RBC FinSec
Incubator
Powering the financial sector with secure tech solutions
With support from
What is the RBC FinSec Incubator?
By bridging the gap between the needs of the financial sector and emerging fintech and cybersecurity startups, the RBC FinSec Incubator helps early-stage companies transform the financial ecosystem by enhancing product security and resilience to achieve product-market fit.
The program also allows startups to demonstrate their technologies to industry experts and potential investors, establish connections within the finance sector, and understand industry procurement requirements through the program — bolstered by the robust support of RBC.
This program is designed to support:
- Fintech startups, and adjacent sectors that serve the financial industry, looking to enhance their product’s security posture, ensuring operational resiliency and strong cyber and risk practices;
- Tech-enabled startups focused on solving a complex cybersecurity problem facing the financial industry.
Over 4 months of training on Cybersecurity, Product Management, Roadmapping, Compliance, Accelerated G2M & Sales Strategies
The RBC FinSec Incubator is free — and no equity is taken from participating companies
Dedicated 1:1 mentorship opportunities and regular office hours on security enhancement, venture business growth, and financial regulatory requirements
What you can expect
Enhanced security posture, including operational resiliency and best practices for secure product development.
Understanding and adherence to the compliance and regulatory needs of the fintech sector (e.g. SOC2, ISO27001, NIST, etc.).
Accelerated product development with customized commercialization strategies.
Access to specialized mentors for perfecting pitch storytelling and raising capital effectively.
Showcase technology to RBC advisors and program partners for increased partnership and procurement opportunities.
Eligibility
This program is open to early-stage Canadian fintech startups. Eligible companies should have:
- A compelling fintech, web3, blockchain, regtech, or AI Security product requiring more robust cybersecurity and risk management practices to meet the compliance standards required within the financial services ecosystem; OR a tech-enabled product solving a compelling cybersecurity problem facing the financial services industry;
- A Minimum Viable Product (MVP) with ongoing or upcoming marketing validation/commercialization;
- The potential to become a scalable business in an expanding market;
- A dynamic, receptive, and cohesive leadership team;
- Existing or planned operations in Canada;
- Been established within the last five years.
Frequently Asked Questions
Why is cybersecurity critical for fintech startups?
Fintech companies operate within a highly regulated and risk-sensitive environment. Strong cybersecurity practices protect sensitive financial data, preserve digital trust, and reduce exposure to cyber threats.
Is the RBC FinSec Incubator program still accepting applications?
The RBC FinSec Incubator is not currently accepting applications.
Future cohorts and related cybersecurity and fintech innovation opportunities will be announced through Rogers Cybersecure Catalyst. Startups and founders are encouraged to monitor the website and subscribe to the Catalyst Connect newsletter for updates on upcoming programs.
Who should apply to the RBC FinSec Incubator?
This program is tailored to early-stage, high-potential startups. Eligible companies should have:
- A compelling fintech product requiring more robust cybersecurity and risk management practices to meet the compliance standards required within the financial services ecosystem; OR a tech-enabled product solving a compelling cybersecurity problem facing the financial services industry;
- A Minimum Viable Product (MVP) with ongoing or upcoming marketing validation/commercialization;
- The potential to become a scalable business in an expanding market;
- A dynamic, receptive, and cohesive leadership team;
- Existing or planned operations in Canada;
- Been established within the last five years.
Does the program focus only on fintech companies?
No. While fintech startups are a primary audience, the RBC FinSec Incubator also supports technology companies in adjacent sectors that serve financial institutions. This includes startups developing solutions in areas such as:
- Digital identity
- Data privacy and digital risk
- Cyber resilience technologies
- Security tools designed for financial infrastructure
What are the benefits of participating in the RBC FinSec Incubator?
Startups in the program gain:
- Direct exposure to financial sector leaders and subject matter experts
- Opportunities to demonstrate their technology to potential partners and investors
- Insights into procurement requirements within the financial ecosystem
- Strategic guidance backed by RBC’s industry expertise
These advantages help founders accelerate growth while strengthening cybersecurity and operational resilience.
What are the fees for the program?
The RBC FinSec Incubator is free for participants, thanks to generous support from RBC.
How does the application process work?
The application process for the RBC FinSec Incubator consists of an online application followed by a screening and an interview.
Following application submission, our selection committee will evaluate the applications and shortlist companies for a brief screening call.
Selected companies will be notified via email regarding their acceptance.
Ready to scale your FinSec business?
Inaugural Cohort Companies 2024-2025
