Fintech Cadence announces 2-year partnership with TD Ready Commitment
This collaboration will allow Fintech Cadence to expand its latest flagship program – the Fintech Hub – across Canada.
MONTREAL, 28 September 2022 /CNW/ – Non-profit fintech development organization Fintech Cadence have received one $200,000 grant for the next two years from TD Bank Group to expand the Fintech Hub crosswise Canada, one of their latest flagship initiatives. From bold ideas to thriving startups, Fintech Hub provides a centralized base for ambitious Canadian fintech leaders to build, grow and scale their solutions through free access to the following services: coaching hours, peer-to-peer connections, discounted software and service providers , business workshops, content-related events and access to a wider fintech network of leaders.
Founded in 2017, Fintech Cadence aims to advance the financial system to serve all Canadians for the better. They promote innovation in the Canadian fintech sector through education, support early-stage founders and collaborate with financial institutions, businesses, regulators, universities and other key players to identify and help solve emerging industry challenges.
Fintech Hub, a completely virtual free equity-free program and a recently added flagship program to Fintech Cadence’s list of initiatives, is dedicated to founders in their early stages of validation, discovery and also welcomes startups up to pre-series A that use technology to build a more accessible, dynamic and diverse financial products and services landscape for Canadians. Founders are able to choose which opportunities suit their goals – be it validation, product market fit, compliance, raising funds and more – and have access to one-on-one support from the Hub Lead to help them tailor their engagement with growth. goal. It covers a wide range of topics and is open all year round. Applications for the rolling admissions program are open.
“We are proud to work with Fintech Cadence and support their latest initiative, Fintech Hub” said Uma Venkataramaiah, Senior Manager, Philanthropy – Canada at TD Bank Group. “We believe that entrepreneurship helps to play a role in preparing Canadians for the jobs of tomorrow, while creating a path towards achieving financial security. Through TD Ready Commitment, the bank’s corporate citizenship platform, our goal is to help create business – and networking opportunities and increase access to support for entrepreneurs.”
Through this collaboration, Fintech Cadence will be able to expand and continue to address the imbalance in support that Canadian fintech entrepreneurs have received, with the goal of strengthening an accessible and inclusive program that can support more than 125 fintechs a year from coast to coast.
“We are delighted to partner and receive support through the TD Ready Commitment”, says Fintech Cadence CEO, Layial El-Hadi. “It’s an incredible milestone for our organization and further reinforces that together, through collaboration with industry, we can strengthen the fintech startup ecosystem across Canada. The Fintech Hub allows us to support talented and passionate founders on a rolling basis and help them reach their next growth milestones. This focus also aligns well with TD’s goals and role in the larger Canadian landscape. We look forward to seeing more ambitious entrepreneurs and supporting their fintech journeys to ultimately make the lives of Canadians and Canadian businesses easier.”
Along with support through the TD Ready Commitment, Fintech Hub is also proud to be supported by Canadian Economic Development for Quebec Regions (CED) both as founding partners, as well as Meridian and Autorité des marchés financiers as program partners, OslerHoskin & Harcourt LLP as legal service partner and Payments Canada as payment partner.
To learn more about Fintech Cadence, visit www.fintechcadence.com
SOURCE Fintech Cadence
For further information: Nina-Mae Proulx-Sylvain: Head of Partnerships, [email protected]
