Canada’s 2019 Top 50 FinTech Companies was announced on July 18, highlighting Charitable Impact as one of the dynamic fintechs that are transforming the financial services industry.
VANCOUVER, B.C., July 23, 2019. The Digital Finance Institute has selected Charitable Impact as one of Canada’s Top 50 FinTech Companies after receiving the input and insight from the FinTech and finance community across Canada. Charitable Impact was selected amongst other leading companies like Wealthsimple, Shopify and Interac.
The institute conducted market research and informational interviews with industry stakeholders to help identify the leading companies. Factors such as product innovation, disruption of a service, scalability and growth adoption were also considered in preparing the list. The companies listed represent a wide diversity of sub-sectors in FinTech, capital markets, insurance, Blockchain, RegTech (regulatory processes tech), payments and finance.
In Charitable Impact’s case, they develop new approaches to giving that are helping thousands of Canadians to give more intentionally and strategically. “No matter which causes donors choose to support, how much they give, or how experienced they are with charitable giving, anyone who wants to make a difference can use our Impact Accounts. We are engaging donors in new and innovative ways to make giving an intentional and joyful part of daily life for everyone,” said John Bromley, Founder and CEO of Charitable Impact (CHIMP). “We are proud to be recognized by the FinTech and Finance community among these leading companies”.
Charitable Impact is a charity registered as a public foundation and operates as a donor-advised fund, which means people can manage their giving and support all their favourite charities from a single account. Just like an online bank account for charitable giving, an Impact Account helps people find and give to all their favourite charities from one place, take the time they need to plan their giving, connect with others who are creating change, and get help with making the biggest impact possible. Moreover, people can make non-cash donations of securities, life insurance policies, real estate and even cryptocurrency. Indeed, Charitable Impact processed the first known donation of cryptocurrency to a Canadian DAF in late 2017.
Canada’s Top 50 FinTech Companies Report was released on July 18. Each company was celebrated for their innovation, expertise and leadership in Canada’s financial technology sector.
About Charitable Impact (CHIMP)
Vancouver-based Charitable Impact is for anyone who wants to make a difference, no matter what causes they choose to support. Like an online bank account for charitable giving, it helps people find and give to their favourite charities from one place, take the time and space to plan their giving, connect with others creating change, and get help with making their biggest impact possible. Since being founded in 2011, its mission has been to nurture the generosity within each person, and bring the resources for creating change in the world to everyone.
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