Moncton startup hub Venn Innovation’s Atlantic Fintech initiative has announced the Atlantic Canadian companies attending the Money20/20 conference in Las Vegas this week.
The delegation is being backed by the governments of the four Atlantic Provinces via their Atlantic Trade and Investment Growth Strategy, and will include eight fintech startups.
Venn said in a press release that the purpose of the trip, which follows up on a similar mission last year, is to help delegate companies find potential business partners, investors and clients.
“These companies represent the high-calibre of technology and fintech products developed in Atlantic Canada that are catching the attention of the global industry,” said Atlantic Fintech’s Alicia Roisman Ismach, who is leading the delegation, in a press release.
Atlantic Fintech is a “sector initiative” that aims to improve conditions for fintech companies through knowledge-sharing and marketing initiatives.
Here’s a look at this year’s delegation:
Dunbridge Financial (Though Dunbridge is based in Oakville, Ont.,CEO Alex Arnold works from Nova Scotia)
Dunbridge offers a suite of services for companies doing business across international borders, including invoicing, payment automation and the ability to transact in foreign currencies.
Gray Wolf Analytics (Fredericton)
Gray Wolf is aiming to use the behavioral and transactional patterns of cryptocurrency users to identify potential cases of money laundering -- a process similar to how conventional banks spot bad actors in the realm of fiat currencies -- while preserving the anonymity of legitimate users.
OliverPOS (St. John’s)
OliverPOS sells point-of-sale software for e-commerce businesses that identifies shoppers using data such as their email addresses and displays information about their social media activity, advertisements they’ve viewed and tech-support requests they’ve filed, among other metrics.
PayTic (Charlottetown)
PayTic sells software to automate digital payment processes and consolidate tasks that would otherwise require multiple computer programs or have to be done manually, such as chargebacks and fraud monitoring.
SONA (Bedford, NS)
Previously called SonaPay, SONA makes payment processing systems, including hardware and software, for businesses. Its product offerings include mobile payment processing, point of sale systems and cash advance services for merchants.
SnapB2B (Moncton)
Previously SnapAP, SnapB2B has developed a solution that automates the accounts payable process by which a company pays the money it owes to customers and lenders. The software also helps companies reduce costs and improve efficiency in other payment processes, such as invoicing.
The Identity Score (Fredericton)
The Identity Score is developing “digital identity and identity fraud solutions” that employ blockchain technology.
TrojAI (Saint John)
TrojAI sells cybersecurity software designed to guard against hackers seeking to hide malware in the data used to train artificial intelligence systems.