Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital assets and artificial intelligence (AI) startups taking the lion's share of fresh funding, according to KPMG Canada’s Pulse of Fintech report.

While fintech funding slowed globally, Canadian investors maintained steady support for ventures at the intersection of finance and emerging technology. The report singled out companies building blockchain-based infrastructure and AI-driven financial tools as leading growth areas.

"If we look at the first half of 2025, it's clear that digital assets have re-emerged as a magnet for investor interest, despite the broader contraction in venture investment values," said Edith Hitt, a partner at KPMG Canada.

AI investments aren't surprising, given its monumental ex

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