FCP FinTech Map - Sept 2018

A map of FinTech startups serving Canadians based on consumer traction - Sept 2018 Pre-launch

Early-stage

Expansion

Maturity

16% of FinTechs

59% of FinTechs

24% of FinTechs

1% of FinTechs

Blockfeeds

Cryptocurrency & Blockchain

Citizen Hex

Emerentius

Cryptiv

Nebula Al

Vanbex

Corporate Finance

Capital Markets

Finatechal

H

Liquidity Market Place

Compliance

Number of B2C vs. B2B Startups by Vertical 66

64

B2C

B2B

Both

7 11

54 46

8 28

3

37

28

37 5

23

30

1

30

29

4

4

27

7 37

31

31

19

19

20

9

27

25 20

16

1

18

18 9

6

   i  n  g    d   n    L  e

  c   y   i  n   n     e  e   r  r  r   a   c  u  c   k  c   h   o    t   o    y  p    B   l   r   C   &

Key Takeaways

  s   n   t   e    y  m    P  a

  s   e   e   n   t   c  e   e   t   e   r   i  s   n  s   n  c   n    k   a   a     p  p   r   m   r    F   i  n    F   i  n    t  e   l  u   t   i  o   g   e    M  a    l   a   n    l   e   a   e   s  o   a   a  n   a   t   r  a   o  n   p   i   t    M     s  s   o   e  &   i  n  g    e   r   a     p  p   r    h   C    P  e   o  r   a   l   t   c   t  u   b  a  n   k   C   e     u  u    t  r    W   a  s   r  r  a    f    I  n

  c  e    r a  n   a   u    I  n  s

The two most crowded verticals: Lending and Cryptocurrency & Blockchain , have almost as many B2C companies as they do B2B companies.

Personal Finance and Wealth Management two of the verticals with the least amount of companies in the expansion stage, are also the two verticals with the highest percentage of B2C startups (83% and 61t%, respectively).

  c  e   n   a   p   l   i   m   C  o

1

   i  n  g    d   u  n    f  u   d   o  w   o   C  r

Alternatively, verticals that mainly focus on B2B , including Corporat e Finance, Compliance and Infrastructure & Enterprise Banking Solutions, include a relatively high percentage of companies in the expansion

Number of B2C vs. B2B Startups by Operating Stage

B2C

B2B

252 33

123

104 9

68

4

5 30

1 96

3 0

33

  c   h   n    l  a  u    r e    e    P

76

19

  e   a  g     t   -   S    y    l   r    E  a

   i  o  n   s   a  n   p    E  x

   y   r   i   t   u    t    M  a

Key Takeaways 34% of all FinTechs focus exclusively on B2C ; however, whe n considering  just the 104 FinTechs in the expansion stage, only 18% of these companies focus on B2C.

B2B tells a much different story: While 54%  of all FinTechs focus exclusively on B2B , 73% of those in the expansion stage focus on B2B , clearly suggesting a higher success rate among B2B FinTechs in Canada.

That said, we still have an even amount of B2B and B2C startups coming through in the pre-launch stage.

Both