Shift Connect has confirmed the acquisition of Calgary-based Olympia Currency and Global Payments.
Shift, a provider of foreign exchange and global payment services, says the acquisition brings together two respected Alberta fintech firms, combining decades of experience, client relationships, and technology.
“We’re excited to welcome Olympia and its clients to Shift Connect,” commented David Kelcher, chief executive officer of the company.
Among the first Money Service Businesses to be recognized by the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act in late 2025, Calgary’s Shift Connect processes billions of dollars in transactions annually.
Olympia, founded in Calgary in 2005, offers international banking and cross-border currency solutions.
“There is strong alignment between our organizations in how we approach service, relationships, and results,” Kelcher believes.
For Olympia clients, the acquisition marks a “meaningful enhancement”: Clients will continue working with the same team, only now supported by Shift’s deeper global banking network and advanced technology infrastructure.
“By bringing our platforms and expertise together, we’re able to deliver a more powerful, seamless experience while preserving the high-touch service Olympia clients expect,” says Kelcher.
Neil McCullah, President of Olympia Global Payments, agrees, suggesting that “this is a natural evolution for our business and our clients.”
“Our clients will continue to receive the same level of personalized service they’ve come to rely on, now complemented by an expanded platform and global reach,” he stated.
Last year, Shift Connect unveiled an AP/AR Automation platform to streamline financial operations for businesses handling complex payment workflows and global transactions.
Developed in partnership with Toronto’s Cadency, the platform offers an all-in-one solution for managing accounts payable, accounts receivable, and treasury functions.