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 develops custom financial software for banks, fintech businesses, brokers, and investment firms. Its work covers mobile banking, digital wallets, lending systems, trading applications, and wealth management platforms. The company serves North America from a US headquarters and European development offices, making it a remote delivery option for Toronto businesses.
Its services extend from product discovery and interface design to development, testing, cloud engineering, and maintenance. Integration work includes payment providers, banking systems, identity verification services, and market data sources. This scope suits projects where the customer application and its underlying financial workflows need to be developed 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 development company with a dedicated fintech service offering. It builds banking applications, payment processing systems, investment management platforms, and financial analytics tools. Its integration work connects financial products with banks, business systems, identity verification providers, and external data services.
Payment operations are a useful comparison point: the company offers development for reconciliation, recurring billing, and payment automation. Its wider engineering services include cloud infrastructure, quality assurance, cybersecurity, and ongoing support, allowing a financial software project to include both application development and the systems needed to operate 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 combines product development with custom web and mobile engineering. The company lists Toronto and Warsaw as its locations, and its fintech portfolio includes work on a financial transaction platform that helps companies raise capital. Its website also features a client reference from DealMaker.
The team provides discovery, product strategy, MVP development, and software modernization. That combination is relevant to financial technology companies developing a product through several releases, especially when requirements need to be refined alongside implementation. Its broader portfolio includes enterprise applications and subscription management software, rather than an exclusive focus on banking systems.
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 provides product engineering, design, strategy, and scaling services, with Toronto among its listed locations. Its financial technology portfolio includes Rise, a payments project involving in-store terminal integration and transaction reconciliation. This gives buyers a concrete example to examine when evaluating experience with payment workflows.
Beyond individual applications, the company offers cloud engineering, DevOps, web development, and mobile development. It also provides technical debt management and product due diligence. These services are relevant when a fintech business needs to assess an existing product, extend its functionality, or improve its technical foundation before further growth.
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 works with financial services organizations on digital platforms and customer experiences. Its financial services practice covers banking, insurance, and financial markets, and the company lists Toronto as a location. Relevant capabilities include application modernization and using GraphQL to improve access to information held in existing systems.
Its product engineering offering also includes design systems and support for internal engineering teams. Rangle is worth considering when the main challenge is improving a financial product's interface, application architecture, or release process. Those capabilities are particularly relevant to organizations maintaining several customer-facing products that share components and underlying 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 and serves the Toronto market alongside other Canadian locations. Its financial services offering focuses on coordinating customer requests, operational work, decisions, and next steps across teams and systems.
The company develops web applications, mobile applications, and business platforms, with interface design and software support available as part of its service range. Its emphasis makes it relevant to businesses replacing spreadsheets, disconnected tools, or fragmented service processes with a custom application. Buyers can assess it for operational financial software as well as the interfaces employees and customers use to access those workflows.
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 develops mobile applications and custom software, with Toronto identified as a core market on its website. Its industry offering includes finance and fintech, covering banking applications, payment products, and other financial software. The company also lists Credit Canada among its clients.
Mobile delivery is a substantial part of its service range. AppStudio offers iOS, Android, React Native, and Flutter development, alongside web applications and enterprise software. This combination is relevant to financial businesses planning a mobile product with supporting web functionality, or evaluating whether native and cross-platform development better fit their requirements.
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 specializing in financial services and energy, with a registered Toronto presence. Its banking work includes building digital banks, modernizing core operations, and supporting payment technology programs. Capital markets and wealth management are also established parts of its offering.
The company combines technology delivery with changes to business processes, data capabilities, and control environments. That scope is relevant to financial institutions whose software project involves several operational teams. Capco is a Wipro company, and its consulting-led model should be assessed against the scale and organizational complexity of the proposed engagement.
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 develops, implements, and operates technology for banking and capital markets organizations. Its Toronto office is part of a wider Canadian presence. Relevant work includes customer onboarding, lending, payment processing, financial crime monitoring, and wealth management systems.
The company combines application services with its own banking software, including CGI All Payments, CGI Trade360, and CGI Wealth360. Buyers can therefore evaluate both custom engineering and implementation of existing platforms. Its build, operate, and improve approach is relevant to institutions seeking a provider that can remain involved after deployment and support ongoing changes to 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 combines software engineering, product development, experience design, and data services, with an office in Toronto. Its financial services work includes core banking modernization, real-time payments, and connecting data across banking systems.
Its current offering also includes tools for understanding legacy code and supporting software modernization. These capabilities are relevant when a bank needs to preserve existing business rules while rebuilding applications. Publicis Sapient's scope extends into ongoing technology operations and workflow automation, making it a candidate for programs that combine new financial products with substantial changes to an established 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 services bring together product engineering, platform engineering, data work, and experience design. This provides a local option for organizations that want consulting and hands-on development within the same engagement.
The Toronto team also offers delivery leadership, analytics, and organizational support. That range is relevant when a financial software initiative requires coordination between technology, operations, and customer-facing teams. Its financial services coverage includes banking, payments, and capital markets, while its broader engineering practice supports the underlying applications and data platforms.
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 organizations through a global delivery network that includes Canada. Its published Canadian locations include Kitchener-Waterloo, making it a broader Canadian delivery option for Toronto buyers.
Financial services coverage spans retail and commercial banking, wealth management, capital markets, and open banking and payments. Its engineering services include API integration, platform development, quality engineering, cloud services, and modernization. EPAM is relevant to organizations that need development across several connected systems, particularly where a new financial product must coexist with established enterprise applications 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 offers financial technology services through its Canadian practice and wider international organization. Its work with banks, payment businesses, and fintech scale-ups combines software delivery with technology modernization. The financial services offering also covers wealth management and the use of data and AI in digital products.
A relevant distinction is its attention to engineering practices and how teams deliver software. Alongside application work, Thoughtworks helps organizations change development processes and improve their ability to release new functionality. This makes it worth assessing for financial businesses seeking both a development partner and improvements to their internal delivery capabilities.
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 and provides technology services for banking and financial institutions. Its banking offering focuses on modernizing systems, reducing technical debt, and using automation to improve operations. Payment reconciliation and changes to core banking technology are among the areas covered in its financial services material.
Its scope is relevant to established organizations managing a portfolio of applications, rather than a single isolated build. Buyers can evaluate Cognizant for programs that connect customer-facing software with operational systems and require continuing technology support. The appropriate engagement depends on how much consulting, implementation, and operational responsibility the financial institution wants to place with one provider.
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 has a Toronto Innovation Hub and provides banking technology services across core modernization, payments, and open banking. Its work includes technology implementation and integration, supported by broader consulting and managed services capabilities.
The company is relevant to financial institutions planning extensive changes to their banking infrastructure or delivery model. Its banking portfolio includes modernization of core systems and the development of payment services across retail and commercial use cases. For Toronto buyers, the main comparison point is the breadth of the program: Accenture's offering can encompass both the software itself and the operational changes needed to introduce it 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.