TSX Hosts Inaugural #TSXFintechDay
Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) last week hosted its first Fintech Investor Day to a standing-room only crowd of more than 140 attendees including institutional investors, entrepreneurs, innovators and capital markets professionals. Sponsored by EY Canada, Goodmans LLP and NATIONAL Equicom, the event showcased private and public companies active in financial technology, or "fintech", an industry making waves in Canada and globally as startups and legacy businesses pursue new ways to channel technological innovation in financial markets.
The event kicked off with presentations from emerging companies in the fintech space, which all aim to digitize some aspect of the financial services industry in Canada and penetrate sectors such as consumer lending, investment management, retail payments and market analytics, to name a few.
Below is a list of presenting companies and their representatives:
Company | Representative |
---|---|
GoldMoney Inc. (TSX: XAU) | Darrell MacMullin, Chief Executive Officer |
Wealthsimple Financial Inc. | Michael Katchen, Founder and Chief Executive Officer |
Borrowell | Norm Cappell, Head of Capital Markets |
RentMoola | Patrick Postrehovsky, Co-Founder and Chief Executive Officer |
Analytixinsight Inc. (TSXV: ALY) | Prakash Hariharan, Chief Executive Officer |
Touchbistro | Alex Barrotti, Chief Executive Officer and Founder |
FundThrough | Steven Uster, Co-Founder and Chief Executive Officer |
Thinking Capital | Jeff Mitelman, Chief Executive Officer, Co-Founder |
IOU Financial Inc. (TSXV: IOU) | Phil Marleau, Chief Executive Officer |
The company showcases were followed by a panel featuring chief executives of five private fintech companies. Panel members discussed their businesses, the factors contributing to the recent growth in the fintech industry in Canada, as well as the challenges they face and their outlook for the longer term future of this of this burgeoning sector.
Company | Representative |
---|---|
Lendified.com | Troy Wright, Chief Executive Officer and Founder |
Okanii Inc. | Grant Colhoun, Founder and Chief Executive Officer |
SmoothPay Inc. | Brian Dec, Co-Founder and Chief |
WealthBar Financial Services Inc. | Tea Nicola, Chief Executive Officer and Founder |
At the heart of Canada's capital markets ecosystem, TSX and TSXV are keenly focused on powering the development of an innovation economy in our country. The Exchanges will continue to play a central role in helping emerging companies and entrepreneurs scale up, grow and commercialize their technological advancements.