Consumers are becoming more and more engaged. They want to buy local, from ethical companies with social and environmental aims. They want that transparency, and they want to help to improve our society. This change is also apparent in the banking system, where social enterprises are expanding in Canada and elsewhere; this industry has also seen the emergence of several non-traditional banking models across the planet. A good example is Triodos, a bank in the Netherlands that did not lose a penny through the economic crisis of 2008, as a result of investing solely in the impact economy – that which has a direct impact on the community — rather than the financial economy.
Fintech Innovators, a collaboration between FinTech investment firm, H2 Ventures and KPMG Fintech, today announced the 2016 FinTech 100, meant to put the spotlight on the world’s leading FinTech companies. The annual list includes the leading 50 Established FinTech companies, and a separate category for 50 ‘Emerging Stars’, which focuses on companies with disruptive and potentially game-changing ideas.