But innovations in financial technology â€“ or FinTech â€“ have the potential to break the cycle of poverty. Participants learned how new technologies at the forefront of the FinTech revolution, such as mobile banking, can unlock new opportunities for the worldâ€™s poor, by providing access to new markets and promoting financial inclusion.
Aga Khan Foundation Canada, Invest Ottawa, and MaRS brought together the FinTech and international development community in Canada like never before, in order to foster new collaborations, increase community engagement, and share knowledge.
The MaRS #FinTechCA series crossed three cities in three weeksâ€”Ottawa, Vancouver and Montrealâ€”for a national series of fireside chats and keynotes to address the latest technology trends, global opportunities, and regulatory changes rocking the financial world.
What was discussed?
â€˘ What does the future of FinTech look like from an innovation and regulatory perspective?
â€˘ The flow of venture capital into Canadian FinTech.
â€˘ What do VCs look for in FinTech companies?
â€˘ FinTech in the global context: what opportunities exist?
â€˘ Which Canadian cities are making an impact on the FinTech ecosystem?
â€˘ How FinTech can help alleviate poverty globally.
â€˘ How can we nurture more innovation and investment in FinTech?
â€˘ How is MaRS bringing together the major players in FinTech?
Glenn Campbell, Director, Financial Institutions Division, Financial Sector Policy, Finance Canada
Benoit Destouches, Finance Director, Aga Khan Agency for Microfinance
The MaRS FinTech cluster connects the financial services sector with startups developing next generation technology in emerging payments, financial services, peer-to-peer transactions, alternative lending and crypto-currencies. MaRS offers high-growth fintech startups the most comprehensive set of resources in Canada. Through a strategic network of partners, the FinTech cluster supports entrepreneurs with rapid validation, access to investment, product feedback, sales opportunities and business advisory services.
In partnership with:
Undertaken with the financial support of: