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Canadian FinTech Awards 2016 (CNW Group/Digital Finance Institute)

And the Financial Innovation FinTech Award Goes To…

Canadian FinTech Awards 2016 (CNW Group/Digital Finance Institute)

 

On Monday November 21, 2016, the Digital Finance Institute—the world’s first FinTech institute—brought together financial innovators to recognize the amazing work Canadians are doing in FinTech. This was the second year for the Canadian FinTech Awards and the awards recognized the many people who are involved in the development of this ever-growing field.

Startups were well represented, with Wealthsimple receiving the FinTech of the Year – Startup Award, Ferst Capital Partners winning the Judge’s Choice Award, DMZ winning the Accelerator, Incubator or Entrepreneurial Network Award and Ryerson University being recognized for its Zone Startup. OMERS Ventures, which won for Investor of the Year, also has strong links to the startup community as it has funded many of the high-profile Canadian FinTech startups.

There was a strong link that tied the winners together: Investment. Whether they were investing in FinTech or using FinTech to help others invest, the companies showed the great financial opportunities that exist within the FinTech field.

The future is obviously very bright for these Canadian FinTech innovators and it is fantastic to see them get the recognition they deserve. As FinTech startups continue to revolutionize and improve the financial services industry, it will be very exciting to see how their innovations change the world.