97 Top Payments Startups and Companies in Toronto (2021)

June 19, 2021

This article showcases our top picks for the best Toronto based Payments companies. These startups and companies are taking a variety of approaches to innovating the Payments industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top Toronto Payments Startups

Data sourced from Crunchbase and SemRush.

Wave

Wave

Crunchbase Website Twitter Facebook Linkedin

Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.

Financeit

Financeit

Crunchbase Website Twitter Facebook Linkedin

Financeit simplifies complex sales transactions for businesses and their customers.

Financeit

FreshBooks

Crunchbase Website Twitter Facebook Linkedin

FreshBooks, cloud-based accounting software, allows owners to invoice clients, track time and run their small businesses in the cloud.

Financeit

KOHO Financial

Crunchbase Website Twitter Facebook Linkedin

KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone.

Financeit

Relay

Crunchbase Website Twitter Facebook Linkedin

Relay is a digital bank designed for growing businesses.

Financeit

VersaPay

Crunchbase Website Twitter Facebook Linkedin

VersaPay is an Fintech company offering an Accounts Receivable Software as a Service solution and Payment acquiring services.

Financeit

Plooto

Crunchbase Website Twitter Facebook Linkedin

Plooto is a payment management platform for small and medium-sized businesses that helps to automate and streamlines their payments.

Financeit

ChargeLab

Crunchbase Website Twitter Facebook Linkedin

ChargeLab is the Android of EV charging. Our hardware-agnostic software runs on the world’s most popular EV chargers.

Financeit

Buckzy Payments

Crunchbase Website Twitter Facebook Linkedin

Buckzy Payments Inc. is a Toronto, CA-based fintech company enabling cross-border real-time payments.

Financeit

Joist

Crunchbase Website Twitter Facebook Linkedin

Contractor Estimating and Invoicing Tool

Financeit

Aya

Crunchbase Website Twitter Facebook Linkedin

Aya is a healthcare startup that builds payment tools and programs for employee benefits packages.

Financeit

nanopay

Crunchbase Website Twitter Facebook Linkedin

nanopay empowers businesses and banks to scale with innovative payment and liquidity management products.

Financeit

Payment Rails

Crunchbase Website Twitter Facebook Linkedin

Payment Rails is an API first payouts platform for businesses and platforms to pay on-demand workers globally.

Financeit

Dream Payments

Crunchbase Website Twitter Facebook Linkedin

Dream Payments is a fintech platform that enables merchants to sell everywhere using mobile devices.

Financeit

Merrco Payments

Crunchbase Website Twitter Facebook Linkedin

Merrco is helps businesses thrive by bringing seamless, secure payment solutions company.

Financeit

Vouchr

Crunchbase Website Twitter Facebook Linkedin

Vouchr has created an engagement platform focused on the consumer payment experience and digital transactions.

Financeit

Smooth Commerce

Crunchbase Website Twitter Facebook Linkedin

The Smooth Commerce technology first launched in 2014 under the SmoothPay brand.

Financeit

Livelii

Crunchbase Website Twitter Facebook Linkedin

Livelii is a Techstars company, bringing a first of its kind group health and dental benefits to the independent and freelance workforce.

Financeit

Knit People

Crunchbase Website Twitter Facebook Linkedin

Cloud payroll & payments, HR, and benefit service for small businesses. Proudly Canadian.

Financeit

Kili

Crunchbase Website Twitter Facebook Linkedin

Kili Technology is a fabless semiconductor company that markets Kili 3.x chipsets and related firmware to OEMs and component suppliers.

Financeit

DawaSwift

Crunchbase Website Twitter Facebook Linkedin

A healthcare technology provider that is revolutionizing how patients access medications & healthcare services from pharmacies & providers.

Financeit

Coinkite

Crunchbase Website Twitter Facebook Linkedin

BITCOIN SECURITY HARDWARE – DON’T TRUST. VERIFY.

Financeit

Payfare

Crunchbase Website Twitter Facebook Linkedin

Providing instant payout and digital banking solutions for today’s workforce.

Financeit

Digital Retail Apps

Crunchbase Website Twitter Facebook Linkedin

Digital Retail Apps is a mobile application that enables users to scan, view, and purchase items through their smartphones.

Financeit

GroupPay Inc.

Crunchbase Website Twitter Facebook Linkedin

GroupPay mobile payment aggregator.

Financeit

Fintech Select

Crunchbase Website Twitter Facebook Linkedin

Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies.

Financeit

biquiti

Crunchbase Website Twitter Facebook Linkedin

Financial Services, Payment, Cryptocurrency

Financeit

StorsApp Pay

Crunchbase Website Twitter Facebook Linkedin

Receive and Send payments in any fiat or crypto

Financeit

STACK

Crunchbase Website Twitter Facebook Linkedin

STACK delivers a smarter way to spend, save and share your money, straight from your mobile and fee-free, like it should be.

Financeit

Eve Tab

Crunchbase Website Twitter Facebook Linkedin

Eve empowers you with an on-demand VIP bar service experience at the hottest nightclubs.

Financeit

CubbySpot Inc.

Crunchbase Website Twitter Facebook Linkedin

Toronto-based startup developing CubbySpot, a mobile app that helps parents find the best daycare for their child.

Financeit

Paytm Labs

Crunchbase Website Twitter Facebook Linkedin

We are an internationally recognized payments and financial services company based in Toronto that launched in 2014

Financeit

Moneris

Crunchbase Website Twitter Facebook Linkedin

Moneris is Canada’s largest financial technology company that specializes in payment processing.

Financeit

Gift Jeenie

Crunchbase Website Twitter Facebook Linkedin

Shopping marketplace & cash-back loyalty platform, powered by Blockchain.

Financeit

Pinch VR

Crunchbase Website Twitter Facebook Linkedin

Pinch VR is a Smartphone case that transforms your mobile into a virtual reality experience.

Financeit

Hangry

Crunchbase Website Twitter Facebook Linkedin

Hangry is a mobile ordering & loyalty platform integrated with campus card systems.

Financeit

D+H

Crunchbase Website Twitter Facebook Linkedin

D+H is committed to being the technology partner that financial services organizations trust and rely on to build deeper and more

Financeit

PayPro Global

Crunchbase Website Twitter Facebook Linkedin

PayPro Global is an e-commerce solutions provider for any business selling digital products.

Financeit

AvidRetail

Crunchbase Website Twitter Facebook Linkedin

AvidRetail is a Canadian mobile retail and payment technology company.

Financeit

Decentral

Crunchbase Website Twitter Facebook Linkedin

Decentral is an innovation hub for disruptive and decentralized technologies.

Financeit

SmoothPay

Crunchbase Website Twitter Facebook Linkedin

SmoothPay is a mobile payment, loyalty and engagement company delivering valuable offers and rewards to consumers through the SmoothPay app

Financeit

HealthBank

Crunchbase Website Twitter Facebook Linkedin

The leading consumer & enterprise healthcare payments infrastructure for patients, providers, pharmacies, insurance carriers, benefits & HR.

Financeit

Satsriver

Crunchbase Website Twitter Facebook Linkedin

Remonetizing the internet by enabling new value for value business models for the open internet.

Financeit

ZED Network Inc.

Crunchbase Website Twitter Facebook Linkedin

A payment orchestration platform in 200+ countries with one single API integration.

Financeit

Berkeley Payment Solutions

Crunchbase Website Twitter Facebook Linkedin

Berkeley Payment Solutions delivers mastercard and visa prepaid card programs for corporations, governments, and financial institutions.

Financeit

Spend

Crunchbase Website Twitter Facebook Linkedin

Spend develops a universal bank account that merges cryptocurrency seamlessly to fiat.

Financeit

RIVVI

Crunchbase Website Twitter Facebook Linkedin

Rivvi enables businesses to save money by automating their payroll processes and paying their employees faster.

Financeit

AscendantFX Capital

Crunchbase Website Twitter Facebook Linkedin

AscendantFX is a Payment Solution Provider.

Financeit

MONEXgroup

Crunchbase Website Twitter Facebook Linkedin

MONEXgroup is a payment processing and merchant services provider.

Financeit

Phaze

Crunchbase Website Twitter Facebook Linkedin

Phaze is a powerful payment solution that enables enterprises to issue digital gift cards and prepaid mobile top-ups.

Financeit

TESS

Crunchbase Website Twitter Facebook Linkedin

TESS is a blockchain company developing a payments ecosystem for component and sub-component supply chain settlements.

Financeit

CertaPay

Crunchbase Website Twitter Facebook Linkedin

CertaPay develops real-time, globally interoperable, point-to-point payment solutions that leverage and integrate seamlessly.

Financeit

GoParkr

Crunchbase Website Twitter Facebook Linkedin

Full Stack Parking Management Solution – Let Asset Managers Optimize Parking Operations

Financeit

Ott Pay

Crunchbase Website Twitter Facebook Linkedin

Ott Pay is a mobile payments company located in Toronto.

Financeit

Pungle

Crunchbase Website Twitter Facebook Linkedin

Pungle provides digital payment solutions that enable businesses to reduce cost, delivery time, administration, and customer friction.

Financeit

SpendSafe

Crunchbase Website Twitter Facebook Linkedin

We help parents effortlessly track their children’s spending while teaching money management skills

Financeit

PsiGate

Crunchbase Website Twitter Facebook Linkedin

PSiGate is a full-service Canadian provider of electronic payment processing services.

Financeit

Lucova Inc.

Crunchbase Website Twitter Facebook Linkedin

To make commerce a more personal, seamless and connected experience by disrupting the point-of-sale with a Point-of-Experience (POE)

Financeit

Dwello

Crunchbase Website Twitter Facebook Linkedin

Dwello is a Canada-based company that helps its users process rental payments.

Financeit

InfoFlo Pay

Crunchbase Website Twitter Facebook Linkedin

InfoFlo Pay offers invoice management systems and software for efficient payment processing.

Financeit

Instadebit

Crunchbase Website Twitter Facebook Linkedin

Instadebit is a global leader in ecommerce and risk management with a consumer facing payment processing solution available in 32 countries.

Financeit

QuantumSense

Crunchbase Website Twitter Facebook Linkedin

QuantumSense is an artificial intelligence company that provides a top semantic search engine that works on the sentence level.

Financeit

EnStream

Crunchbase Website Twitter Facebook Linkedin

EnStream provides mobile payments and identity verification services.

Financeit

Nōwn

Crunchbase Website Twitter Facebook Linkedin

Nōwn is the complete POS that puts the focus on the person behind the purchase.

Financeit

Pllenty

Crunchbase Website Twitter Facebook Linkedin

Pllenty is a payment and communication platform to deliver customer engagement experience.

Financeit

Oasis Technology

Crunchbase Website Twitter Facebook Linkedin

Oasis Technology Ltd. is a Canadian software company that enables clients and partners in more than 70 countries.

Financeit

International Payment Solutions

Crunchbase Website Twitter Facebook Linkedin

International Payment Solutions is a North American Merchant processing and technology company.

Financeit

Renoshield

Crunchbase Website Twitter Facebook Linkedin

Renoshield offers secure mobile payments for the home renovation industry.

Financeit

Centigram

Crunchbase Website Twitter Facebook Linkedin

The Global Mobile eGifting Platform

Financeit

Aramor Payments

Crunchbase Website Twitter Facebook Linkedin

Aramor Payments provides bespoke payment solutions for medium to large merchants.

Financeit

QicSEND

Crunchbase Website Twitter Facebook Linkedin

Qicsend™ is an online international money transfer service that sends money to over 40 countries

Financeit

Bendix Foreign Exchange Corporation

Crunchbase Website Twitter Facebook Linkedin

Bendix Foreign Exchange Corporation is a financial services fintech company located in Toronto.

Financeit

Voltage Pay

Crunchbase Website Twitter Facebook Linkedin

Voltage Pay is act as consultants to their clients and individually tailor innovative financial services and technology.

Financeit

OnTab

Crunchbase Website Twitter Facebook Linkedin

OnTab is an online service that enables merchants to start accepting mobile payments.

Financeit

Jameson Bank

Crunchbase Website Twitter Facebook Linkedin

Jameson Bank is a leading provider of integrated foreign exchange and payment solutions.

Financeit

BlockEQ

Crunchbase Website Twitter Facebook Linkedin

Payments, Fintech, Crypto, Blockchain

Financeit

CollectivePOS

Crunchbase Website Twitter Facebook Linkedin

Collective Point of Sale Solutions is Canada’s Choice for Payment Processing.

Financeit

WristCoin

Crunchbase Website Twitter Facebook Linkedin

SaaS, Cashless Payments, Fintech, NFC, Contactless

Financeit

Exact Cash

Crunchbase Website Twitter Facebook Linkedin

Canada’s Leading ATM Operator.

Financeit

INKAS Payments

Crunchbase Website Twitter Facebook Linkedin

INKAS Payments is one of the top merchant services providers in Canada from basic payment processing to Smart Point of Sales systems.

Financeit

Certus Trading

Crunchbase Website Twitter Facebook Linkedin

Toronto-based trading education company.

Financeit

Blockgration

Crunchbase Website Twitter Facebook Linkedin

Blockgration provides a one-stop multi-currency digital wallet platform and blockchain centric technology and payment solutions.

Financeit

NorthStar Currency

Crunchbase Website Twitter Facebook Linkedin

NorthStar Currency is a payment platform for educational institutes, agents and international students.

Financeit

Tetha Crypto

Crunchbase Website Twitter Facebook Linkedin

Botique Crypto Investment Bank

Financeit

ECHOage

Crunchbase Website Twitter Facebook Linkedin

ECHOage is an online birthday party service that offers an invitation and payments system.

Financeit

Click Payments

Crunchbase Website Twitter Facebook Linkedin

Mobile Payments Application

Financeit

Cordon Media

Crunchbase Website Twitter Facebook Linkedin

Cordon Media is a digital agency that provides mobile app development, digital marketing, and mobile strategy.

Financeit

HeartPayroll

Crunchbase Website Twitter Facebook Linkedin

HeartPayroll has a simple philosophy, to provide peace of mind when it comes to payroll & taxes.

Financeit

Partrunnr

Crunchbase Website Twitter Facebook Linkedin

On-Demand Heavy Truck Services

Financeit

Nexu

Crunchbase Website Twitter Facebook Linkedin

Nexu is a Canadian technology company offering Bill Payments, Money Transfers & Remittances,Loyalty Programs and other services.

Financeit

Tab Payments Corp.

Crunchbase Website Twitter Facebook Linkedin

Prepaid Loyalty for Local Shops

Financeit

Guestlist

Crunchbase Website Twitter Facebook Linkedin

Guestlist is an online event registration service that helps users sell tickets.

Financeit

Talent Payment Services

Crunchbase Website Twitter Facebook Linkedin

TPS became the first independent talent payment company to service the Canadian advertising community.

Financeit

Grabb Mobile

Crunchbase Website Twitter Facebook Linkedin

Grabb Mobile is an E commerce agency.

Financeit

XRomb

Crunchbase Website Twitter Facebook Linkedin

XRomb is a mobile platform offering a development framework for deploying mobile applications.

Financeit

Virtual Next

Crunchbase Website Twitter Facebook Linkedin

Virtual Next is a developer of software that provides mobile payment and loyalty card services to businesses.

Financeit

Netco Services

Crunchbase Website Twitter Facebook Linkedin

Netco Services provides cash and payment processing systems.

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