Vancouver FinTech Ecosystem is One of the Leading Ones in North America

As we have been actively providing an overview of global FinTech hubs with their flourishing ecosystems, it would be almost a crime not to look at Vancouver as one of them. In addition to London, New York, Silicon Valley, Singapore, Hong Kong, Australia and other global FinTech centers, Vancouver has a very powerful and active FinTech ecosystem that can easily compete with recognized destinations.

Some of the most successful and fast growing FinTech startups are based in Vancouver, a region that has continued to attract VCs attention across several borders. For example, Trulioo, the leading provider of global identity verification for the online payments industry, in December 2015 raised $15 million in an equity financing, an investment participated by American Express Ventures and existing investors BDC Capital, Blumberg Capital and Tenfore Holdings.

In November, Koho, a Vancouver-based FinTech company, has announced three major agreements with Visa, Peoples Trust Company, and Galileo Processing to deliver modern, no-fee mobile banking service to millennials. Koho will offer Koho-branded Visa prepaid cards issued by Peoples Trust Company with Galileo providing transaction p ...

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