Deloitte Canada acquires fintech firm Allevar, enhancing regulatory compliance and technology solutions.

Deloitte Canada has acquired Allevar, a Toronto-based firm specializing in financial services technology and data enablement. Allevar’s expertise includes fraud management, anti-money laundering, payment systems, and KYC regulations, crucial for Canadian banks and the Financial Services industry.

The acquisition of Allevar by Deloitte Canada enhances regulatory compliance and technology solutions for industries like financial services. Allevar’s expertise in AML, Fraud, Payments, and KYC will provide added value to clients in maintaining regulatory compliance and operational efficiency.

Allevar’s team and executives will join Deloitte’s Regulatory & Risk practice, bringing their leadership to enhance capabilities. The integration positions Deloitte as a leader in financial services technology and compliance, offering solutions for financial crime, AML, and compliance challenges.

Deloitte’s acquisition of Allevar is a strategic move to strengthen its position in the financial services technology and compliance landscape. The integration into Deloitte’s SR&T business is expected to enhance solutions for financial crime, AML, and compliance issues, providing added value to clients.

In June 2025, Deloitte announced the promotion of seven executives to partner status in its Scotland offices. “Deloitte Canada acquires Toronto fintech firm Allevar” was reported by International Accounting Bulletin, a GlobalData owned brand.

Read more at Yahoo Finance: Deloitte Canada acquires Toronto fintech firm Allevar