Meet Canada’s Fastest-Growing Financial Services Companies: 2018 Growth 500

 
Growth 500: Canada’s Fastest-Growing Companies
Couple meet with financial advisor in office

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The 28 financial services firms on the 2018 Growth 500 ranking of Canada’s Fastest Growing Companies grew their revenues an average of 1,307% between 2012 and 2017. Collectively they employed 2,261 full time-equivalent employees in 2017.

Here is the complete list of Canada’s fastest-growing financial services companies.

1. EdenPark
Growth 500: 2
Growth (2012–2017): 9,656%
Revenue (2017): $10–20 million
Headquarters: Toronto, Ont.
What it does: Provides consumer finance services to automotive dealers and car-buyers

2. Wave
Growth 500: 10
Growth (2012–2017): 5,914%
Revenue (2017): $20–50 million
Headquarters: Toronto, Ont.
What it does: Offers integrated financial services and software to small businesses

3. LowestRates.ca
Growth 500: 11
Growth (2012–2017): 4,905%
Revenue (2017): $10–20 million
Headquarters: Toronto, Ont.
What it does: Allows customers to compare rates on mortgages, insurance, car loans and credit card offers online

4. Canada Drives
Growth 500: 14
Growth (2012–2017): 4,610%
Revenue (2017): $50–100 million
Headquarters: Vancouver, B.C.
What it does: Facilitates auto financing, personal loans and credit services for consumers through an online portal

5. Surex Direct
Growth 500: 22
Growth (2012–2017): 3,097%
Revenue (2017): $5–10 million
Headquarters: Magrath, Alta.
What it does: Brokers home, auto and small-business insurance online

6. Merchant Advance Capital
Growth 500: 49
Growth (2012–2017): 1,472%
Revenue (2017): $10–20 million
Headquarters: Vancouver, B.C.
What it does: Provides financing to small- and mid-sized businesses

7. IOU Financial
Growth 500: 62
Growth (2012–2017): 1,256%
Revenue (2017): $10–20 million
Headquarters: Montreal, Que.
What it does: Offers online lending to small businesses in Canada and the U.S.

8. KnightsbridgeFX.com
Growth 500: 107
Growth (2012–2017): 844%
Revenue (2017): $5–10 million
Headquarters: Toronto, Ont.
What it does: Offers online currency exchange services

9. Financeit
Growth 500: 121
Growth (2012–2017): 760%
Revenue (2017): $20–50 million
Headquarters: Toronto, Ont.
What it does: Provides point-of-sale financing software for the retail, automotive and home improvement industries

10. Matrix Mortgage Global
Growth 500: 144
Growth (2012–2017): 610%
Revenue (2017): $2–5 million
Headquarters: Toronto, Ont.
What it does: Provides alternative and private real-estate financing

11. KV Capital
Growth 500: 162
Growth (2012–2017): 505%
Revenue (2017): $2–5 million
Headquarters: Edmonton, Alta.
What it does: Offers short-term financing to consumers and businesses

12. Acer Mortgage Lending
Growth 500: 179
Growth (2012–2017): 428%
Revenue (2017): $2–5 million
Headquarters: Richmond, B.C.
What it does: Brokers mortgages for residential and commercial clients

13. BCV Asset Management
Growth 500: 285
Growth (2012–2017): 236%
Revenue (2017): $10–20 million
Headquarters: Winnipeg, Man.
What it does: Offers investment and wealth management services

14. General Credit Services
Growth 500: 294
Growth (2012–2017): 226%
Revenue (2017): $5–10 million
Headquarters: Vancouver, B.C.
What it does: Offers collection services and other outsourced business tasks

15. Pinnacle Wealth Brokers
Growth 500: 300
Growth (2012–2017): 219%
Revenue (2017): $10–20 million
Headquarters: Calgary, Alta.
What it does: Brokers private investment opportunities for individual investors

16. Dominion Lending Centres
Growth 500: 331
Growth (2012–2017): 195%
Revenue (2017): $20–50 million
Headquarters: Port Coquitlam, B.C.
What it does: Provides mortgage brokerage and leasing services through a franchise network

17. Coaching Financier TREK
Growth 500: 338
Growth (2012–2017): 187%
Revenue (2017): $2–5 million
Headquarters: Laval, Que.
What it does: Provides financial advice and asset-management services for businesses and individuals

18. The Mortgage Advisors
Growth 500: 346
Growth (2012–2017): 182%
Revenue (2017): $2–5 million
Headquarters: Ottawa, Ont.
What it does: Arranges mortgage financing for residential, commercial and industrial clients

19. Guard.me International Insurance
Growth 500: 351
Growth (2012–2017): 178%
Revenue (2017): $10–20 million
Headquarters: Markham, Ont.
What it does: Provides health insurance to international students

20. Value Partners Investments
Growth 500: 394
Growth (2012–2017): 146%
Revenue (2017): $20–50 million
Headquarters: Winnipeg, Man.
What it does: Develops and manages mutual funds for retail investors

21. MarshallZehr Group
Growth 500: 404
Growth (2012–2017): 138%
Revenue (2017): $5–10 million
Headquarters: Waterloo, Ont.
What it does: Provides real estate developers with financing and capital management services

22. Groupe Premier Medical
Growth 500: 405
Growth (2012–2017): 138%
Revenue (2017): $10–20 million
Headquarters: Laval, Que.
What it does: Offers group insurance benefits to companies, primarily in Quebec and Ontario

23. Trisura Guarantee Insurance
Growth 500: 436
Growth (2012–2017): 125%
Revenue (2017): $100–200 million
Headquarters: Toronto, Ont.
What it does: Offers specialty insurance services

24. Mica Cabinets de Services Financiers
Growth 500: 437
Growth (2012–2017): 125%
Revenue (2017): $20–50 million
Headquarters: Quebec City, Que.
What it does: Sells mutual funds, insurance products and other services to financial advisors

25. Provisus Wealth Management
Growth 500: 456
Growth (2012–2017): 116%
Revenue (2017): $5–10 million
Headquarters: Toronto, Ont.
What it does: Manages investment portfolios for high-net-worth clients

26. Zomaron (No. 466); 27. Shenglin Financial (No. 470); 28. HomEquity Bank (No. 491);

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