewis Leave a Comment

Deloitte Canada has announced this year’s winners of the Technology Fast 50. 

Now in its 27th year, the Technology Fast 50 program recognizes the world-class achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, and rapid revenue growth between 2020 and 2023.

This year, the average three-year growth of the Technology Fast 50 winners is 3,559 per cent.

At the top of this year’s Technology Fast 50 list, with a three-year growth of 154,022 per cent, is Neo Financial, leaping from the number one spot in the Companies-to-Watch category last year.

Headquartered in Calgary, the company is building a smarter financial experience for all Canadians using the latest technology. Specializing in savings and credit products, Neo Financial is on a journey to reshape the financial future for millions of people in Canada.

In addition to Neo Financial, ten other fintechs were recognized on this year’s Technology Fast 50 list:

  • #5 – Relay, Toronto – 9,578%
  • #8 – Aquanow, Vancouver – 3,022%
  • #10 – Nesto, Montreal – 2,360%
  • #14 – ZayZoon, Calgary – 1,451%
  • #25 – KOHO, Vancouver – 880%
  • #27 – Conquest Planning, Winnipeg – 858%
  • #32 – Irwin, Toronto – 671%
  • #35 – Zensurance, Toronto – 595%
  • #39 – Plooto, Toronto – 516%
  • #41 – Trolley, Montreal – 484%

Filed Under: News Tagged With: Aquanow, Conquest Planning, Irwin, Koho, Neo Financial, Nesto, Plooto, Relay, Trolley, ZayZoon, Zensurance

Nesto Acquisition Makes Them the Largest Technology-Enabled Lender in Canada

June 21, 2024 by Fintech Newsdesk Leave a Comment

Leading digital mortgage lender nesto is acquiring Canada’s third-largest mortgage finance company in hopes of creating Canada’s Mortgage Ecosystem of the Future. [Read more…] about Nesto Acquisition Makes Them the Largest Technology-Enabled Lender in Canada

Filed Under: News Tagged With: Nesto

12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50

November 8, 2023 by Robert Lewis Leave a Comment

Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada. [Read more…] about 12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50

Filed Under: News Tagged With: Brim Financial, d1g1t, Irwin, Koho, Lightspeed, Neo Financial, Nesto, Trolley, Trulioo, VirgoCX, ZayZoon, Zensurance

Fintechs Lead the Pack in LinkedIn’s Top Canadian Startups

September 28, 2023 by Robert Lewis Leave a Comment

LinkedIn has published its 6th annual Top Startups list and it is a testament to the spirit of innovation, featuring 15 young Canadian companies that are growing fast and gaining attention. [Read more…] about Fintechs Lead the Pack in LinkedIn’s Top Canadian Startups

Filed Under: News Tagged With: Conquest Planning, Float, Neo Financial, Nesto

Nesto Celebrates Five Years Reshaping Property Financing Topography in Canada

May 26, 2023 by Knowlton Thomas Leave a Comment

Nesto, a Canadian digital mortgage lender, reflected this week on a transformative journey that has reshaped the country’s property financing topography. [Read more…] about Nesto Celebrates Five Years Reshaping Property Financing Topography in Canada

Filed Under: News Tagged With: Nesto

IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto

December 13, 2022 by Robert Lewis Leave a Comment

Canadian online mortgage lender Nesto has raised a $80 million Series C financing round led by IGM Financial, a unit of Power Corp.

The oversubscribed round included existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as Michael Rowell and Michael Paulus. [Read more…] about IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto

Filed Under: News Tagged With: Nesto

Montreal’s Wiseday Promises ‘Truly Instant’ Online Mortgages in Canada

November 24, 2022 by Knowlton Thomas Leave a Comment

A Canadian property technology startup known as Wiseday Financial is aiming to upend Canada’s mortgage landscape by delivering the country’s first truly instant mortgage pre-approval process. [Read more…] about Montreal’s Wiseday Promises ‘Truly Instant’ Online Mortgages in Canada

Filed Under: News Tagged With: Havery Capital, Nesto, Properly, Wiseday

Windsor Upstart Edison Financial to Rebrand as Rocket Mortgage in Canada

July 27, 2022 by Knowlton Thomas Leave a Comment

A US-based mortgage Goliath is entering the Canadian market via an Ontario upstart.

Rocket Mortgage subsidiary Edison Financial, based in Windsor, will rebrand as Rocket Mortgage in Canada. [Read more…] about Windsor Upstart Edison Financial to Rebrand as Rocket Mortgage in Canada

Filed Under: News Tagged With: Edison Financial, Nesto, Perch, Pine, Rocket Mortgage

Five Canadian Fintech Firms Still Hiring in Rough Seas

July 12, 2022 by Knowlton Thomas Leave a Comment

The past several years have been good to the global startup economy.

Following the last major recession in North America, venture capital ramped up through the 2010s. While the pandemic caused an abrupt halt, the momentum was not dispersed; it lingered at the door until the floodgates opened once again, and as a result 2021 set many records for startup financing in Canada. [Read more…] about Five Canadian Fintech Firms Still Hiring in Rough Seas

Filed Under: News Tagged With: APOLLO, Flexiti, Helcim, Nesto, RBC

The 10 Best-Funded PropTech Startups in Canada

June 30, 2022 by Knowlton Thomas 1 Comment

Proptech Collective is a volunteer-run collective of real estate professionals, city builders, and entrepreneurs that believes “technological innovation can change the built world for the better.” The organization has released its second annual report with a range of updates from the previous edition. [Read more…] about The 10 Best-Funded PropTech Startups in Canada

Filed Under: News Tagged With: Certn, dcbel, Falk, GoBolt, Jobber, Nesto, Nexii, Nobul, Properly, RenoRun

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