Global Trade Mission Opportunities
Fintech is transforming the way financial businesses operate, collaborate, and transact with customers, regulators, and others in the industry all over the world.
Export information for Canadian fintechs looking to launch and scale their business in the United States
The United States is the world’s largest fintech market by the numbers, accounting for 57% of the global fintech market and over 8,000 fintech companies. Total fintech investment across M&A, VC and PE in the US in 2019 set a new annual record of $59.8 billion, compromising 44% of total global fintech investments.
Digital payment is the leading market segment, but other trends like challenger banks, regtech and wealth management are also growing quickly. From a funding perspective, one of the more successful fintech segments has been insurtech, where many companies are moving straight to partnership mode.
Partnerships have also become increasingly prevalent in digital lenders and digital investment management. In these and other fintech segments, some startups are finding it more beneficial to license their innovative technology to deep-pocketed financial institutions.
Visit the Trade Commissioner Service's guide for Canadian businesses exporting to the United States
This country-specific Q&A provides an overview to fintech laws and regulations that may occur in United States
Visit the Trade Commissioner Service's sector reports for Information and Communications Technologies
Fintech is transforming the way financial businesses operate, collaborate, and transact with customers, regulators, and others in the industry all over the world.