4PAY joins Fintechs Canada

Fintechs Canada is pleased to welcome 4PAY to the association.

“With so much going on right now in financial sector policy, the time is now for fintechs to make their voices heard,” said Alex Vronces, Executive Director of Fintechs Canada. “As more and more companies look to launch financial products and services, we’re happy to have innovators like 4PAY making it easier for them.”

Fintechs Canada works with the federal government to define and deliver the “fintech” policy agenda, which includes platform commitments on payments modernization, open banking, and the digitalization of money.

“Fintechs Canada aligns with our vision to open markets and allow 4PAY and other financial technology companies to deliver a more inclusive financial services experience here in Canada and around the world,” said Neil Appalsamy, CEO and Co-Founder of 4PAY.

About 4PAY

4PAY is a Canadian Fintech Technology corporation based in Toronto Canada and privately held since 2012. 4PAY has operations globally supporting Enterprise, Telecom and SMB Financial Services industries: Canada, United States, Caribbean, Africa.

4PAY’s PAIY® Tech is an AI-based Fintech as a Service with mobile-first services to enable open-banking, disbursements, mobile money, and ecommerce marketplace communities. Out of the box, PAIY® can be fully operational within weeks – in some cases within days. Our Artificial Intelligence Engine helps Financial Institutions and other prospective industries adjudicate user persona in seconds to safely deliver financial services to unbanked, underserved, and even existing banked user communities.

Financial literacy affects 3.5 billion people. Everyday banking is not a reality for 33% of Global population. We believe that low-cost Fintech Services that are rapidly deployable and easy-to-use and understand benefits everyone. The need is real and through partnership and collaboration we can make a difference.

About Fintechs Canada

Established in May 2019 as a not-for-profit member association and recently renamed to Fintechs Canada, the association serves as the collective voice for fintechs in Canada. Our membership includes market-leading Canadian fintechs, fintech-friendly financial institutions, the technology companies powering Canada’s credit union sector, and global fintech companies, among others.

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