Toronto businesses can choose from local development teams, international fintech specialists, and consultancies that build and modernize banking systems. This list covers companies with Toronto operations or broader Canadian and North American service coverage, with each entry identifying its relevant presence. Compare their financial software experience, project scope, and delivery services against the product you need to build.
1. Itexus
Itexus builds custom financial software for banks, fintech businesses, brokers, and investment firms. It works on mobile banking, digital wallets, lending systems, trading apps, and wealth management platforms. The company serves North America from a US headquarters and European development offices, so Toronto teams work with it remotely.
Itexus covers the whole path from product discovery and interface design to development, testing, cloud engineering, and maintenance. It also connects products to payment providers, banking systems, identity verification services, and market data sources. That fits projects where the customer app and the financial workflows behind it are built together.
Key Facts
- Core services: Fintech software development, product discovery, UI/UX design, testing, and support.
- Project types: Banking applications, payment infrastructure, lending platforms, and investment software.
- Delivery presence: United States and Europe, with North American service coverage.
- Technical focus: Financial integrations, legacy modernization, and web and mobile applications.
Contact Information
- Website: itexus.com
- E-mail: moc.suxeti@ofni
- Facebook: www.facebook.com/itexus
- Twitter: x.com/ItexusSoft
- LinkedIn: www.linkedin.com/company/itexus-fintech-software
- Instagram: www.instagram.com/itexus.soft
- Address: 8, The Green, STE road, Dover, DE 19901
2. 247 Labs
247 Labs is a Toronto software company with a dedicated fintech service. It builds banking apps, payment processing systems, investment management platforms, and financial analytics tools. It also connects financial products to banks, business systems, identity verification providers, and outside data services.
Payments are a good test case: 247 Labs builds reconciliation, recurring billing, and payment automation. Its team also handles cloud infrastructure, quality assurance, cybersecurity, and ongoing support. A project can therefore cover both the app and the systems needed to run it.
Key Facts
- Location: Toronto, Canada.
- Core services: Financial software development, API integration, cloud engineering, and testing.
- Project types: Banking, payments, investment management, and financial analytics.
- Relevant capabilities: Payment reconciliation and billing automation.
Contact Information
- Website: 247labs.com
- E-mail: moc.sbal742@olleh
- Facebook: www.facebook.com/247labs
- LinkedIn: www.linkedin.com/company/247-labs
- Instagram: www.instagram.com/247_labs
- Address: 600 – 170 University Ave, Toronto, Ontario M5H 3B3
- Phone: +1 877-247-7421
3. datarockets
datarockets pairs product development with custom web and mobile engineering. It lists Toronto and Warsaw as its locations. In fintech, it worked on a financial transaction platform that helps companies raise capital, and its website shows a client reference from DealMaker.
The team offers discovery, product strategy, MVP development, and software modernization. That suits fintech companies that grow a product over several releases and refine requirements as they build. Banking is not its only focus: it has also built enterprise apps and subscription management software.
Key Facts
- Locations: Toronto, Canada, and Warsaw, Poland.
- Core services: Product discovery, custom development, MVP delivery, and modernization.
- Relevant experience: Capital-raising transaction software.
- Delivery focus: Product development and ongoing application evolution.
Contact Information
- Website: datarockets.com
- E-mail: moc.stekcoratad@olleh
- Address: 80 Queens Wharf RdToronto, CanadaM5V 0J3
- Phone: +1 609 807 2407
4. Rootquotient
Rootquotient offers product engineering, design, strategy, and scaling services, and lists Toronto among its locations. Its fintech work includes Rise, a payments project with in-store terminal integration and transaction reconciliation. Buyers can review this project to judge its experience with payment workflows.
The company also does cloud engineering, DevOps, web development, and mobile development. It handles technical debt management and product due diligence too. Choose it when a fintech business needs to assess an existing product, add features, or fix its technical base before growing further.
Key Facts
- Location: Toronto, Canada, with additional international locations.
- Core services: Product engineering, product design, cloud engineering, and DevOps.
- Relevant project: Rise payment platform.
- Additional services: Product due diligence and technical debt management.
Contact Information
- Website: www.rootquotient.com
- E-mail: moc.tneitouqtoor@olleh
- Facebook: www.facebook.com/rootquotient
- Twitter: x.com/rootquotient
- LinkedIn: www.linkedin.com/company/rootquotient
- Instagram: www.instagram.com/rootquotient
- Address: 108 College St, Suite W854, Toronto, ON M5G 0C6
- Phone: +1 647-374-5600
5. Rangle
Rangle builds digital platforms and customer experiences for financial services organizations. Its practice covers banking, insurance, and financial markets, and it lists Toronto as a location. It modernizes applications and uses GraphQL to make data in existing systems easier to reach.
Its product engineering work also includes design systems and coaching for in-house engineering teams. Consider Rangle when the main problem is a financial product's interface, architecture, or release process. It helps most where several customer-facing products share components and services.
Key Facts
- Location: Toronto, Canada.
- Core services: Product engineering, application modernization, and design systems.
- Financial sectors: Banking, insurance, and financial markets.
- Relevant capabilities: GraphQL integration and engineering team development.
Contact Information
- Website: rangle.io
- E-mail: oi.elgnar@ofni
- Twitter: x.com/rangleio
- LinkedIn: www.linkedin.com/company/rangle
- Instagram: www.instagram.com/rangleio
- Address: 5863 Leslie Street, Suite 715, Toronto, Ontario M2H 1J8
- Phone: (416) 737-1555
6. Essential Designs
Essential Designs builds custom software for financial services operations. It serves Toronto as well as other Canadian locations. Its financial work helps teams coordinate customer requests, daily tasks, decisions, and next steps across people and systems.
The company builds web apps, mobile apps, and business platforms, and also offers interface design and software support. It suits businesses that want to replace spreadsheets, disconnected tools, or scattered service processes with one custom app. Buyers can use it both for back-office financial software and for the screens employees and customers use.
Key Facts
- Market presence: Toronto and other Canadian locations.
- Core services: Web applications, mobile applications, business platforms, and UI/UX design.
- Financial services focus: Customer requests and operational workflow coordination.
- Ongoing services: Software support.
Contact Information
- Website: www.essentialdesigns.net
- E-mail: ten.sngisedlaitnesse@nimda
- Facebook: www.facebook.com/teamessentialdesigns
- Twitter: x.com/essentialdesig
- LinkedIn: www.linkedin.com/company/essential-designs-inc.
- Instagram: www.instagram.com/essentialdesignsapps
- Address: 545 King Street West, Toronto, ON M5V 1M1 Canada
- Phone: (289) 796-0997
7. AppStudio
AppStudio builds mobile apps and custom software, and its website names Toronto as a core market. In finance and fintech, it works on banking apps, payment products, and other financial software. Credit Canada is among its clients.
Mobile is a large part of its work. AppStudio builds for iOS and Android, with React Native and Flutter, and also delivers web apps and enterprise software. It fits financial businesses planning a mobile product with web features, or still choosing between native and cross-platform builds.
Key Facts
- Market presence: Toronto, Canada.
- Core services: Mobile development, web development, and custom software.
- Financial project categories: Banking, payments, and financial applications.
- Mobile technologies: React Native, Flutter, and native iOS and Android development.
Contact Information
- Website: www.appstudio.ca
- Facebook: www.facebook.com/Appstudio.ca
- Twitter: x.com/AppStudio_Inc
- LinkedIn: www.linkedin.com/company/appstudiocanada
- Instagram: www.instagram.com/appstudio_inc
- Address: 18 King St E, 14th Floor, Toronto, ON M5C 1C4, Canada
8. Capco
Capco is a business and technology consultancy for financial services and energy, with a registered Toronto presence. In banking, it builds digital banks, modernizes core operations, and supports payment technology programs. It also has long-standing work in capital markets and wealth management.
Capco delivers technology together with changes to business processes, data, and controls. That helps financial institutions whose software project touches several operations teams. Capco is a Wipro company, and its consulting-led model should be weighed against the size and complexity of the project.
Key Facts
- Location: Toronto, Ontario.
- Financial sectors: Banking, payments, capital markets, insurance, and wealth management.
- Project focus: Digital banking and core technology modernization.
- Company relationship: Part of Wipro.
Contact Information
- Website: www.capco.com
- Facebook: www.facebook.com/CapcoGlobal
- LinkedIn: www.linkedin.com/company/capco
- Instagram: www.instagram.com/lifeatcapco
- Address: First Canadian Place, 100 King St W Ste 5010, Toronto, ON M5X 1C7, Canada
9. CGI
CGI builds, implements, and runs technology for banks and capital markets firms. Its Toronto office is part of a wider Canadian network. Its work covers customer onboarding, lending, payment processing, financial crime monitoring, and wealth management systems.
Besides application services, CGI sells its own banking software: CGI All Payments, CGI Trade360, and CGI Wealth360. Buyers can compare custom engineering with rolling out one of these platforms. Under its build, operate, and improve model, CGI stays on after launch and keeps changing critical financial applications.
Key Facts
- Location: Toronto, Canada.
- Core services: Application development, systems implementation, modernization, and managed services.
- Financial areas: Payments, lending, trade finance, and wealth management.
- Software portfolio: CGI All Payments, CGI Trade360, and CGI Wealth360.
Contact Information
- Website: www.cgi.com
- Facebook: www.facebook.com/CGIGroup
- Twitter: x.com/cgi_global
- LinkedIn: www.linkedin.com/company/cgi
- Address: 250 Yonge Street, Suite 2000, Toronto, M5B 2L7
- Phone: +1 416-363-7827
10. Publicis Sapient
Publicis Sapient brings together software engineering, product development, experience design, and data services, with an office in Toronto. In financial services, it modernizes core banking, builds real-time payments, and connects data across banking systems.
It also offers tools that help teams understand legacy code during modernization. A bank can use them to keep existing business rules while rebuilding its applications. Publicis Sapient also runs technology operations and automates workflows. It suits programs that launch new financial products while heavily changing an older technology estate.
Key Facts
- Location: Toronto, Canada.
- Core services: Software engineering, product development, experience design, and data services.
- Financial focus: Core banking modernization and payment systems.
- Relevant capability: Legacy code analysis and modernization.
Contact Information
- Website: www.publicissapient.com
- Facebook: www.facebook.com/PublicisSapient
- LinkedIn: www.linkedin.com/company/publicissapient
- Instagram: www.instagram.com/publicissapient
- Address: 134 Peter St 12th floor, Toronto, ON M5V 2H2, Canada
- Phone: +14166451500
11. Slalom
Slalom's Toronto operation includes the Canadian Slalom Build Centre and a local financial services practice. Its teams handle product engineering, platform engineering, data work, and experience design. Organizations get consulting and hands-on development from one local team.
The Toronto team also provides delivery leadership, analytics, and organizational support. This helps when a financial software project needs technology, operations, and customer-facing teams to work together. Slalom covers banking, payments, and capital markets, and its engineers build the apps and data platforms underneath.
Key Facts
- Local capability: Canadian Slalom Build Centre.
- Core services: Product engineering, platform engineering, data engineering, and experience design.
- Financial sectors: Banking, payments, and capital markets.
Contact Information
- Website: www.slalom.com
- Twitter: x.com/slalom
- LinkedIn: www.linkedin.com/company/slalom-consulting
- Address: 85 Richmond Street West, Suite 500, Toronto, ON M5H2C9, Canada
- Phone: +16472650528
12. EPAM
EPAM provides software engineering and product development for financial services firms through a global delivery network that includes Canada. Its listed Canadian locations include Kitchener-Waterloo, so Toronto buyers get a Canadian delivery option.
EPAM covers retail and commercial banking, wealth management, capital markets, and open banking and payments. Its engineers handle API integration, platform development, quality engineering, cloud services, and modernization. It fits projects that span many connected systems, especially when a new financial product must work alongside existing enterprise apps and data infrastructure.
Key Facts
- Canadian presence: Includes Kitchener-Waterloo, Ontario.
- Core services: Platform development, API integration, quality engineering, and modernization.
- Financial sectors: Banking, wealth management, payments, and capital markets.
- Delivery model: International engineering organization with Canadian operations.
Contact Information
- Website: www.epam.com
- Facebook: www.facebook.com/EPAM.Global
- LinkedIn: www.linkedin.com/company/epam-systems
- Instagram: www.instagram.com/epamsystems
- Address: 305 King St w, Suite 1100, Kitchener, ON N2G 1B9 Canada
- Phone: +1-647-931-6912
13. Thoughtworks
Thoughtworks provides fintech services through its Canadian practice and its wider international organization. It works with banks, payment businesses, and fintech scale-ups, pairing software delivery with modernization. Its financial services work also covers wealth management and the use of data and AI in digital products.
What sets Thoughtworks apart is its focus on engineering practices and how teams ship software. Besides building applications, it helps clients change development processes and release new features faster. Financial businesses that want a development partner and a stronger in-house team should look at it.
Key Facts
- Market coverage: Canada, supported by an international delivery organization.
- Core services: Software engineering, modernization, and data and AI services.
- Financial sectors: Banking, payments, and wealth management.
- Engagement focus: Product delivery and development process improvement.
Contact Information
- Website: www.thoughtworks.com
- E-mail: moc.skrowthguoht@su-tcatnoc
- Facebook: www.facebook.com/Thoughtworks
- Twitter: x.com/thoughtworks
- LinkedIn: www.linkedin.com/company/thoughtworks
- Instagram: www.instagram.com/thoughtworks
- Address: 469 King St W - 2nd Floor, Toronto, ON, Canada, M5V 1K4
- Phone: +16474787493
14. Cognizant
Cognizant serves the Canadian market with technology services for banks and other financial institutions. Its banking work focuses on modernizing systems, cutting technical debt, and automating operations. Its financial services material also covers payment reconciliation and core banking changes.
Cognizant fits established organizations that run many applications, not a single standalone build. Buyers can consider it for programs that link customer-facing software with operational systems and need ongoing support. The right setup depends on how much consulting, implementation, and operations the institution wants one provider to own.
Key Facts
- Market coverage: Canada.
- Core focus: Banking technology modernization and operational automation.
- Relevant areas: Core banking and payment reconciliation.
- Project profile: Enterprise financial technology programs.
Contact Information
- Website: www.cognizant.com
- E-mail: moc.tnazingoc@yriuqni
- Facebook: www.facebook.com/Cognizant
- Twitter: x.com/cognizant
- LinkedIn: www.linkedin.com/company/cognizant
- Instagram: www.instagram.com/cognizant
- Address: Suite 1500, Floor 15, 199 Bay Street, Toronto, ON M5L 1G2
15. Accenture
Accenture runs a Toronto Innovation Hub and provides banking technology services in core modernization, payments, and open banking. It implements and integrates technology, backed by wider consulting and managed services.
Accenture fits financial institutions planning large changes to their banking infrastructure or delivery model. It modernizes core systems and builds payment services for retail and commercial banking. For Toronto buyers, the key question is program size: Accenture can deliver both the software and the operational changes needed to roll it out across a large organization.
Key Facts
- Location: Toronto Innovation Hub, Toronto, Canada.
- Financial focus: Core banking, payments, and open banking.
- Core services: Technology implementation, integration, modernization, and managed services.
- Project profile: Large banking technology programs.
Contact Information
- Website: www.accenture.com
- Address: 40 King Street West, Scotia Plaza Tower, Toronto, Canada, ON, M5H 3Y2
- Phone: +14166415000
Conclusion
Toronto businesses have access to a broad range of fintech software development companies, from local product engineering teams to global technology consultancies. The companies in this list cover banking applications, payment platforms, financial integrations, core system modernization, investment software, and ongoing technology support.
The right provider depends on the project's scope, technical requirements, financial sector, and expected level of involvement. Smaller development teams may suit focused product builds or mobile applications, while larger consultancies can support complex modernization programs involving multiple systems and business units. Comparing relevant fintech experience, delivery capabilities, Canadian presence, and post-launch support can help Toronto businesses select a development partner that matches their specific requirements.