May 2026
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Largest FinTech Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
Constellation Software, Thomson Reuters, TMX Group, Bitfarms and Abaxx Technologies.
 | Constellation Software is an acquirer, manager, and developer of vertical market software, or VMS, businesses globally. VMS differentiates from horizontal software in that it provides mission critical solutions within a specific industry for customers in a particular market. Constellation operates through a decentralized model in which each business operates as its own independent entity. Managers of individual businesses are incentivized to optimize their business for returns on invested capital and revenue growth. Excess cash generated by the individual businesses is repatriated to portfolio managers who focus on allocating as much capital as possible on new acquisitions. As of 2025, Constellation consisted of over 1,000 individual businesses and 64,000 employees. | $1,976 | -46% | $42B | $44B | 3.8x | 13.6x | ||
| Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors. Headquartered in Toronto, Canada, the company combines deep domain knowledge with data and software solutions to help clients make informed decisions, manage complexity, and drive efficiency. Thomson Reuters serves legal and accounting/tax professionals, corporations, and governments worldwide, but around 75% of revenue is generated in the US. The company is known for flagship products such as Westlaw, UltraTax CS, and Reuters News. | $86 | -56% | $38B | $40B | 5.3x | 13.0x | ||
| TMX Group Ltd is a company that operates several markets to provide investment opportunities for its clients. The company has four operating segments: Global Solutions, Insights & Analytics, Capital Formation, Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The maximum of its revenue is from Global Solutions, Insights & Analytics, which deliver equities data, index data as well as integrated data sets to fuel high value proprietary and third party analytics, which help clients make trading and investment decisions. The company geographically operates in Canada, USA, UK, Germany, and Other Countries, with maximum revenue from Canada. | $39 | -4% | $11B | $12B | 9.5x | 7.8x | ||
| Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain. | $3 | +214% | $2B | $2B | — | — | ||
| Abaxx Technologies Inc is a financial technology company engaged in developing and deploying trust-enabling internet protocols. The company operates with two distinct lines of business: Abaxx Technologies and Abaxx Exchange. Abaxx Technologies develops software tools that enable commodity traders and finance professionals to communicate, trade, and transact faster and more securely. Abaxx is building Smarter Markets - markets empowered by financial technology and market infrastructure to address challenges, including the energy transition. | $40 | +375% | $1B | $1B | — | — | ||
| HIVE Digital Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda. | $4 | +129% | $1B | $1B | 8.9x | 15.0x | ||
| Propel Holdings Inc is a financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, online lending platform. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora Credit. | $15 | -35% | $598M | $931M | 1.6x | 7.2x | ||
| goeasy Ltd is a financial services company. The principal operating activities of the company include providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The company operates in two reportable segments: easyfinancial and easyhome. A majority of its revenue is generated from the easyfinancial segment, which lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. This segment offers unsecured and real estate secured installment loans and also specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. | $25 | -77% | $407M | $4B | 3.0x | 5.0x | ||
| DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and leading protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation. | $1 | -82% | $274M | $135M | 1.4x | 1.9x | ||
| WonderFi Technologies Inc is a technology company with the mission of creating digital access through its platforms. It operates in three segments: Trading, Payments, and Corporate. The Trading segment, comprising Bitbuy, Coinsquare, and CoinSmart crypto exchange platforms, generates the majority of the company’s revenue. | $0 | -2% | $162M | $144M | 4.3x | (5.8x) | ||
| Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada. | $10 | +24% | $133M | $116M | 0.8x | 3.7x | ||
| Sol Strategies Inc is engaged in investing in blockchain technologies and crypto currencies. Company executes its Investment Objective through three lines of effort: Treasury management: Maintaining a core portfolio of cryptocurrencies for long-term growth, enhanced with risk management strategies to minimize volatility, and generating yield through lending, staking, and liquidity provisioning; Private equity focused on early stage companies in the DeFi and blockchain sectors; and Active investments to generate yield through strategic activities, including Bitcoin mining and stalking and validating Solana. | $2 | -- | $57M | $88M | 8.4x | (3.9x) | ||
| Ameritrust Financial Technologies Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance, and lease new and used vehicles, which includes real-time appraisal services, market information, and financing solutions. | $0 | -34% | $44M | $30M | 24.8x | (4.5x) | ||
| Intellistake Technologies Corp is a technology company that is focused on decentralized artificial intelligence and engaging in operations across the blockchain ecosystem, including proof-of-stake mining, blockchain nodes, digital tokens and validators. | $0 | -- | $35M | $32M | — | (21.5x) | ||
| Mogo Inc. is a Canadian financial technology company founded in 2003 and headquartered in Vancouver, British Columbia, that operates as a digital wealth and payments platform serving consumers and ent | -- | -- | $27M | $62M | — | — | ||
| LQWD Technologies Corp is developing software, which enables the setup of nodes and payment channels on the Bitcoin Lightning Network. The Lightning Network is a layer two technology that dramatically improves Bitcoin's scalability, transaction fees, and settlement times. | $1 | -- | $25M | $23M | 5741.3x | (16.3x) | ||
| NamSys Inc offers software solutions for currency management and processing for the banking and merchant industries principally in North America. The company generates its revenue in the form of software license fees, maintenance, and professional services. The majority of the revenue is generated from the United States and the rest from Mexico, Puerto Rico, Dominican Republic, Canada and other regions. | $1 | -19% | $23M | $15M | 2.7x | 6.6x | ||
| Inverite Insights Inc provides AI-driven software focusing on real-time financial data, which empowers business lenders and financial institutions to transact effectively for data enrichment, identify-KYC, risk management, and compliance. The company operates a cloud-based transactional and Risk Model as a Service (RMaaS) platform; and offers open banking and consumer-directed finance solutions, including banking verification solutions to the financial services industry for income verification, credit decisioning, fraud reduction, and know-the-client/anti-money laundering purposes. | $0 | -- | $10M | $11M | 11.7x | (6.5x) | ||
| BitRush Corp is currently looking to adopt a new business plan or an acquisition. | $0 | -- | $6M | $6M | — | (64.2x) | ||
| Blockmate Ventures Inc is a Web3 incubator/venture creator focusing on clean energy and blockchain technology, and decentralization businesses to provide greater utility, accessibility, and sustainability around everyday services. | PE & VC+1 | $0 | -65% | $4M | $9M | — | (1.6x) | |
| Zoompass Holdings Inc is a Fintech company that develops and acquires software platforms and services. The firm offers Prepaid cards, Mobility solutions, cryptocurrency platform operations, research, development, strategical planning solutions and others. The business operating segment includes the rendering of professional services. Main Business assets consist of technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts. Substantial revenue accrues from time basis billing for IT professional services to customers. | -- | -- | $522K | $2M | — | — | ||
| Voxtur Analytics Corp is a real estate technology company. The company offers targeted and automated data analytics to simplify property valuation, default solutions, tax solutions, and title and settlement services for investors, lenders, government agencies, and mortgage servicers. The proprietary data hub and workflow platforms of the company more accurately and efficiently value assets, originate and service loans, securitize portfolios, and evaluate tax assessments. The firm serves the property lending and property tax sectors, both public and private, in the United States and Canada. | $0 | -100% | $23K | $40M | — | — | ||
| Median | $1 | -34% | $95M | $102M | 4.8x | 1.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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