You might have heard or read about the emerging and fast-growing fintech sector across the globe. There are numerous fintech companies that are outperforming and making a mark in this dynamic corporate world. Talking of Canada, Koho Financial seems to be a great fit in this category. Let's discover more on it.
A fintech company is a particular organization which is mainly focused on simplifying finance and money-related tasks for the general public and developing products for reforming the financial and accounting technology in the country.
The key roles of a fintech company include the following :
One sector of fintech companies are responsible to spread awareness among the general public about investing in stocks, mutual funds, bonds and exchange-traded funds. This will cause more cash flow in the country's markets and hence will improve the number of quantities of stocks being traded in the stock exchange.
Modern-day fintech companies provide the services of financial planning and retirement planning to their users. It provides the services of such calculators where the users can enter their desired values and can calculate the output results, to plan accordingly.
Fintech companies are responsible to make the process of making payments easier for the public so that the purchasing convenience of the users can be taken into account. An easy-to-use online payment interface encourages users to make cashless payments, increasing transparency.
The best fintech company in Canada seems to be KOHO Financial Inc. based in the capital Toronto.
Its key features are :
-The platform has over half a million active user base and is also awarded with NASDAQ Fintech Innovation Award in 2015.
-The app of the company is rated 4.8 stars on average on google play store and apple app store which shows a premium and smooth user experience.
-It has store partners all across the country and provides the best deals and offers to its users, providing them value for their money.
Hence, comparing the offerings of various fintech companies, KOHO Financial is the best fintech company in Canada. Do you have any other fintech companies to add to our best list? Feel free to share.
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