Toronto, Ontario – November 24th, 2025
Fintech Cadence is proud to announce a new partnership with the Financial Services Regulatory Authority of Ontario (FSRA), joining as a stream partner in the Ascension program. Fintech Cadence’s program is designed to help fintech startups prepare for fundraising and sustainable growth.
As part of this collaboration, FSRA will deliver a Regulatory Masterclass exclusively for fintech founders participating in Ascension. The session will provide practical insights into Ontario’s financial regulatory landscape, helping founders understand how to engage effectively with regulators and build responsibly within a supervised environment.
A key feature of the collaboration will be the introduction of FSRA’s Test and Learn Environment (TLE) to the founders, a program designed to support fintech innovators in safely testing new technologies, products, and business models under FSRA’s regulatory oversight.
“By working directly with fintech founders at critical stages of their growth, we can help foster innovation that is responsible and impactful, for the industry and for consumers,” said Stephanie Appave, Director, Innovation Office, FSRA.
Through this partnership, FSRA’s Innovation Office will share with fintech startups how FSRA’s Test and Learn Environment can help them elevate their business. As a part of Fintech Cadence’s accelerator program, called Ascension, the Innovation Office will host a Masterclass for participating fintech founders.
The Masterclass attendees will gain:
- Insights into regulatory considerations for startups
- Awareness of FSRA’s initiatives in innovation and regulation
- An understanding of the value and benefits of participating in the TLE
The Ascension program supports fintech companies as they grow their businesses and attract investment, connecting founders with experts, mentors, and partners to accelerate their development.
“As we continue and deepen our important relationship with FSRA and its Innovation Office, this partnership is further strengthened with the introduction of the FSRA Innovation Stream into our Ascension Program.” said Layial El-Hadi, Executive Director, Fintech Cadence. “We look forward to showcasing regulation-focused content throughout the Ascension Program and to a year of innovation and impact.”
This partnership builds on FSRA’s ongoing efforts to support responsible innovation and empower the next generation of fintech leaders. This is one of several initiatives taken by FSRA’s Innovation Office to enable financial services entrepreneurs and startups across the province to support innovation.
For more information about the FSRA Stream and Masterclass, visit https://fintechcadence.com/ascension/.
Learn More
Find out more about FSRA’s Innovation Office and how it is enabling responsible innovation in Ontario’s financial services sector.
FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone. Learn more at www.fsrao.ca.
Fintech Cadence is a non-profit organization established in 2017 that is dedicated to the Canadian fintech community by providing multiple initiatives from coast to coast. Their mission is to advance the financial system for the better through a three-tier mandate of educating fintech talent, supporting early-stage startups, and fostering collaboration amongst Canada’s fintech ecosystem of financial institutions, VCs, incubators, accelerators and universities. Learn more here.
For media inquiries, please contact:
Fintech Cadence
Layial El-Hadi
Executive Director
Email: layial@fintechcadence.com
Financial Services Regulatory Authority of Ontario
Russ Courtney
Senior Manager Media Relations
Email: russ.courtney@fsrao.ca
Tel: 437-225-8551