Ten finalists will compete in the Start-up Pitch Contest for $230,000 in prizes
MONTRÉAL, Oct. 9, 2018 /CNW Telbec/ - The Canada FinTech Forum, the most important event of its kind in the country, will take place from October 29 to 31 at the Palais des congrès de Montréal. More than 70 speakers will be there to discuss this year's theme, "Open Innovation in Financial Services". A conference featuring Janet Yellen, who served as Chairman of the Board of Governors of the Federal Reserve System, will kick off the event on the evening of October 29.
Honorary president of the 2018 Canada FinTech Forum, Paul Desmarais III, Senior Vice-President of Power Corporation of Canada, will also be speaking during the event. "The Canada FinTech Forum is an essential event in the financial technology sector. In addition to its conferences and activities, it provides the ideal setting for start-ups and investors to network and do business. As Executive Chairman of Portag3 and Senior Vice-President of Power Financial, I am delighted to play a role in this year's Forum."
The FinTech Start-up Pitch Contest will give ten finalists the opportunity to present their innovative solutions to the financial services community, as well as to investors with close to a total of $1 billion in assets under management. The contest winners will share $ 230,000 in prizes, including a $15,000 public's choice prize offered by Mackenzie Investments, a $15,000 in-kind communication services prize offered by Edelman Montreal, two Jury prizes of $25,000 each offered by Finance Montréal, as well as a $150,000 financing offer from Luge Capital.
This year, the contest selection committee received nearly 120 applications from all over the world, up 300% compared with last year. The following ten start-ups are the finalists: Cinchy, CreditScript, Fligoo, Goose Insurance, Lendified Technologies, Nesto, OWL.CO, QuantCube Technology, Senso.ai and Symend.
Of course, technology will be front and center at the Forum, in the Deloitte Techno Zone, a one-of-a-kind immersive exhibition space where visitors can discover and interact with the most recent financial innovations.
For the first time this year, Finance Montréal, in collaboration with the Centre for Finance, Technology and Entrepreneurship, is giving participants the opportunity to sign up for a unique masterclass on AI in financial services combining online training with a physical seminar during the FinTech Forum.
"The Canada FinTech Forum's rapid expansion reflects the general public's and industry professionals' growing interest in financial technology. It's a clear signal that technology's critical role in transforming financial services is being recognized," said Matthieu Cardinal, Finance Montréal's Vice President, FinTech Development and Corporate Affairs. "With its renowned speakers, varied content and technological innovations, the Canada FinTech Forum is making our ecosystem more dynamic, helping it connect with international markets and raising the profile of sector talent," added Louis Lévesque, CEO of Finance Montréal.
You can still purchase tickets to the Canada FinTech Forum. Click here to register.
Sponsors and partners
The Canada FinTech Forum has more than 40 sponsors. Click here for a list of the sponsors.
More than 30 exhibitors are on site during the event. Click here for a list of the exhibitors.
About Finance Montréal
Created in 2010, Finance Montréal, Quebec's financial cluster, has a mission to make Montréal a world-class financial hub and foster cooperation among its member institutions to accelerate the industry's growth. The organization engages in international business development activities to attract foreign financial companies to Montréal with the help of various tax incentives, including the IFC tax credit. In June 2018, Finance Montréal has launched its Montréal FinTech Station project, a development centre for businesses in the financial technology sector. To learn more about Finance Montréal, visit www.finance-montreal.com.
To learn more about the contest finalists:
Cinchy : https://www.cinchy.co/
CreditScript : https://www.creditscript.com/
Fligoo : http://fligoo.com/
Goose Insurance : https://www.gooseinsurance.com/
Lendified Technologies : https://www.lendified.com/about-us/
Nesto : https://www.nesto.ca/
OWL.CO : https://owl.co/
QuantCube Technology : http://www.q3-technology.com/company/our_story.html
Senso.ai : https://senso.ai/
Symend : https://symend.com/
SOURCE Finance Montréal
Julie Perrone, Director, Communications, Marketing and Events, 438 320-6211, [email protected]
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