Xero joins Fintechs Canada

Fintechs Canada, the unified voice for Canadian fintech, is pleased to announce that Xero has joined the association as a new member. Xero is a prominent accounting software provider known for its commitment to empowering small business owners.

“We’re excited to have Xero on board,” said Alex Vronces, executive director of Fintechs Canada. “With their expertise in and commitment to helping small businesses thrive, we believe Xero is an excellent fit for Fintechs Canada’s mission of improving the economic well-being of Canadians.”

Fintechs Canada is a public policy advocacy organization whose focus is making Canada’s financial sector more competitive and innovative, as well as more stable and secure. The association has become a go-to source for industry perspectives on the modernization of financial sector policy.

We’ve been working with the government to implement a retail payments oversight framework, put Canadians in control of their financial data with “open banking,” build Canada’s new real-time payment system, expand access to payment systems, reduce transaction fees for merchants, reform competition laws, and review the financial sector legislative framework to manage the risks posed by crypto and stablecoins.

“Xero is thrilled to join Fintechs Canada as its mission of enabling greater choice for Canadians through a thriving fintech sector resonates with our mission to help small business owners thrive,” said Faye Pang, Xero Canada Country Manager. “We look forward to working together to support the Canadian small business economy.”

Fintechs Canada looks forward to working with Xero and other members to drive positive change in Canada’s financial sector.

About Xero

Xero helps small businesses thrive worldwide. Xero’s online accounting software connects small business owners with their numbers, their bank, and advisors anytime. Founded in 2006, Xero now has 3.5 million subscribers and is a leader in cloud accounting across New Zealand, Australia and the United Kingdom.

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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