August 2, 2025 Trending New York News

Fintech Professional Jay Modi on Founding One of Canada’s Fastest Growing Fintech Companies, Approval Nation Inc.

Alongside the booming fintech industry on a global scale in these past couple of years, Canada has fared particularly well in fintech because of support from powerful ecosystem partnerships and urbane investors.

Among the genius minds in fintech is Jay Modi, who, like all successful entrepreneurs, has a clear vision in business. He knows exactly where he wants the company to go and is relentlessly pursuing his goals until he sees them to fruition.

Jay has garnered over twenty years of professional business and entrepreneurial experience. Born in London, United Kingdom, he moved to Canada in 1997 and attended Western Canada High School in Calgary. With a passion for the business world, Jay created an organic pasta company while pursuing his post-secondary education. Subsequently, he launched a real estate company which became very successful.

Believing he had the necessary business experience to move forward in his career, Jay left the University of Calgary to explore other professional opportunities. While he has served in various sectors such as food manufacturing, real estate, and film production, his most recent endeavors have focused primarily on fintech and technology.

Jay’s company, Approval Nation Inc., is among Canada’s fastest-growing fintech companies that provide financial resources for everyday customers looking for loans. So what is his advice, having founded one of the country’s most successful businesses?

“Knowing which opportunities to say yes to, and which to say no to, and also, when to micromanage and when to delegate,” says Jay.

Acknowledging the hard work behind the curtain, Jay explains how sales and revenue growth at a company can increase exponentially. A firm believer in teamwork, he advises that if one wishes to be successful, one must learn to manage and handle the inevitable challenging scenarios in business calmly and with focus.

“Knowing the difference and finding that balance is key. Also, as a business owner and entrepreneur, sometimes you will have to deal with the small things; this is normal, and you must treat your business like your child. There is nothing too small you cannot do to help it grow and flourish,” Jay states.

Today, companies Jay has founded have been named in the Top Growing Companies in Canada List by the Globe & Mail and Report on Business Magazine for 2020, 2021, and 2022. The respected newspaper also named Jay’s companies in the Top 50 Fastest Growing Firms. Most recently, Jay’s labor of love also made it Canada’s 4th Fastest Growing Startup in 2020 by McLeans Magazine.

Jay proves time and time again why he is considered a Fintech trailblazer and that he isn’t slowing down anytime soon. If you aspire to be a successful entrepreneur, you must build a clear vision for your business and be passionate about achieving it, just like Jay Modi.

Banner
Related Posts

Successful Audiologist and Inclusivity Advocate, Dr. Jocelyn Tubbs on the Overlooked Connection between Black Lives and Hearing Loss

June 30, 2023

June 30, 2023

As we strive toward a more equitable and unbiased society, it is crucial to take a closer look at how...

Yoga Teacher and Trainer Adriana Lee Shares Her Habits of Success

November 30, 2022

November 30, 2022

Success takes a lot of hard work and patience. It is always a blend of ambition, dedication, and a hustle...

Here’s How Dr. Cameron Chesnut Mastered the Art of Cosmetic Surgery and Is Now Expanding His Field in Other Areas

January 26, 2023

January 26, 2023

From good to better to best, the evolution of innovators and leaders is a never-ending one. The willingness to learn,...

John D Hickman’s Journey From Leaving Corporate Success to Hollywood Stardom and NFL Ambitions

March 11, 2023

March 11, 2023

John D Hickman is a rising star in Hollywood who has made a big difference in his personal and professional...

Meticulous Work Ethics and Accessibility Set Robby J. Delwarte, a Recognised Real Estate Agent, Apart from His Competitors

June 26, 2022

June 26, 2022

Carving a niche for yourself and making a name in a highly competitive and saturated market is never easy. There...

Starting a Business with Zero Investment: Creative Paths to Entrepreneurship

March 17, 2024

March 17, 2024

Are you eager to embark on an entrepreneurial journey but lack the initial capital? Fear not! With resourcefulness and determination,...

Julie and Zach Ruhl Share How They Met and Built their Multimedia Content Brand – Ruhls of the Road

January 31, 2023

January 31, 2023

If one were to ask, “What are the most beautiful things in the world?” We would answer not with a...

Dr. Brenda Joseph-Juste Preserved As an Educationist after Struggling In Her Early Academic Years

March 20, 2023

March 20, 2023

Only some can testify that they are determined to work hard even when things don’t go their way. There’s one...

Preparing Bangladesh for a Better Tomorrow: Golam Rabbani and Bangaleer Pathshala

May 16, 2023

May 16, 2023

The plight of street children in Bangladesh is a heartbreaking reminder of the devastating effects of poverty and political upheaval....

Lynique Browning- The ‘Mad Diva’ Who Will Never Give You No for an Answer

June 29, 2022

June 29, 2022

“Success comes to those who believe and act as if it were impossible to fail.” A riveting quote with seemingly...

Empowering Women to Speak Up: Public Speaking Coach Khalila Lister’s Inspiring Journey to Finding Success, Inner Peace and Her Voice

January 21, 2023

January 21, 2023

Khalila Lister is a shining example of a Muslim woman taking charge of her life and speaking up for herself....

Andrea Samantha on Being a Creative and a Problem Solver

October 29, 2021

October 29, 2021

Getting the hang of challenges in your life is no easy task. It requires an unwavering conviction that everything will...

Gurdit Singh Matharu With Inspiration for Many as a Creator of Multiple Motivational Quotes Pages

November 4, 2022

November 4, 2022

Winners never quit, and quitters never win; Gurdit Singh Matharu, a successful business owner and influencer proved that one should...

The Bestselling Author Raven Magwood: An Ultimate Inspiration Who Published Her First Book At the Age of 12

April 4, 2022

April 4, 2022

Raven Magwood is an internationally famous author, motivational speaker, and filmmaker who is unstoppable. While still in her twenties, she...

Here’s How Cayleigh Couch’s Business “Withstand the Weight” Changed Her Life for the Better

October 19, 2022

October 19, 2022

In 2014, Cayleigh decided to kickstart her fitness journey as circumstances became a little unbearable for her. This journey started...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *