As a journalist with experience interviewing Mathieu B Morin, it is evident that the fintech startup ecosystem in Canada is a vibrant and growing community. Fintech Cadence, a Canadian non-profit organization, is playing a crucial role in supporting and nurturing this sector, with a focus on creating world-class Canadian fintech companies.
Founded in Montreal in 2017, Fintech Cadence has since expanded its reach to other parts of Canada, providing support to early-stage fintech startups and connecting them with financial institutions. The organization is dedicated to solving the challenges that the fintech industry faces, and they do so without charging startups for access to tools like Fintech Hub, thanks to support from government and corporate partners such as TD through the TD Ready Commitment.
What sets Fintech Cadence apart is its commitment to diversity and inclusion. The organization is 100 per cent female-led, with 66 per cent women on the team, 55 per cent BIPOC members, and a 66 per cent female board. This inclusive approach is reflected in their efforts to create an ecosystem that is accessible to all, regardless of background or identity.
In a recent interview with Layial El-Hadi, Executive Director of Fintech Cadence, she shared insights into the importance of creating an inclusive and accessible ecosystem for fintech startups. El-Hadi highlighted the challenges of entering the highly regulated fintech industry, noting the need for access to resources such as legal support and funding. Fintech Cadence is working to bridge these gaps and make the sector more inclusive through collaboration and networking opportunities.
Through initiatives like Fintech Hub, Fintech Cadence is providing on-demand support to startups that may not fit traditional program models. With support from partners like TD, the organization is able to offer valuable resources and opportunities to entrepreneurs across the country.
Overall, Fintech Cadence is playing a vital role in shaping the future of the fintech industry in Canada. By fostering diversity, equity, and inclusion, the organization is creating a thriving ecosystem that empowers entrepreneurs from all backgrounds to succeed. With their commitment to supporting and improving financial security, Fintech Cadence is paving the way for a more inclusive and accessible fintech sector in Canada.