Jurisdiction · Americas

Fintech licensing in Canada

In Canada, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) issues the fintech and crypto licences. Here the Atlas covers 1 licence type, in one family: money transmitter. Each licence page has its legal basis, fees and decision period, with sources.

Last verified 2026-10-01Markdown · Data (CC BY 4.0)

Financial regulators in Canada

Canada
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
FINTRAC is Canada's financial intelligence unit and the anti-money-laundering/anti-terrorist-financing supervisor. It collects, analyses and

Fintech licences available in Canada

Money transmitter / money services business (MSB)

MSB · Canada
Money services business (MSB) registration
Money services business (MSB) registration (covers foreign exchange dealing, money transferring, virtual currency dealing, crowdfunding platforms and related services; a separate foreign-MSB registration applies to businesses without a place of business in Canada that direct services at Canadians)
FINTRAC

Main laws

Proceeds of Crime (Money Laundering) and Terrorist Financing Act: S.C. 2000, c. 17

Path to market

Start with your activities. Match them to the licence types above: the activity pages show which licence permits each one. FINTRAC runs pre-application meetings, and the regulator page explains how to use them. Applications go to FINTRAC. They carry the capital, governance and AML documentation that the licence page lists.

Getting licensed in Canada

Protegra handles licensing in Canada end to end: MSB registration in Canada.

Last verified 2026-10-01Author Danil Marmysh, Founder & CEO, ProtegraReviewed by Anastasia Sidorenkova, Head of Licensing, ProtegraReport an errorReference information, not legal advice.

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