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Financial Services
44 Canadian alternatives in Financial Services.
Sonnet Insurance
Best for
Digital tenant and home insurance
Canadian digital home and auto insurer in the Definity group. Useful as an alternative to Allstate specifically for digital tenant and home insurance.
Square One Insurance
Best for
Digital tenant and home insurance
Canadian-owned digital insurance agency for home and tenant coverage. Useful as an alternative to Allstate specifically for digital tenant and home insurance.
Co-operators
Best for
Home, auto and business insurance
Entirely Canadian-owned cooperative insurer with direct overlap in personal and commercial insurance.
Desjardins
Best for
Insurance and financial services
Canadian cooperative financial group offering home, auto and other insurance products.
Wawanesa Insurance
Best for
Home, auto and business insurance
100% Canadian-owned mutual insurer offering auto, home, farm and business coverage through brokers. A strong national Canadian alternative to Allstate for core property-and-casualty insurance.
Interac
Best for
Debit payments and transfers
Canadian payment network for debit/e-Transfer; not a full credit-card network replacement.
Helcim
Best for
Merchant payment processing
Canadian payments provider for merchants, not a consumer charge-card issuer/network.
ATB Financial
Best for
Personal and business banking
ATB Financial offers personal and business banking, lending and wealth services that overlap with core Chase banking use cases.
Servus Credit Union
Best for
Personal and small-business banking
Servus Credit Union provides chequing, savings, lending and business banking that overlap with core Chase banking services.
Coast Capital Savings Federal Credit Union
Best for
Everyday personal chequing, savings and consumer banking
Both provide personal transaction and savings accounts with digital banking services.
Neo Financial
Best for
Digital banking and money-management app
Calgary-founded financial-technology platform providing digital spending, savings, credit and payments products. For digital banking and money-management app, it is a close Canadian substitute to Chime.
KOHO
Best for
Digital banking and money-management app
Canadian consumer-finance app offering spending, prepaid payment, credit-building and savings features. For digital banking and money-management app, it is a close Canadian substitute to Chime.
EQ Bank
Best for
Digital banking and money-management app
Toronto-based digital bank offering savings, spending, cards and everyday banking through Equitable Bank. For digital banking and money-management app, it is a close Canadian substitute to Chime.
NDAX
Best for
Cryptocurrency trading
Calgary-based Canadian-owned cryptocurrency platform serving retail and institutional clients. A direct Canadian alternative to Coinbase for buying and trading digital assets.
Borrowell
Best for
Credit score monitoring and financial marketplace
Toronto-founded financial platform for free credit scores, credit monitoring and financial-product comparison. For credit score monitoring and financial marketplace, it is a close Canadian substitute to Credit Karma.
Wealthsimple
Best for
Investing, brokerage and managed portfolios
Canadian financial platform offering managed investing and self-directed stock/ETF trading. A partial alternative to Fidelity for Canadian retail investing and wealth management.
FundRazr
Best for
Online crowdfunding and fundraising
Canadian crowdfunding platform for personal, nonprofit and community fundraising campaigns. For online crowdfunding and fundraising, it is a close Canadian substitute to GoFundMe.
CanadaHelps
Best for
Online crowdfunding and fundraising
Canadian public foundation providing online donation processing and fundraising technology for Canadian charities. It is a narrower Canadian substitute to GoFundMe specifically for online crowdfunding and fundraising, not the full platform.
Wealthsimple
Best for
Self-directed investing and brokerage
Toronto-headquartered Canadian investing platform offering stock and ETF trading plus managed investing. A strong Canadian alternative for many retail investors, with different professional-trading capabilities.
NDAX
Best for
Cryptocurrency trading
Canadian-owned Calgary crypto trading platform. A direct Canadian alternative to Kraken for Canadians buying, selling and holding digital assets.
Sonnet Insurance
Best for
Digital home and tenant insurance
Canadian digital home and auto insurer in the Definity group. Useful as an alternative to Lemonade specifically for digital home and tenant insurance.
Square One Insurance
Best for
Digital home and tenant insurance
Canadian-owned digital insurance agency for home and tenant coverage. Useful as an alternative to Lemonade specifically for digital home and tenant insurance.
Interac
Best for
Debit payments and person-to-person transfers
Canadian network for debit and e-Transfer; not a full substitute for Mastercard credit-card acceptance.
Helcim
Best for
Merchant payment processing
Canadian payments company for card acceptance and merchant tools rather than a domestic card network.
Neontra
Best for
Personal budgeting and financial tracking
Personal-finance and budgeting platform supporting Canadian and U.S. financial accounts. Useful as an alternative to Monarch Money specifically for personal budgeting and financial tracking.
Wealthica
Best for
Personal budgeting and financial tracking
Canadian personal-finance platform for consolidated investment tracking and net-worth monitoring. Useful as an alternative to Monarch Money specifically for personal budgeting and financial tracking.
Waypoint Budget
Best for
Personal budgeting and financial tracking
Calgary-built personal budgeting app with zero-based budgeting, Canadian bank connections and TFSA/RRSP support. Useful as an alternative to Monarch Money specifically for personal budgeting and financial tracking.
Interac
Best for
Person-to-person and bank transfers
Interac e-Transfer is a Canadian network alternative for many domestic person-to-person payments.
Helcim
Best for
Online and in-person merchant payments
Canadian payments company offering online checkout and merchant processing.
PolicyMe
Best for
Online insurance shopping and comparison
Toronto-founded digital life and health insurance platform. Useful as an alternative to Policygenius specifically for online insurance shopping and comparison.
Ratehub.ca
Best for
Online insurance shopping and comparison
Canadian financial comparison platform for mortgages, insurance, banking and credit cards. Useful as an alternative to Policygenius specifically for online insurance shopping and comparison.
Manitoba Public Insurance
Best for
Purchase passenger auto insurance coverage
MPI and Progressive both insure road-going passenger automobiles.
RemitBee
Best for
International money transfer
Canadian online international money transfer and currency exchange platform. Useful as an alternative to Remitly specifically for international money transfer.
KnightsbridgeFX
Best for
International money transfer
Toronto foreign-exchange service for individuals and businesses. Useful as an alternative to Remitly specifically for international money transfer.
Questrade
Best for
Self-directed investing and trading
Canadian online brokerage and investing platform serving self-directed investors. Useful as an alternative to Robinhood specifically for self-directed investing and trading.
Wealthsimple
Best for
Self-directed investing and trading
Toronto-headquartered Canadian financial platform offering managed investing, self-directed trading, crypto, saving, spending and tax products. Useful as an alternative to Robinhood specifically for self-directed investing and trading.
Petsecure
Best for
Pet health insurance
Canadian pet-health insurance provider for dogs and cats across Canada. Useful as an alternative to Trupanion specifically for pet health insurance.
Wealthsimple
Best for
Self-serve tax filing software
Toronto-headquartered Canadian financial platform offering managed investing, self-directed trading, crypto, saving, spending and tax products. Useful as an alternative to TurboTax specifically for self-serve tax filing software.
Interac
Best for
Debit payments and person-to-person transfers
Canadian payment network for debit and e-Transfer; it is a partial alternative because Canada does not have a like-for-like domestic credit-card network.
Helcim
Best for
Merchant payment processing
Calgary payments provider for businesses; a Canadian merchant-services alternative, not a replacement credit-card network.
Interac
Best for
Money transfers
Canadian payments network whose Interac e-Transfer service is a strong alternative for domestic person-to-person transfers. It does not replace Western Union’s international cash-transfer network.
Neontra
Best for
Personal budgeting and financial tracking
Personal-finance and budgeting platform supporting Canadian and U.S. financial accounts. Useful as an alternative to YNAB specifically for personal budgeting and financial tracking.
Wealthica
Best for
Personal budgeting and financial tracking
Canadian personal-finance platform for consolidated investment tracking and net-worth monitoring. Useful as an alternative to YNAB specifically for personal budgeting and financial tracking.
Waypoint Budget
Best for
Personal budgeting and financial tracking
Calgary-built personal budgeting app with zero-based budgeting, Canadian bank connections and TFSA/RRSP support. Useful as an alternative to YNAB specifically for personal budgeting and financial tracking.