Finio Technology
Finio Technology is a Toronto-based private fintech company, founded in 2010 with 11-50 employees, that states its mission as integrating digital assets with financial technology. It has raised approximately $160 million across three rounds between 2020 and 2022.
- Company typePrivate
- Founded2010
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Finio Technology firmographics
Firmographics- Name
- Finio Technology
- Website
- https://finio.io
- Company type
- Private
- Founded year
- 2010
- Headcount range
- 11–50 employees
- Short description
- Finio Technology is a Toronto-based private fintech company, founded in 2010 with 11-50 employees, that states its mission as integrating digital assets with financial technology. It has raised approximately $160 million across three rounds between 2020 and 2022.
- Ownership category
- akta.pro rank
Finio Technology industry classification
Industry- Product category
- Digital Asset Fintech Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Tokenization, Network Vaults & Credential Management (FSAGABAF)
- akta.pro secondary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
Keywords
Where Finio Technology is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Finio Technology business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Finio Technology product offering
Product offeringCore offering
Finio Technology is committed to integrating the power of digital assets with financial technology. The firm operates at the intersection of digital asset/crypto infrastructure and traditional finance, building technology that bridges on-chain and off-chain financial systems for institutional and enterprise users. Detailed product descriptions, feature lists, and customer-facing documentation could not be retrieved because the company website (finio.io) returned a 522 connection timeout error at the time of extraction.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Asset Financial Technology Platform Finio Technology is described as integrating the power of digital assets with financial technology; specific feature-level product description and target users could not be retrieved because the company website (finio.io) was unreachable (HTTP 522 connection timeout) at extraction time.
Companies that use Finio Technology
Customer profileIdeal customer profiles1 record
Finio Technology technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Finio Technology competitors and assessment
Company assessmentDirect peers
- Anchorage Digital: Anchorage is a federally chartered digital-asset bank offering custody, settlement, and tokenization services. Its regulated-bank positioning and institutional focus closely parallel Finio's stated digital-asset-plus-fintech thesis.
- Fireblocks: Fireblocks provides digital-asset custody, tokenization, and infrastructure for institutions. It is the most direct comparable to a Toronto-based fintech building digital-asset rails for financial institutions.
- Bakkt Holdings: Bakkt provides institutional digital-asset custody, trading, and payments infrastructure. Its institutional focus and regulated positioning are comparable to Finio's stated approach.
- BitGo: BitGo is a leading institutional digital-asset custody and infrastructure provider. Its combination of qualified custody, staking, and token-management services makes it a direct peer in the digital-asset fintech infrastructure category.
- Circle: Circle issues USDC and provides treasury and payment infrastructure for digital dollars. Its convergence of fiat and digital-asset financial infrastructure is a direct analog to Finio's positioning.
- Paxos: Paxos operates regulated blockchain infrastructure for tokenization, stablecoins, and custody. Its focus on bridging regulated financial institutions with blockchain rails is directly comparable to Finio's stated mission.
Broad incumbents
- Coinbase: Coinbase is the largest publicly traded crypto exchange and offers custody, staking, and institutional services. It competes broadly with Finio across the digital-asset stack.
- Galaxy Digital: Galaxy is a diversified crypto-financial-services firm spanning trading, asset management, and infrastructure. It is comparable as a broader incumbent in the digital-asset fintech category.
Market position
Customer concentration
Finio Technology social profiles
Digital presenceFinio Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finio Technology leadership team
Management profileNumber of profiles
Finio Technology funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finio Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finio Technology
What does Finio Technology do?
Finio Technology is committed to integrating the power of digital assets with financial technology. The firm operates at the intersection of digital asset/crypto infrastructure and traditional finance, building technology that bridges on-chain and off-chain financial systems for institutional and enterprise users. Detailed product descriptions, feature lists, and customer-facing documentation could not be retrieved because the company website (finio.io) returned a 522 connection timeout error at the time of extraction.
When was Finio Technology founded?
Finio Technology was founded in 2010. It employs 11 to 50 people.
Where is Finio Technology based?
Finio Technology is headquartered in Toronto, Canada, in the North America region.
Who are Finio Technology's main competitors?
Direct peers on record are Anchorage Digital, Fireblocks, Bakkt Holdings, BitGo, Circle and Paxos. Broad incumbents are Coinbase and Galaxy Digital.
Does Finio Technology have an API?
No public API is recorded for Finio Technology.
What industry is Finio Technology in?
Finio Technology's product category is Digital Asset Fintech Infrastructure. Its primary akta.pro industry code is FSAGABAF, Tokenization, Network Vaults & Credential Management, with a secondary code of FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.