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CCI Welcomes Telpay to our National Network of Innovators
October 10, 2025
The Council of Canadian Innovators is proud to welcome Telpay and President Mark Loewen to Canada’s growing network of high-growth technology companies.
Headquartered in Winnipeg, Manitoba, Telpay is the largest independent processor of electronic funds transfers (EFTs) in Canada, processing more than $17.7 billion annually. Since 1985, the company has enabled Canadians to make secure, reliable, and convenient electronic bill payments and payroll direct deposits.
Telpay’s roots trace back to ComCheq Services Ltd., founded in 1968 as Canada’s first outsourced payroll service. From those origins, Telpay revolutionized the payments industry by developing the first system that allowed Canadians to pay bills over the telephone. By the 1990s, Telpay had introduced online bill payment systems to Canadian financial institutions—technology that continues to power payments across the country today.
Since joining Telpay in 2021, President Mark Loewen has played a central role in modernizing the company’s product offering—leading the shift from a legacy desktop system to a fully online payment platform that re-established Telpay as a serious player in the Canadian fintech space. Known for combining innovative thinking with practical execution, Mark ensures that big ideas are brought to life with precision and purpose. Beyond technology, he is a community-minded leader who believes that lasting change happens through service—both in business and beyond.
“Telpay has been at the heart of Canada’s payments evolution for decades,” said CCI President Benjamin Bergen. “Under Mark Loewen’s leadership, the company is once again demonstrating how Canadian innovation can shape the future of fintech—secure, trusted, and built here at home.”
Since 2015, the Council of Canadian Innovators has been dedicated to supporting Canada’s high-growth technology companies, working with government leaders to co-develop strategies that unlock the country’s innovation potential.
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