UK and Canada

Three fintech companies to invest in the UK




Three Canadian fintech companies have announced new investments in the UK.

Banking technology platform Zafin, due diligence specialist OutsideIQ and investor relations firm Q4 Inc will create around 150 jobs between them, with more commitments expected in future.

The three firms visited London as part of a delegation of 12 Canadian companies that had been invited to the UK by the Department for International Trade (DIT).

Mark Garnier, minister for international trade, said: “As a world leader in financial services, technology and research, the UK is embracing and leading the way in new fintech developments.


“DIT has been able to offer these innovative Canadian companies the chance to come to the UK, to share ideas in this fast-changing industry and highlight that the UK remains open for business.”

As part of the announcement, Q4 revealed that it would be opening its second European office in London in January, and expects to scale the UK team to more than 20 staff by the end of 2017. 

“The London Stock Exchange is home to thousands of listed companies, making London the perfect base for expanding our international footprint and European client base,” explained Darrell Heaps, CEO of Q4.

Nancy Langer, president and COO of Zafin, added: “We are bullish about the UK market and are making the appropriate investments to use it as a base for expanding our business in the UK itself, as well as Europe.”

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