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Plooto joins Fintechs Canada

Fintechs Canada is excited to welcome Plooto to the association.

“In an economic environment where every dollar counts, small and medium size businesses are looking for innovative solutions from their financial service providers – and fintechs are delivering,” said Alex Vronces, Executive Director of Fintechs Canada. “With a track record of innovating to solve problems for their 8000+ customers and a recent round of fundraising complete, we’re excited to see what they come up with next.”

Fintechs Canada continues to grow on its mission to promote responsible innovation to improve financial services for Canadians. Considering that small and medium businesses account for ~40% of Canada’s GDP,  it’s important for the association to have members like Plooto contributing their expertise to our advocacy efforts.

“The Canadian fintech community has seen tremendous growth over the past few years, but the governing policies have not kept up with the same speed. We are now presented with a once-in-a-generation opportunity to shape policies that will directly influence the rate of innovation in our industry,” said Plooto Co-founder and CEO Hamed Abbasi. “We recognize the significance of this moment in time and intend to work alongside our fellow fintech leaders and Fintechs Canada, to turn our country into the undisputed fintech innovation hub of the world.”

About Plooto

At Plooto we’ve experienced first-hand the frustrations of cash management for a growing business. Plooto was founded on the concept of developing financial tools for small to medium-sized businesses to provide greater control, convenience, and freedom over your financial practices.

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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