16 Toronto fintech investors actively funding startups in 2026

A list of 16 active Toronto fintech investors deploying capital in 2026. Covers dedicated fintech VCs, corporate venture arms, and growth equity funds - with recent deals, check sizes, sector focus, and LinkedIn profiles for each.

Toronto is the second-largest financial centre in North America. That's not a marketing claim - it's the structural reality that makes it one of the best cities in the world to raise a fintech round. You're surrounded by the actual buyers: six of the world's soundest banks, major insurers, asset managers, and payments networks all within a few kilometres of each other.

Canadian fintech VC stayed steady in 2025 at around US$1.2 billion across 82 deals, consistent with 2024 despite the drop in headline numbers. Wealthsimple raised CAD $750 million at a CAD $10 billion valuation in October 2025. That's the clearest signal of how deep the capital goes here.

The challenge isn't finding investors. Toronto has more fintech-focused VCs per capita than most North American cities. The challenge is finding the right one. Portage only does fintech. Information Venture Partners only does B2B SaaS for financial services. Intact Ventures only does insurtech and adjacent. Pitching the wrong fund is a waste of a referral you won't get twice.

Canada's open banking framework is expected to roll out in 2026. That's creating fresh deal flow in payments, data portability, and banking infrastructure. If your product is positioned around that shift, the timing is real - not manufactured urgency.

This list covers 16 investors who closed deals or raised new capital in the last 12 months. For each of them, having your startup data room ready before the first meeting is the minimum expectation.

Toronto fintech investors at a glance

What makes Toronto fintech unique

Toronto fintech is different from other Canadian cities because the buyers are right there. Banks, insurers, pension funds, and enterprise payments networks all operate at scale in the city. A fintech founder here can land a pilot with a Big Six bank without flying anywhere. That compression between builder and buyer creates a distinct dynamic.

The investor pool splits into three clear buckets. First, dedicated fintech funds like Portage, Luge, and Information Venture Partners who only back financial technology and bring a CVC-adjacent network of banks and insurers as commercial co-investors. Second, sector-agnostic Toronto funds like OMERS Ventures, Inovia, and Golden Ventures who have fintech as a consistent thesis. Third, corporate venture arms like Intact Ventures and BDC Capital who bring strategic value beyond money.

Stage sequencing matters more here than in most markets. Portage and Diagram write seed cheques. Framework and Information VP are Series A specialists. Georgian and OMERS write growth cheques. Mixing up which fund to approach at which stage is a waste of your best introductions. Read their last 5 deals on Crunchbase before reaching out - it takes 15 minutes and avoids embarrassing misalignments.

The what investors look for in a data room conversation comes up early in Toronto fintech raises. Investors here do rigorous diligence - they're used to evaluating companies against production standards set by their bank LPs. Have your materials organized before any partner asks.

How to find Toronto fintech investors

Check BetaKit's funding coverage and the CVCA member list before any outreach. Toronto's fintech investor pool is more concentrated than the city's general VC market - the same 20 investors appear across most fintech rounds. Knowing the active ones from the inactive ones takes a few hours of research and saves weeks of dead-end outreach.

The Canada FinTech Symposium, Toronto Tech Week, and Payments Canada Summit are where real introductions happen in 2026. These aren't networking events - they're where GPs actually evaluate founders in a low-pressure setting before deciding to take a meeting. Show up, find a connection to a specific portfolio company, and use that as your first sentence.

Search LinkedIn for portfolio company founders from Portage, Luge, and Framework. Message the ones at companies in your adjacent space. Ask about response times, follow-through on intros, and whether the GP was helpful during a down quarter. Most Toronto fintech founders will tell you honestly.

Upload your deck to Ellty and send each investor a unique trackable link. If a Toronto fintech GP spends time on your unit economics slide but skips your market size section, that's your follow-up signal. Don't send a generic check-in - reference the section they actually engaged with. Read how to share your data room without losing control to keep your materials protected during the process.

16 top Toronto fintech investors in 2026

1. Portage Ventures

Canada's largest dedicated fintech fund with $5.7B AUM - the natural first call for any Canadian fintech founder because they bring a commercial network of banks, insurers, and credit unions as direct co-investors.

• Recent deals: Closed a $280M continuation vehicle with Goldman Sachs Alternatives (Jan 2026) to manage Point72 Ventures' fintech portfolio. Led $26.9M Series A in ZILO with State Street (2025). Conquest Planning Series B co-investor (Jun 2025)
• LinkedIn: Portage Ventures
• Sector focus: Payments, insurtech, wealthtech, lending, fintech infrastructure
• Stage focus: Seed, Series A, Series B, Series C
• Location: Toronto, ON (also Montreal)
• Website: portageinvest.com

2. Framework Venture Partners

Toronto's specialist Series A fund for fintech and AI companies applying ML to proprietary financial datasets - backed by BDC and Deloitte Ventures as LPs, which signals real institutional endorsement.

• Recent deals: Led $12M Series A in Quandri with Intact Ventures (2025). 50 portfolio companies with 5 new investments in the last 12 months. Active deployment from their fintech and integrated AI fund
• LinkedIn: Framework Venture Partners
• Sector focus: Fintech, integrated AI, enterprise software with proprietary datasets
• Stage focus: Series A, Series B
• Location: Toronto, ON
• Website: framework.vc

3. Luge Capital

The only Canadian VC with offices in both Montreal and Toronto dedicated exclusively to early-stage fintech and AI applied to financial services - known for backing founders who challenge incumbent financial institutions.

• Recent deals: Active deployment across seed and Series A fintech rounds in Canada and the US through 2025-2026. Portfolio focus on payments, lending, and AI-driven financial infrastructure
• LinkedIn: Luge Capital
• Sector focus: Fintech, AI in finance, payments, lending, insurtech
• Stage focus: Seed, Series A
• Location: Toronto, ON (also Montreal)
• Website: luge.vc

4. Information Venture Partners

Founded by former RBC executives - the most domain-specific B2B fintech fund in Canada, which means their LP introductions to financial services buyers actually close pilots.

• Recent deals: Investment in DealMaker (2025). Portfolio includes Arteria AI ($30M Series B led by GGV Capital), Coconut Software, BigID, and Verafin. 34 portfolio companies across financial services SaaS
• LinkedIn: Information Venture Partners
• Sector focus: B2B SaaS for financial services, fintech infrastructure, cybersecurity
• Stage focus: Series A
• Location: Toronto, ON
• Website: informationvp.com

5. Intact Ventures

The venture arm of Intact Financial, Canada's largest P&C insurer - writes cheques that come with direct access to one of the country's largest insurance distribution networks as a potential pilot partner.

• Recent deals: Quandri Series A ($12M, co-led with Framework, Jul 2025). 42 portfolio companies, 9 exits. Active investment focus on AI-enabled distribution and insurtech platforms
• LinkedIn: Intact Ventures
• Sector focus: Insurtech, fintech, mobility, AI-driven distribution, property tech
• Stage focus: Seed, Series A, Series B
• Location: Toronto, ON
• Website: intactventures.com

6. OMERS Ventures

Backed by one of Canada's largest pension plans with $133B+ AUM - refocused on Canada in 2025 and writes $5M-$25M tickets from Fund IV, with deep patience for long-cycle fintech bets.

• Recent deals: OneVest follow-on (2025), Octaura debt round (2025). 98 portfolio companies including fintech positions. Made 5 investments in 2025. 10 unicorns, 3 IPOs, 19 acquisitions in portfolio history
• LinkedIn: OMERS Ventures
• Sector focus: Fintech, enterprise applications, vertical SaaS, AI infrastructure
• Stage focus: Series A, Series B
• Location: Toronto, ON
• Website: omersventures.com

7. Diagram Ventures

Montreal-based but deeply active in Toronto fintech - a venture builder that co-founds companies with domain experts, the right call if you're an ex-bank operator who wants to build something new with institutional backing.

• Recent deals: Synctera raised $18.6M led by Lightspeed with Diagram participation (Mar 2025). Pre-seed in Trice (bank payments infrastructure, with RBC and JAM FINTOP). Coral Seed round (Feb 2025). $200M+ raised across 3 funds
• LinkedIn: Diagram Ventures
• Sector focus: Fintech, Web3, insurance, health, ClimateTech
• Stage focus: Pre-seed, Seed, Series A
• Location: Montreal, QC (active Toronto fintech investor)
• Website: diagram.vc

8. Round13 Capital

Toronto growth fund that backs Canadian vertical SaaS and fintech companies with $1M+ ARR - one of the few local funds that explicitly requires revenue before writing a cheque, which makes their bar clearer than most.

• Recent deals: Active deployment through 2025-2026 with portfolio including League, Wealthsimple (early position), and PointClickCare. Multi-stage fund with dedicated growth capital alongside early-stage positions
• LinkedIn: Round13 Capital
• Sector focus: Vertical SaaS, fintech, consumer brands, enterprise software
• Stage focus: Series A, Growth
• Location: Toronto, ON
• Website: round13capital.com

9. Inovia Capital

Canada's largest multi-stage VC with a consistent fintech thesis - has backed Wealthsimple and Lightspeed at early stages and has the follow-on capacity and US networks to actually help you scale beyond Canada.

• Recent deals: Co-led Cohere $500M Series C (Aug 2025). Active across seed through growth stages in Canadian fintech and AI. Maintains dedicated growth fund alongside early-stage vehicles
• LinkedIn: Inovia Capital
• Sector focus: Fintech, AI, SaaS, consumer tech
• Stage focus: Seed through Growth
• Location: Toronto, ON (also Montreal, Calgary, San Francisco)
• Website: inovia.vc

10. Golden Ventures

Toronto's most consistent pre-seed fund across sectors - has a track record in fintech-adjacent plays and brings strong Waterloo corridor connections alongside a downtown Toronto presence.

• Recent deals: Active pre-seed and seed deployment across Canada in 2025-2026. Backed by Deloitte Ventures as LP, which adds enterprise network value for B2B fintech founders targeting Canadian financial institutions
• LinkedIn: Golden Ventures
• Sector focus: AI, fintech, SaaS, sustainable tech
• Stage focus: Pre-seed, Seed
• Location: Toronto, ON
• Website: golden.ventures

11. MaRS Investment Accelerator Fund (IAF)

Canada's most active early-stage VC by deal count - writes cheques up to $500K for Ontario-based fintech, health, and B2B SaaS founders who need institutional validation before their Series A.

• Recent deals: MedReddie investment (Nov 2025). 150+ portfolio companies backed since 2008. Latest investments focused on B2B software, fintech, and digital health with regular deployment through 2025-2026
• LinkedIn: MaRS Investment Accelerator Fund
• Sector focus: B2B SaaS, fintech, digital health
• Stage focus: Seed
• Location: Toronto, ON (Ontario-focused mandate)
• Website: marsiaf.com

12. Georgian

Toronto's largest applied AI investment platform with $5.9B AUM - writes $10M-$50M growth cheques into software and fintech companies that have proven AI creates measurable business value, not just as a feature.

• Recent deals: Raising a fresh $1B fund in 2025-2026. Active portfolio management across $5.9B AUM with continued fintech infrastructure investments through the year
• LinkedIn: Georgian
• Sector focus: Applied AI, fintech infrastructure, enterprise SaaS
• Stage focus: Series B, Growth
• Location: Toronto, ON
• Website: georgian.io

13. Panache Ventures

Canada's most geographically distributed early-stage fund - active in Toronto but writes pan-Canadian pre-seed cheques, worth approaching if you're based outside Toronto but targeting the city's fintech market.

• Recent deals: Active deployment in 2025-2026 across B2B SaaS, fintech, and AI startups across Canada. Strong Western Canada presence combined with Ontario deal flow
• LinkedIn: Panache Ventures
• Sector focus: B2B SaaS, fintech, AI, deep tech
• Stage focus: Pre-seed, Seed
• Location: Toronto, ON (also Calgary, Vancouver, Ottawa)
• Website: panache.vc

14. York Angel Investors

Ontario's largest structured angel network focused specifically on B2B SaaS and fintech - a fast path to an angel round for early Toronto fintech founders before institutional VCs are ready to engage.

• Recent deals: Continued active deployment through 2025-2026 across Ontario-based fintech and B2B SaaS companies. Regular pitch competitions and structured investment process for early-stage companies
• LinkedIn: York Angel Investors
• Sector focus: Fintech, B2B SaaS, healthcare tech
• Stage focus: Angel, Pre-seed
• Location: Toronto, ON
• Website: yorkangels.ca

15. BDC Capital

Canada's national VC platform by deal count - co-invested in Wealthsimple's CAD $750M Series F (Oct 2025) and is an anchor LP across most of Toronto's active fintech funds, giving them visibility into the full deal stack.

• Recent deals: Co-investor in Wealthsimple CAD $750M Series F (Oct 2025, at CAD $10B valuation). Conquest Planning Series B co-investor (Jun 2025). Active across dedicated Women in Tech, IT, and growth funds in Toronto
• LinkedIn: BDC Capital
• Sector focus: Fintech, IT, cleantech, healthcare, cross-sector
• Stage focus: Pre-seed through Growth
• Location: Toronto, ON (also nationwide)
• Website: bdc.ca

16. Canapi Ventures

US-based but one of the most active cross-border fintech investors in Toronto deals - backed by a network of community and regional banks, making their introductions directly relevant if you're selling into North American banking.

• Recent deals: Co-investor in Conquest Planning Series B with Goldman Sachs (Jun 2025). Active in Canadian fintech infrastructure and banking technology deals through 2025-2026
• LinkedIn: Canapi Ventures
• Sector focus: Banking technology, fintech infrastructure, payments, compliance tech
• Stage focus: Seed, Series A, Series B
• Location: New York, NY (active Toronto fintech investor)
• Website: canapi.com

Closing Toronto fintech deals in 2026

Do your homework on the commercial angle before any pitch. Toronto fintech investors aren't just writing financial cheques - they're introducing you to Big Six banks, major insurers, and payment networks. Know which fund's LP base is most relevant to your distribution problem and lead with that. Portage has banks as LPs. Intact Ventures has Canada's largest P&C insurer behind it. Information VP came out of RBC. That context should drive your first paragraph.

Get to product-revenue proof faster than you think you need to. Investors here are used to evaluating against the standards of companies that actually run in production at Canadian financial institutions. "We're building the MVP" doesn't land with funds that have watched Wealthsimple and Borrowell scale. Show active users, pilot contracts, or signed LOIs with named financial institutions.

Upload your deck and financial model to Ellty and send a unique trackable link to each fund. When a Framework or Portage partner spends six minutes on your unit economics but skips your competitive landscape, that's your next email. Don't ask for feedback on the whole deck - reference the specific section they engaged with. You'll get a response.

The Canada FinTech Symposium in Toronto is where the right introductions happen in 2026. The Payments Canada Summit is where payments and open banking conversations actually start. Avoid smaller local pitch nights - the right partners from Portage, Luge, and Framework aren't there. Spend your time at the two or three events where your target GPs actually show up.

Set up an Ellty data room with your financial model, cap table, pilot contracts or bank agreements, and regulatory compliance documentation before anyone asks. Toronto fintech investors move fast once they're interested - having your materials organized and permission-controlled prevents the bottleneck that kills momentum in week three of diligence. See how fundraising data room mistakes can slow your raise before it even starts.