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Taking foreign exchange to the future

Payments Innovation

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Is the Market for Foreign Exchange Growing?

The market for foreign exchange is still so nascent and there's still so much room to grow within that. In Canada, specifically, a banking sector is a bit unique in the sense that we don't have as many banks as many other G67 type countries. Some of our faster growing client base out of Asia Pacific comes from under-banked countries where crypto can help pay friends and family abroad. The growth of fiat to on-ramp, on to crypto, right back to off-ramp has seen a really, really high growth curve. And I find myself saying if that business application is solved, it will definitely solve today.

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