The Worldpay of today is an industry-leading payments technology and solutions company with unique capabilities to power omni-commerce across the globe.

Its processing solutions allow firms of all shapes and sizes to take, make and manage payments in-person and online from anywhere in the world, helping customers to be more efficient, secure and successful.

Every year, Worldpay processes more than 40 billion transactions across almost 150 countries and 135 currencies, worth in excess of US$2.2 trillion. 

Recalling the ecosystem ten years ago, he said, “I think many of us looked at the Canadian financial space and thought, ‘This is established, the players are set, it’s going to be really hard for other players to come in.’”

Fast forward to 2024, and new players have arrived and risen. The Canadian FinTech industry has experienced significant growth in the last decade, with a projected compound annual growth rate of 25 percent through 2029. This has seen the total Canadian payments market record increases of four percent in volume and seven percent in value year-over-year.