realestate

FCT Takes Control of Fintracker to Enhance Identity Verification in Canadian Real Estate

FCT Announces Majority Investment in Fintracker Inc., a Leading Identity Verification and Compliance Solution Provider.

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CT, Canada's leading provider of title insurance and real estate technology, has made a majority investment in Fintracker Inc., a top identity verification provider for Canadian real estate transactions. This strategic partnership will enhance efficiency, security, and compliance in the market.

    "This investment underscores FCT's commitment to driving innovation in the real estate industry," said Michael LeBlanc, CEO of FCT. "By integrating Fintracker's advanced identity verification technology with our trusted services, we'll create a more secure and seamless experience for all stakeholders."

    FCT aims to create a connected identity ecosystem that streamlines the home-buying process while ensuring data security and compliance. Fintracker's solutions digitize identity verification, auto-complete pre-deal forms related to Know Your Client (KYC) and Anti-Money Laundering (AML) regulations, and simplify compliance.

    Fintracker's founders, Simon Fiore and Matt Amihude, will continue to lead the company's growth and expansion. "Partnering with FCT enables us to scale our mission of simplifying compliance for agents and brokerages across Canada," said Simon Fiore. "Together, we're fostering greater trust, transparency, and efficiency in real estate transactions."

    Fintracker is already a trusted partner among major real estate boards and brokerages, and this partnership will solidify its position as the go-to solution for KYC and AML compliance in the Canadian market.

    About FCT

    FCT has over 1,200 employees across Canada and provides industry-leading title insurance, default solutions, and other real estate-related products and services to thousands of professionals nationwide. Great Place to Work has named FCT one of Canada's Best Workplaces for 10 consecutive years.

    About Fintracker:

    Fintracker is a leading provider of digital identity verification and compliance technology for the Canadian real estate market. Its advanced workflows support seamless compliance with KYC and AML regulations, delivering value to brokerages, agents, and consumers alike.

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