CPAs Are Seeing Fintech Innovation Across Many Canadian Provinces | National Crowdfunding & Fintech Association of Canada
CPA | | Aug 17, 2022
For several years now, fintech has been driving considerable growth both globally and here in Canada. To gain an understanding of where the industry currently stands, we spoke with Rajeev Shankar, partner, finance transformation & financial services, with KPMG Canada. Shankar has a wealth of experience in implementing large-scale transformation initiatives and has consulted with clients across industries ranging from retail and financial services to oil and gas and telecommunications.
Here, Shankar outlines some of the major fintech trends in Canada and elsewhere, and how they affect CPAs.
CPA Canada: As the fintech industry grows, we’ve seen a number of subsectors spring up—from wealthtech (digital solutions that facilitate the processes of wealth management) to insurtech (insurance technology). Do you expect this to continue?
RAJEEV SHANKAR (RS):
The Toronto-Waterloo region is known as a fintech hub. Is the area continuing to grow?
Are you seeing many CPAs moving into fintech?
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