The Role of FinTech in SME Success with David Souaid

In this compelling episode of the CanadianSME Small Business Podcast, we had the privilege of speaking with David Souaid, Chief Revenue Officer and board member at OnDeck Canada. With an illustrious career in the FinTech industry, David’s journey from co-founding Evolocity Financial Group to leading OnDeck Canada is a story of innovation, resilience, and unwavering commitment to empowering small businesses.

Key Highlights:

  • David shares his initial draw to the FinTech space and his passion for supporting SMEs, alongside crucial lessons for aspiring leaders.
  • Strategies that helped overcome the hurdles of recent economic downturns and their influence on OnDeck Canada’s small business support approach.
  • The role of technology in streamlining the lending process, distinguishing OnDeck Canada from traditional lenders, and David’s excitement about FinTech’s emerging trends.
  • Predictions for the small business lending landscape over the next decade and the significance of embedded finance in shaping this future.
  • David’s number one business tip for entrepreneurs, reflecting the guiding principles of his success with OnDeck Canada.

Listen On

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A heartfelt thank you to David Souaid for sharing his invaluable insights and experiences with us. This episode not only highlighted the significant role of FinTech in supporting small businesses but also provided a roadmap for entrepreneurs navigating the complexities of modern lending.

We extend our appreciation to our partners, including Exclusive Banking partner RBC, Exclusive shipping partner UPS, exclusive accounting software partner Xero, and exclusive E-mail partner Constant Contact, for their continued support of the CanadianSME Small Business Podcast.

Stay informed, stay inspired, and continue to explore the potential of FinTech in your entrepreneurial journey by subscribing to CanadianSME Small Business Magazine at