The fintech ecosystem continues to grow in Atlantic Canada. As market dynamics like open banking, embedded finance and further digitalization of the financial industry and financial processes continue to press forward, there are a growing number of companies in Atlantic Canada poised to have significant impact and opportunity.

Atlantic Canada is home to 140 fintech companies, as illustrated in the Atlantic Fintech Report released by Atlantic Fintech, in partnership with Fathom4sight, a leading Canadian provider of fintech industry knowledge and foresights. 

Atlantic Canada will be well represented at Money2020 in Las Vegas, one of the most significant conferences for the global fintech industry. Eight companies from across the region will attend the conference to meet potential partners, investors, and customers. The firms include Dunbridge Financial, Gray Wolf Analytics, OliverPOS, PayTic, SONA, SnapB2B, The Identity Score, and Troj.ai

As our economy is starting to shift from response to recovery mode post the pandemic, fintech innovators and companies have started leading the charge. Every company, even those that have nothing to do with financial services, now see tremendous potential in the digital economy. Fintech is no longer an industry by itself. It is evolving into the backbone of all other industries, like cybersecurity and cloud computing.