MyCreds
- Company typePrivate
- Founded2020
- HeadquartersCalgary, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What MyCreds does
MyCreds is Canada's national, bilingual (English/French) digital credential wallet and trusted document exchange network for the post-secondary education sector, owned and governed by the Association of Registrars of the Universities and Colleges of Canada (ARUCC), a federally incorporated non-profit. Launched in December 2020 and headquartered in Calgary, Alberta, the platform enables post-secondary institutions to issue tamper-evident, cryptographically signed transcripts, diplomas, credentials, badges, and micro-credentials; learners (1.7 million activated accounts as of December 2025) to access and share these documents 24/7 via a password-protected web wallet and mobile app; and third-party receivers (employers, government agencies, application centres, credential evaluation firms) to verify credentials without follow-up authentication. Underlying platform infrastructure is powered by Digitary (acquired by Instructure/Parchment), with MyCreds-developed APIs, an Enhanced Issuance Pathway, and PESC-compliant credential templates layered on top.
The business operates as a non-profit, membership-based network. Revenue is generated through institutional membership fees from post-secondary institutions and government organizations joining the network, plus document-sharing services for learners. The go-to-market combines an enterprise field sales motion (institutional onboarding via ARUCC relationships and provincial government coordination) with a product-led learner-first motion (self-serve activation, share flows, and the MYRA AI-powered support chatbot). Notable platform modules include the Mobile Trades Credential Solution (MDOC/MDL, partnered with MATTR) for cross-provincial skilled trades verification, MyCreds Verify graduation verification, a Member Trust Registry, and Provincial Attestation Letters for international student program compliance.
The network has achieved 174 institutional members covering 73% of Canada's publicly funded colleges, universities, and institutes, with 4 million documents issued and 87,000 digital badges issued since launch. Two provinces (Nova Scotia, New Brunswick) have achieved 100% adoption. Strategic partnerships with Ellucian (SIS integration), Credivera (employer-side receiver), MATTR (mobile credentials and trust registry), BorderPass (international mobility), and an emerging ORCID integration for researchers position the platform as Canada's de facto national credential infrastructure rather than a commercial product competing on price.
MyCreds firmographics
Firmographics- Name
- MyCreds
- Legal name
- Association of Registrars of the Universities and Colleges of Canada (ARUCC)
- Website
- https://mycreds.ca
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
MyCreds industry classification
Industry- Product category
- Digital Credential Platform
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- Credentialing, Digital Badges & Micro-Credential Platforms (EDAFADAF)
- akta.pro secondary industry
- International / Multi-Currency Wallets (FSAMAEAL)
Keywords
Where MyCreds is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
MyCreds business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Institutional Membership Fees: Post-secondary institutions, governments, and organizations join the MyCreds Network as members to access the digital credential infrastructure. The network provides secure document exchange capabilities, and member institutions pay for participation in the national network.
- Document Sharing Services: Learners can share documents an unlimited number of times within a 365-day period after creating an account. The platform enables secure sharing between institutions, employers, government, and other third parties.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
MyCreds product offering
Product offeringCore offering
MyCreds is Canada's official national, bilingual digital credential wallet and trusted document exchange network, enabling post-secondary institutions to issue and learners to access and share tamper-evident, cryptographically signed academic documents (transcripts, diplomas, badges, micro-credentials) anytime, anywhere. The platform connects issuing institutions, credential holders (learners and graduates), and receiving organizations (employers, governments, and other institutions) through a secure, governance-approved exchange.
Product overview
MyCreds is Canada’s National Digital Credential Network, operated by the Association of Registrars of the Universities and Colleges of Canada (ARUCC). The platform functions as a unified ecosystem providing a secure digital wallet for academic and professional credentials, complemented by supporting modules. At its core is the MyCreds Digital Credential Wallet, a bilingual (English/French) platform enabling 24/7 secure access and sharing of transcripts, credentials, badges, and micro-credentials. The ecosystem includes MYRA Virtual Assistant for real-time support, the Mobile Trades Credential Solution leveraging MDOC/MDL technology for skilled trades mobility, and the Micro-Credential Platform for formal skills recognition. Supporting infrastructure includes the Enhanced Issuance Pathway for institutions, MyCreds Verify for graduation verification, the Member Trust Registry for credential issuer verification, and Provincial Attestation Letters for government document exchange. The platform integrates with Student Information Systems (via Ellucian partnership), employer credential wallets (Credivera), research identity systems (ORCID exploration), and mobile credential technology (MATTR).
Differentiator
Problem solved
Functional benefit
Products and services
- MyCreds Digital Credential Wallet Canada's official digital wallet for academic and professional credentials, providing 24/7 secure access for learners to view and share verified transcripts, diplomas, credentials, badges, micro-credentials, and other academic documents anytime, anywhere. Documents are tamper-evident and cryptographically signed, requiring no further verification by receivers.
- MYRA Virtual Assistant AI-powered chatbot providing instant, 24/7 real-time support for credential holders through a conversational interface. Assists with navigating the platform, answering FAQs, and submitting support tickets.
- Mobile Trades Credential Solution Mobile digital credential solution for skilled trades workforce, leveraging MDOC/MDL technology for secure mobile access to verified trade credentials, real-time onsite verification by inspectors, employers, and regulators, and cross-provincial recognition through a trusted issuer and verifier network.
- Micro-Credential Platform Infrastructure supporting issuance and sharing of micro-credentials recognizing professional expertise, supervisory excellence, and specialized training outcomes. Enables formal recognition of competencies across the graduate education ecosystem.
- Enhanced Issuance Pathway Pathway enabling member institutions to expand credential issuance beyond PDF-based documents to secure, portable data formats enabling faster verification, interoperability, and collaboration. Credentials are viewable and shareable as verified data rather than static documents.
- Member Trust Registry Trust Registry of institutions and organizations across Canada that are part of the MyCreds Network. Enables verification of credential issuers and supports trusted digital credential exchange.
Quantifiable outcome
- 4 million documents securely issued through the platform
- +5 more outcomes
Companies that use MyCreds
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles4 records
MyCreds technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability2 records
Feature7 records
MyCreds partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- ElluciancoreMyCreds signed its first partnership agreement with a Student Information System (SIS) provider with Ellucian, the leading higher education technology solutions provider. The agreement formalizes the integration model co-developed by Canadian postsecondary institutions through MyCreds technical working groups and establishes a scalable foundation for secure, interoperable digital credential exchange nationwide.
- York University (Faculty of Graduate Studies)coreYork University's Faculty of Graduate Studies launched a micro-credential pilot with MyCreds to formally recognize professional expertise across three areas: operational expertise of Graduate Program Assistants, supervisory skill development among faculty members, and completion of graduate student mental health training. This is the first initiative in Canada to issue formal micro-credentials for graduate admissions and program administration expertise.
- CrediveracoreCredivera was governance-approved as an integrated receiver within the MyCreds Ecosystem. This expands the receiver model to include Credivera's employer credential wallet platform, allowing employers to receive digitally verified, tamper-evident credentials directly from qualification holders through the standard MyCreds share flow.
- CampusNB (Campus New Brunswick)coreCampusNB and MyCreds partnered to expand the digital credential platform across New Brunswick, supported by provincial funding from the New Brunswick Department of Post-Secondary Education, Training and Labour. St. Thomas University leads as the first live implementation, making New Brunswick the second province with 100% adoption of the MyCreds bilingual National Network.
- MATTRcoreMyCreds partnered with MATTR to launch a mobile digital credential solution for skilled trades workforce. Built on MDOC/MDL technology, the solution enables secure mobile access to verified trade credentials, real-time onsite verification by inspectors, employers, and regulators, and cross-provincial recognition through a trusted issuer and verifier network.
- ApplyAlbertaminorApplyAlberta was welcomed as a receiver on the MyCreds National Digital Credential Network, enabling students to share credentials directly with the Alberta college application service.
- Digitary (now Instructure)coreDigitary (now Instructure) provides the underlying platform engine powering MyCreds. Digitary was launched in Dublin, Ireland in 2005, and has grown to become a leading online platform for certifying, sharing, and verifying academic credentials, enabling millions of learners to share their verified academic achievements online across 135+ countries.
- ARUCC (Association of Registrars of the Universities and Colleges of Canada)coreMyCreds is owned and governed by ARUCC, a not-for-profit, federally incorporated association led by Canadian post-secondary institutions through their registrarial areas. ARUCC provides leadership in the post-secondary education field and fosters advancement of registrarial practices and learner-focused service delivery in Canada.
- Nova Scotia Department of Advanced EducationcoreThe Nova Scotia Department of Advanced Education provided leadership and funding for province-wide MyCreds adoption, working with CONSUP and EduNova to enable all 11 post-secondary institutions in Nova Scotia to join the network.
- EduNovacoreEduNova, a co-operative non-profit industry association of education and training providers in Nova Scotia, collaborated to support the province-wide MyCreds rollout and student mobility across the province.
- CONSUP (Council of Nova Scotia University Presidents)coreCONSUP provided leadership and funding for Nova Scotia's province-wide adoption of MyCreds, working with the Department of Advanced Education and EduNova to enable all post-secondary institutions to participate.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
MyCreds competitors and assessment
Company assessmentDirect peers
- Parchment (Instructure): Direct competitor in digital academic credential exchange, and the parent of Digitary — MyCreds' underlying technology provider. Operates credential exchange networks used by North American higher education institutions, making it the closest functional peer even though it competes at the same time it supplies the technology.
- Accredible: Digital credentials platform issuing certificates, badges, and blockchain-anchored credentials to learners and employees worldwide. Highly comparable product offering, especially for issuing institutions seeking digital diploma and certificate infrastructure.
- Sertifier: Digital credentialing platform enabling institutions and organizations to issue, manage, and verify digital certificates and badges. Overlaps with MyCreds on credential issuance, verification, and learner wallet functionality.
- Credly (Pearson): Digital credentialing platform owned by Pearson, focused on digital badges, certificates, and verifiable credentials for workforce and education. Directly comparable to MyCreds on digital badges issuance (87K+ for MyCreds) and the broader digital credential wallet use case.
- Hyland Credentials: Provider of digital credentialing and blockchain-based verifiable credentials for higher education and workforce (formerly Learning Machine). Directly comparable on verifiable, learner-controlled credential wallets and issuer integrations.
- National Student Clearinghouse: US-based non-profit that provides student record verification and transcript exchange services across thousands of institutions. Functions as the US institutional equivalent of MyCreds' core transcript and credential verification service.
Others
- MATTR: Verifiable credentials infrastructure provider partnered with MyCreds on the Member Trust Registry and mobile trades credential solution. Not a direct competitor but an enabling technology peer in the verifiable credentials ecosystem.
Emerging players
- Concentric Sky (Badgr): Provider of Badgr, an open badge and digital credential platform serving higher education and workforce. Comparable in digital badge issuance and learner-facing credential wallet functionality, though with narrower geographic penetration.
- Credivera: Employer-side digital credential wallet that became a governance-approved integrated receiver within the MyCreds ecosystem in April 2026. Comparable as a complementary credential wallet serving the employer/employee side of the same exchange flow.
Regional players
- European Credit Transfer and Accumulation System (ECTS) / Diploma Supplement: European standards-based credential recognition framework administered at the EU level. Functionally comparable as a portable, standardized academic credential recognition system, though operating in a different geography and as a public-sector framework rather than a private platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MyCreds social profiles
Digital presenceMyCreds financial estimates
Financial estimateRevenue estimate
Valuation estimate
MyCreds leadership team
Management profileNumber of profiles
Profiles2 records
MyCreds funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MyCreds 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 MyCreds
What does MyCreds do?
MyCreds is Canada's official national, bilingual digital credential wallet and trusted document exchange network, enabling post-secondary institutions to issue and learners to access and share tamper-evident, cryptographically signed academic documents (transcripts, diplomas, badges, micro-credentials) anytime, anywhere. The platform connects issuing institutions, credential holders (learners and graduates), and receiving organizations (employers, governments, and other institutions) through a secure, governance-approved exchange.
Is MyCreds a public or private company?
MyCreds is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was MyCreds founded?
MyCreds was founded in 2020. It employs 1 to 10 people.
Where is MyCreds based?
MyCreds is headquartered in Calgary, Canada, in the North America region.
How does MyCreds make money?
Two revenue lines are on record. Institutional Membership Fees are the primary driver. The others are document Sharing Services.
Who are MyCreds's main competitors?
Direct peers on record are Parchment (Instructure), Accredible, Sertifier, Credly (Pearson), Hyland Credentials and National Student Clearinghouse. MATTR is listed as an others. Emerging players are Concentric Sky (Badgr) and Credivera. European Credit Transfer and Accumulation System (ECTS) / Diploma Supplement is listed as a regional player.
Does MyCreds have an API?
Yes. MyCreds supports multiple issuance pathways including web-based systems and APIs. From 2021 to 2024, MyCreds member institutions collaborated through SIS-focused technical working groups to co-develop reusable API specifications supporting standardized issuing, receiving, and status workflows through a shared '80/20' model. The agreement with Ellucian formalizes the integration model co-developed by Canadian postsecondary institutions through MyCreds technical working groups, establishing a scalable foundation for secure, interoperable digital credential exchange nationwide.
What industry is MyCreds in?
MyCreds's product category is Digital Credential Platform. Its primary akta.pro industry code is EDAFADAF, Credentialing, Digital Badges & Micro-Credential Platforms, with a secondary code of FSAMAEAL, International / Multi-Currency Wallets. Its SIC code is 8200.