The Canadian fintech space has never been more exciting. From mobile wallets and online banking, to robo-advisors and peer-to-peer lending; startup after startup, we're finally catching up to what has been business as usual in the States, and while it's taken a little longer to catch on here in Canada, there's little doubt fintech is already having a huge impact on Canadian banking.
Although many young people are great savers -- they aggressively pay off their debts and try hard to contribute to their savings -- they are underinvesting, which if not resolved will leave many unprepared for eventual retirement.
Small and medium-sized businesses employment has increased over the years largely due to the rise of the fintech space creating more room to grow in the market. A fresh wave of technological innovation is changing the game, creating new competitors and partnerships that are providing consumers with more opportunities to fund their businesses.
As a technology vendor, my success is tied to the success of my clients and business partners. With this in mind, I've gathered some key insights to help business leaders make better technology decisions for your company.