Contribution: Industrial Research Assistance Program – Contributions to Firms
ASAPP Financial Technology Inc.
$299,085.00
Bank.io OXP US product design, globalization of requirements, and development
FY 2024-25 · 2024-06-03
Summary
ASAPP Financial Technology Inc. will enter the United States customer experience software market in 2024 with the launch of the bank.io OXP software platform. Product development will include identifying and creating the appropriate code base and version based on analysis and design of global requirements that meet US regulations and product-market fit. The bank.io OXP software platform will include omnichannel origination and engagement capabilities including CRM features.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Sault Ste. Marie|Sault Ste. Marie, Ontario, Canada
Recipient Type
For-profit organization
Business Number
140257817
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-06-03 | 2024-25 | $299,085.00 |
| 1 | 2024-06-03 | 2024-25 | $299,085.00 |
As published
Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 57 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 57 jours.
Agreement End Date
2025-09-30
Agreement Number
1019855
Agreement Start Date
2024-06-03
Agreement Title
Bank.io OXP US product design, globalization of requirements, and development
Agreement Title (French)
Conception du produit Bank.io OXP US, mondialisation des exigences et développement
Agreement Type
Contribution
Agreement Value
$299,085.00
Amendment Date
2025-07-09
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
ASAPP Financial Technology Inc. will enter the United States customer experience software market in 2024 with the launch of the bank.io OXP software platform. Product development will include identifying and creating the appropriate code base and version based on analysis and design of global requirements that meet US regulations and product-market fit. The bank.io OXP software platform will include omnichannel origination and engagement capabilities including CRM features.
Description (French)
ASAPP Financial Technology Inc. entrera sur le marché américain des logiciels d'expérience client en 2024 avec le lancement de la plateforme logicielle bank.io OXP. Le développement du produit comprendra l'identification et la création de la base de code et de la version appropriées sur la base de l'analyse et de la conception des exigences mondiales qui répondent à la réglementation américaine et à l'adéquation produit-marché. La plateforme logicielle bank.io OXP inclura des capacités de création et d'engagement omnicanaux, y compris des fonctionnalités de gestion des relations avec la clientèle.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Sault Ste. Marie
Federal Riding (French)
Sault Ste. Marie
Federal Riding Number
35092
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
140257817
Recipient City
Sault Ste. Marie|Sault Ste. Marie
Recipient Country
CA
Recipient Legal Name
ASAPP Financial Technology Inc.
Recipient Operating Name
ASAPP
Recipient Postal Code
P6A 2A8
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2024-2025-Q1-1019855
