Building a financially healthier future for all Canadians
Powered by Fintech Cadence, IFH Lab is a six-month program for six startups designing real solutions to the most pressing financial health challenges Canadians face today, particularly those most financially vulnerable.


May - October 2021

Application deadline: March 26, 2021 at 2pm EST

We are looking for...

Startups that can help better the financial lives of Canadians.

Millions of Canadians are struggling to pay for today, save for tomorrow, and plan for the unexpected. Over 50% of Canadians spend more than or equal to their income every month. 1/3rd aren’t able to pay all their bills on time and in full. Fintech can fill the gap.

Whether offering creative new financial products for consumers, or solving persistent barriers to inclusion and accessibility in our existing financial services sector, we are looking for ideas that help Canadians build financial health and resilience.

Here are some of the opportunity areas that we focus on:


Solutions for the financially vulnerable that are struggling with debt or living paycheque-to-paycheque.

Gig workers

Tools that make it easier for gig workers and the self-employed to better manage the impacts of income volatility.


Products and services helping seniors protect and manage their assets to increase financial independence.

Small businesses

Solutions that provide small business entrepreneurs the tools and resources they need to sustain and grow.

Indigenous Peoples​

Innovations that address the lack of culturally appropriate financial products and services for Indigenous Peoples.


Platforms that help survivors of intimate partner violence by providing a financial safety net .

Why IFH Lab?

IFH Lab is designed specifically to address the needs of entrepreneurs addressing financial health challenges.

As part of the program, selected startups will receive access to:

  • Mentorship: Personalized guidance from founders, financial services executives, investors, and experts in financial health. 
  • Community: A cohort of like-minded entrepreneurs to exchange best practices and access to a broader network of investors and partners
  • Programming: Bi-weekly sessions on topics most relevant to financial health entrepreneurs from value proposition to regulation to impact measurement.


Most importantly, we care about your mission and your goals. We equally support entrepreneurs looking to build venture-backed businesses and those looking to build non-profits.

Our First Year in Numbers




Jobs Created




Canadians Helped

You are...

an early-stage fintech company with a demonstrated commitment to improving the financial lives of Canadians with…

  • At least one full-time employee
  • A product in market with some users (test users/pilots included)
  • Less than $1 million in funding raised
  • Incorporated in Canada, or with plans to incorporate in Canada by the end of the cohort

Fintech Cadence is committed to fostering a community that includes diverse perspectives in the development of new fintech innovations. We actively seek applicants who are from, or who have worked closely at the community level with historically marginalized groups. This includes but is not limited to First Nations, Inuit or Metis people, people of colour, people with disabilities, LGBTQIA+ people, recent immigrants and people from low-income families.

Want to learn more?

We are hosting an info session on March 3rd at 12 pm EST

Key Dates

1. Application Deadline

March 26, 2021 @ 2pm EST

2. Interviews

April, 2021

3. Program

May 6 - October 8, 2021