Recently, I had a discussion with a friend about what I do for Atlantic Fintech and what fintech means. As I started answering, I realized I was trying to package something as versatile and powerful as fintech into a few sentences, while trying not to limit it to a few check boxes.

As we collectively adapt to the new normal post the pandemic, we see surprising outcomes such as increased opportunities for remote investments. Earlier, venture capital (VC) investors in the technology sector would reject companies that were headquartered far from their physical location. Now, there is a surge in the number of investors who are open to engaging with entrepreneurs they have never met before, and to closing fully remote deals. 

The rising cost of fighting cybercrime in financial institutions has revealed a big gap that Atlantic Canadian fintech innovators can fill with their rich financial experience and tech expertise.

As our economy is starting to shift from response to recovery mode post the pandemic, fintech innovators and companies have started leading the charge. Every company, even those that have nothing to do with financial services, now see tremendous potential in the digital economy. Fintech is no longer an industry by itself. It is evolving into the backbone of all other industries, like cybersecurity and cloud computing.