Kate Hiscox, President of Venzee Technologies Inc. (TSX-V: VENZ) was chosen in BCBusiness as one of Vancouver’s most promising fintech stars, using technology in innovative ways. Grouped in with several multi hundred million plus dollar companies, this continues to demonstrate the innovative solution Venzee has brought to the e-commerce business.
Matrix: Vancouver’s Money Makeover
By Nathan Caddell and Scott Neufeld
Fintech players such as Victoria’s Beanstream Internet Commerce Inc., along with online investment broker Qtrade Financial Group and payments company Tio Networks Corp., both headquartered in Vancouver, launched in the early days of the Web. All three were later acquired: U.S. giant PayPal Holdings Inc. bought Tio for $304 million last year, Beanstream was sold to U.S.-based Digital River Inc. and then Sweden’s Bambora in 2015, and Quebec’s Desjardins Group picked up Qtrade in 2013.
Now a fresh crop of B.C. fintech outfits are scaling up to make banking easier—and maybe turn the established financial world upside down.