{"id":4569,"date":"2022-03-01T19:00:23","date_gmt":"2022-03-01T19:00:23","guid":{"rendered":"https:\/\/www.forwardai.com\/knowledge-center\/?p=4569"},"modified":"2022-03-07T18:24:36","modified_gmt":"2022-03-07T18:24:36","slug":"why-is-canadian-fintech-sizzling","status":"publish","type":"post","link":"https:\/\/www.forwardai.com\/knowledge-center\/press\/why-is-canadian-fintech-sizzling\/","title":{"rendered":"Why is Canadian Fintech Sizzling?"},"content":{"rendered":"<p>In recent weeks, Canadian fintech companies have made major splashes in the world market. In the sphere of acquisitions, lending, funding, products and even digital assets, multiple Canadian cities and the companies that call them home have gained a reputation for being a focal point in fintech progression. Cities like Vancouver, Toronto, and Montreal have become start-up hotspots for companies looking to ride the wave of Canadian financial innovation.<\/p>\n<p>In the country\u2019s most internationally impacting financial move, Montreal-based payments company Mobeewave\u2019s acquisition by Apple is set to come to<span>\u00a0<\/span><strong><a href=\"https:\/\/www.apple.com\/newsroom\/2022\/02\/apple-unveils-contactless-payments-via-tap-to-pay-on-iphone\/\" target=\"_blank\" rel=\"noopener\">fruition<\/a><\/strong>, as the company is about to take their phone-to-POS mobile merchant terminal live around the world. Apple acquired Mobeewave last year for $100M and will use the company\u2019s technology to allow merchants and customers to conduct payment transactions by touching phones. <strong><a href=\"https:\/\/debanked.com\/2022\/03\/why-is-canadian-fintech-sizzling\/\" target=\"_blank\" rel=\"noopener\">Read more on deBanked<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent weeks, Canadian fintech companies have made major splashes in the world market. In the sphere of acquisitions, lending, funding, products and even digital assets, multiple Canadian cities and the companies that call them home have gained a reputation for being a focal point in fintech progression. Cities like [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4592,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-4569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why is Canadian Fintech Sizzling? - ForwardAI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.forwardai.com\/knowledge-center\/press\/why-is-canadian-fintech-sizzling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why is Canadian Fintech Sizzling? - ForwardAI\" \/>\n<meta property=\"og:description\" content=\"In recent weeks, Canadian fintech companies have made major splashes in the world market. 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