Tal Schwartz
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Aug 13, 2026
The Best Canadian Fintechs Aren't Racing to the US | Tal Schwartz, North Exit Ventures
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5:32
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4:49Conor SatleyHOST
If I were to take a group of sort of American fintech founders and Canadian fintech founders and maybe Latam fintech founders, how would you be able to tell the difference? What's the ethos or what's the approach or is it in the product? Is it in their relationship with the customers? What is it that makes Canadian fintech founders tick?

Tal SchwartzGUEST
So I would say the biggest, because financial services is such a heavily regulated industry, policy development in Canada is a huge differentiating factor.

Tal SchwartzGUEST
You know, the U.S. market, you also have a high concentration of very large financial institutions.

Tal SchwartzGUEST
Um, the, uh, the key different is around major pieces of, uh, policy and legislation that allows for competition in the financial services industry.

Tal SchwartzGUEST
So these terms are a little bit wonky, but if you're in the fintech industry, you'll, uh, have heard of a concept called open banking, which is, uh, the ability for, uh, The sharing of financial information between banks and third parties, that's permission by the user.
5 MINS LATER
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11:14Conor SatleyHOST
Can you mention a few of the deals you've made that you think might really have legs?