Canada Spends Logo

Explore our Budget 2026 analysis

Contribution: Industrial Research Assistance Program – Contributions to Firms

Paytic Inc.

$316,641.00

PayTic Connect 2.0: Intelligent Payment Program Management

FY 2023-24 · 2023-07-01

Summary
Data Ingestion, Event Monitoring, AI and Integration work required to modernize the legacy back-office processes in Banks, Credit Unions and FinTechs.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Charlottetown|Charlottetown, Prince Edward Island, Canada
Recipient Type
For-profit organization
Business Number
718587736
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.

AmendmentDateFiscal YearTotal
02023-07-012023-24$316,641.00
12023-07-012023-24$316,641.00
22023-07-012023-24$316,641.00
32023-07-012023-24$316,641.00

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 98 days.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 98 jours.
Agreement End Date
2025-03-21
Agreement Number
1008638
Agreement Start Date
2023-07-01
Agreement Title
PayTic Connect 2.0: Intelligent Payment Program Management
Agreement Title (French)
PayTic Connect 2.0 : Gestion intelligente des programmes de paiement
Agreement Type
Contribution
Agreement Value
$316,641.00
Amendment Date
2024-12-03
Amendment Number
3
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
Data Ingestion, Event Monitoring, AI and Integration work required to modernize the legacy back-office processes in Banks, Credit Unions and FinTechs.
Description (French)
Ingestion de données, surveillance des évènements, IA et travail d’intégration requis pour moderniser les processus administratifs hérités dans les banques, les coopératives de crédit et les entreprises de technologie financière.
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
Charlottetown
Federal Riding (French)
Charlottetown
Federal Riding Number
11002
NAICS Code
522210
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
718587736
Recipient City
Charlottetown|Charlottetown
Recipient Country
CA
Recipient Legal Name
Paytic Inc.
Recipient Operating Name
PayTic Inc.
Recipient Postal Code
C1A 5T7
Recipient Province or Territory
PE
Recipient Type
F
Reference Number
172-2023-2024-Q2-1008638