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Fintech

Innovating on the global financial stage
Waterloo is part of one of North America's leading financial hubs - the Toronto-Waterloo Corridor - with fintech startups, scale-ups and industry leaders collaborating on everything from Web3 infrastructure to next-generation insurance platforms. Our fintech ecosystem is anchored by some of Canada’s most storied financial leaders including Sunlife, Manulife and TD Bank.

Waterloo at a Glance

Tech Density

The third largest technology cluster in North America

From the finance capital of Canada in Toronto to the insurance capital of Canada in Waterloo, Waterloo’s strategic location means you can tap into the best talent and biggest markets in Canada. There's a reason Toronto-Waterloo is the #1 fintech ecosystem in Canada.

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Here’s what you’ll find in the Toronto-Waterloo Corridor:

  • 26,000+ tech companies
  • 5,200+ startups 
  • More than 373,o00 tech workers 
  • 16 universities and colleges
  • 9.45 million people speaking 190 languages
  • $476+ billion economy

Our Support Ecosystem

Surround your business with the best minds in fintech

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Centre for Accounting Research and Education

Located at the University of Waterloo, CARE contributes to the areas of fundamental and applied accounting research and education.

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Accelerator Centre

The Accelerator Centre is Canada’s #1 ranked private business accelerator that helps founders rapidly bring their innovation to life.

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Communitech

Built by founders for founders, Communitech is Canada’s leading innovation hub, supporting a community of more than 1,200 founders.

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They Choose Waterloo

From global leaders to the next big thing, these companies are building the future in Waterloo

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" ​If you are building complex, long-lived financial infrastructure, Waterloo is one of the best places to do that. The talent here is exceptionally strong in systems thinking, data modelling and building products that are both correct and scalable – exactly what fintech demands. "

Thomas Schmorleiz

Director of Engineering, Carta

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