Events > Virtual Northern Powerhouse FinTech Mission Programme

Northern Powerhouse Virtual FinTech Mission Programme

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Northern Powerhouse Virtual FinTech Mission to Canada

The Department for International Trade (DIT) invites businesses from across the Northern Powerhouse (NPH) region to join a virtual mission to explore the opportunities for FinTechs in Canada.

The mission is ideal for businesses working in any area of the FinTech sector (including LegalTech and InsurTech). We also welcome companies from across the Financial and Professional Services sector who want to gain an understanding of the Canadian market.

Following on from our successful introductory event, we are continuing our programme of activity over the next three months offering insights into opportunities for Northern FinTechs, events to help you prepare to pitch your technology and one-to-one meetings.

We are delighted to be collaborating with FinTech North, DIT Canada, the Canada-UK Chamber of Commerce, the High Commission in Canada and the Ontario Trade and Investment Office to deliver this mission. 


Upcoming Events

An exciting programme of events will be added shortly, however you can still register for the wider mission actvity by clicking the button below.

Register Now



Past Events

The Technological Revolution in Financial Services: How banks, FinTechs, and customers win together

This event has passed

Canada-United Kingdom Chamber of Commerce invites businesses to join a FinTech-focused webinar with Richard Nesbitt, Chair of The Inclusion Initiative Advisory Board at the LSE, former CEO, Global Risk Institute, COO of CIBC and CEO of TSX, and alumni of Rotman School of Management as we discuss global transformations in financial services with Richard and a panel of experts from TMX Group and CIBC.

Businesses working with DIT from across the NPH region have the opportunity to attend free of charge. Please get in touch at yorkshireevents@mobile.trade.gov.uk for further details.


Pre-mission event: Understanding the Canadian Market

Click here to view the recording

This introductory webinar will provide an overview of the market and give you an understanding of the opportunities and challenges of doing business in Canada. The event includes:

  • Overview of the Canadian FinTech landscape
  • Opening remarks from Jennifer Young, Consul-General and Deputy HM Trade Commissioner
  • Up-to-date information on the Canadian regulatory environment
  • Specialist insight into the local start-up ecosystem
  • Expert in-market speakers
  • Q&A session 


  • Jennifer Reynolds, President and CEO, Toronto Finance International
  • Pat Forgione, Partner, McMillan
  • Petia Tchouk, Director, Health and Fintech Ecosystem Development, MaRS
  • Jennifer Young, Consul-General and Deputy HM Trade Commissioner


Why Canada?

The Canadian FinTech ecosystem is centred within Toronto and the Toronto-Kitchener-Waterloo Corridor, home to the second largest financial centre, second largest technology cluster and second fastest growing fintech hub in North America. The sector is also active in Montreal and Vancouver. As of 2019 there were 1,000 FinTech start-ups across the country, in segments including payments, AI and blockchain.

FinTech is a fast growing sector within Canada, with adoption rate among consumers rising from 8% to over 50% since 2015, putting Canada ahead of the US, France and Japan in consumer adoption. While still below the global average, this rapid increase indicates a growing opportunity for UK FinTechs to export to and invest in the Canadian market.

Canada’s largest banks, known as the “Big Five” (BMO, Scotiabank, RBC, CIBC, and TD), are supporting the growth of the ecosystem and increasingly finance and partner with FinTech companies, providing access to capital and an established client base to help scale operations. For example: 

  • BMO and TD extending data sharing agreements and partnerships with FinTechs in the area of consumer-directed finance, laying the groundwork for open banking related products and services.
  • Scotia Bank, TD and BMO announcing various partnerships and licensing agreements with FinTechs providing AI solutions. 
  • Acting as incubators and accelerators, partnering with FinTechs to help stimulate new ideas and help bring innovations to market more rapidly.  

Canada is home to 29 domestic banks in total, known as “Schedule I”, as well as 20+ foreign subsidiaries, or “Schedule II”, and over 200 credit unions.  These all represent various opportunities to partner with FinTech providers.