The Fintech industry of Victoria, BC

December 26, 2021

The financial industry is starting to change, with the rise of new technologies and customers demanding more transparency. The finance industry has always been an innovation leader, so it's no surprise that some of the most innovative approaches are coming from this sector.

There are some major changes occurring in the finance world. Especially in the city of Victoria, BC.

Mobile banking apps have changed how customers interact with their banks. They are not just for getting payday loans in Victoria, BC. Algorithmic trading has taken over traditional trading desks. Plus digital assets are giving customers new ways to transfer money across borders. Let’s have a look at a few of these companies.

DivDot

Victoria DivDot is one of the few companies in British Columbia that specializes in digital invoices.

They have been in operation for almost a decade and have helped over 200,000 businesses with their online invoices.

Victoria DivDot is a company that provides digital invoices to businesses. These digital invoices are a cost-effective and eco-friendly way to send out your bills, contracts or statements.

Certainty Software

Certainty Software is a software company that specializes in enterprise-level data integration, master data management (MDM), and master data governance (MDG) solutions.

Certainty Software was founded in 2005 by three University of Victoria Computer Science graduates with the goal of becoming the leading provider of Master Data Management tools for small-to-medium enterprises. With the release of their MDM software suite in 2007, Certainty became one of the first providers to offer MDM as a service.

Their MDG offering was developed to help customers avoid common MDM pitfalls, such as duplicate records and unstructured metadata. Their latest release includes features that simplify access to all kinds of structured and unstructured information sources that can be leveraged for analytics purposes.

Tango Financial

Tango Financial is a company that offers financial services to customers who are interested in retirement planning. They have offices in Victoria, BC.

Since they are the only investment service provider in the area, Tango Financial has seen their business grow steadily over the years. Their team of financial experts is committed to delivering world-class customer service and quality advice on investments and retirement planning.

Their advisors work with customers to develop personalized plans that focus on their goals for themselves and their families.

They offer a range of products such as GICs, stocks, bonds and mutual funds among others to cater to different needs of their clients.

Tango Financial manages all aspects of financial life including taxation, investments and retirement planning for their clients who live in Victoria BC for an affordable fee

Company Capital

Company Capital is an award-winning commercial mortgage company that has been in the business for more than 20 years.

The company was founded by Raymond Li in 2016 and it has over $7 billion worth of assets on its balance sheet. It is headquartered in Victoria, British Columbia.

The Company's services include:

  • Commercial mortgage loans
  • Commercial mortgages
  • Industrial leasing
  • Commercial leaseholds

and more.

Another organization that seems to be putting Victoria on the map.

Realestock

Realestock is a company that offers an innovative way for real estate investors to diversify their portfolios. By investing in the company, they can invest in various properties such as residential and commercial buildings, hotels, and vacant lots.

The company is based in Victoria, BC where it was founded by two men who had enough capital to start the business. The founders are originally from China but have lived in Canada since they were children.

One of the founders of Realestock had experience working with entrepreneurs seeking growth capital before he started the company. His previous work helped him understand what would make a good investment opportunity for his future business.

Realestock provides two investment strategies for their clients: "Land Pooling" and "Securitization".

Future Looks Bright

So as you can see, Victoria definitely has some amazing talent in the Fintech space. It’s only a matter of time before Victoria, BC really blows up in the tech industry.

We all know how beautiful of a city it is, however, now Victoria has set it’s eyes on the digital world. Let’s see what happens.

 

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