Due to a concentration of capital-intensive companies, high-deal velocity, large deal size, foreign investments and individual wealth, Calgary is an attractive market for firms in the financial services sector. The strength of the sector has been a catalyst for the growth of fintech firms in the city with expertise in blockchain, cryptocurrency, insurtech, paytech, capital markets and investments, personal finance, and tech and software.
A centre of finance
Calgary is an attractive market for firms in the financial services sector. From retail and corporate banking, to investment banking and fintech, Calgary is home to companies across the spectrum.
Calgary’s $1B tech company
When a home-grown fintech firm is acquired by a global financial services giant for more than $1 billion, it speaks to the game-changing companies emerging in the financial service sector in Calgary.Read Full Story
Not Your Average Bank
Alberta-grown ATB Financial is on a mission to create positive change for Albertans. Through a combination of Applied Labs and Research & Development, they push the boundaries and bring research to production quickly for customers and team members.Learn More
Powering Purpose-Driven Business
Founded in 2008, Benevity has recently become one of the latest tech stories in Calgary to reach unicorn status. The company hit the esteemed milestone with an investment deal last December with U.K.-based investment company Hg for $1.1 billion USD.Learn More
Investing in digital transformation
With a growth projection of 11% year-over-year, Financial Services’ digital transformation (DX) spend is projected to be $1.5 billion in Alberta by 2024. See how financial services is leading digital transformation on our DX spend dashboard.Learn More
Calgary is an opportunity-rich city.
Our interactive investment map highlights the foreign direct investment (FDI) that has taken place in the Calgary area over the past 6 years.Explore Investment in Calgary
CALGARY’S FINTECH SECTOR
Fintech firms are disrupting our traditional industries such as energy, transportation and agribusiness, as well as the financial services sector. 40+ Fintech companies, 28 co-working spaces, and 12 incubators and accelerators are supporting the growth in Calgary. Scroll down to see what firsts Calgary has claimed in the fintech sector thanks to the disruptive and innovative nature of our city.
Calgary is the first in Canada to deploy biometric banking.
Calgary was the first to send a real-time payment internationally using blockchain.
Financial Services Robot
Calgary was the first in Canada to integrate a robot into customer service in financial services
ENERGY BLOCK EXCHANGE
Calgary is the first to globally to make oil and gas royalty blockchain transactions on Energy Block Exchange.
Calgary Digital Dollar
Calgary is the first city in Canada to create its own digital currency.
Team Calgary partners