FINANCIAL SERVICES
Unlimited financial horizons
Calgary’s financial sector is growing quickly, from retail and corporate banking to fintech. In fact, 80% of Alberta’s fintech companies are right here, spanning paytech, blockchain, proptech, crypto, challenger banks, wealthtech, insurtech, regtech, crowdfunding and more.
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150 startups
Calgary is home to 150 fintech startups
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1st
Alberta established Canada’s initial regulatory sandbox
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Top 30
Calgary’s ranking among North America’s startup ecosystems
Global Fintech Index 2021
Limitless opportunities
Featured companies
Shareworks
Morgan Stanley acquired Calgary fintech company Shareworks (formerly Solium Capital) for more than $1 billion in 2019. The online platform helps companies manage employee stock plans and allows employees to access, exercise, and sell their equity.
ATB
ATB Financial isn’t your average bank. It’s the largest financial institution headquartered in western Canada, but its mission has always been to help create positive growth for their clients and communities. Through a combination of applied labs and research and development, ATB is always innovating to find new financial solutions and products.
Benevity
Benevity, another Calgary success story, changed the corporate-giving game when it launched in 2008. The company hit unicorn status when U.K.-based investment company Hg Capital acquired a majority stake for $1.1 billion USD.
Calgary’s fintech sector
More than 150 fintech startups, 28 co-working spaces, and 45 incubators and accelerators are fueling Calgary’s growth. We’ve led the way with several major firsts.
- First in Canada to deploy biometric banking
- First to send a real-time international blockchain payment
- First in Canada to integrate a robot into financial services customer support
- First in the world to process oil and gas royalty transactions via blockchain on the Energy Block Exchange
- First Canadian city to launch its own digital currency
Incubators and accelerators
Fintech Cadence
This non-profit organization helps early-stage startups develop products and navigate the fintech ecosystem.
Platform Calgary
Get connected to Calgary’s tech community and find key resources at Platform Calgary.
Fintech Sandbox
This Alberta Government initiative supports financial innovation and attracts new investment in fintech.
Wave Tech Centre
The City of Calgary’s tech centre drives digital transformation and uses innovative technology to enhance the lives of Calgarans.
Resources
Read the latest reports related to Calgary’s financial sector.
Reports
Financial Sector Profile
Find quick facts, local success stories and more in this industry profile.
Driving Digital Transformation (2021)
Digital transformation spending is set to grow by 13% on average across all industries in Alberta.
Why Calgary: Our Economy in Depth
Data about the city’s economy, labour market, demographics, businesses and industries.
The Economic Strategy for Calgary
This living document provides details about our economic strategy, values and priorities.
News
Team Calgary partners
We’re proud to work with these organizations to drive sustained economic growth in Calgary.