New Brunswick Small Business Spotlight: Dream Payments
Dream Payments, a financial technology (fintech) company headquartered in Toronto, was looking for a Canadian home for its offshore development centre. Opportunities NB (ONB) and its partners came to the table with creative solutions to demonstrate the New Brunswick value proposition.
It was critical that Dream Payments’ new location be cost competitive, offer access to great talent, and be able to embrace newcomers. By working with Post-Secondary Education, Training and Labour (PETL), the City of Moncton, the Multicultural Association of the Greater Moncton Area (MAGMA), and educational institutions in the Moncton area, ONB showed Dream Payments’ leadership that New Brunswick was the ideal choice.
The result is that Dream Payments decided to move its development centre from Russia and Vietnam to Atlantic Canada. The company’s senior developers are immigrating to Canada with their families, and Dream Payments is looking to hire additional New Brunswick talent to fill key roles.
ONB’s Workforce Strategy team and our partners prepared an Employment Settlement plan designed to ensure Dream Payments’ employees were embraced and welcomed to their new home.
“Without the ONB team, we would not be here in New Brunswick,” says Brent Ho-Young, CEO, Dream Payments
The Dream Payments story touches New Brunswick in so many positive ways. It puts New Brunswick on the world stage in the financial technology sector, it helps grow our population, and it will ultimately create new skilled jobs for New Brunswickers.
“Bringing Dream Payments to Moncton has really hit the priorities identified in our Action Plan such as job creation, population growth, and downtown revitalization. The partnership with ONB has allowed us to assist the client in a number of areas, from immigration streams to settlement to workforce development and site selection. We are looking forward to ongoing collaboration with ONB to attract more investment to our region moving forward,” says Dawn Arnold, Mayor of the city of Moncton.