Montreal-based Thinking Capital Financial Corp., a Canadian online alternative lender for small and medium-sized businesses, announced on Thursday that it has joined MaRS Discovery District’s fintech cluster.

Thinking Capital uses its online financing platform to provide speedy loan approvals to businesses in various industries. In working with MaRS, a Toronto-based non-profit center for entrepreneurs, the company will have further opportunities to connect with the financial services sector. It will also have the chance to collaborate with other financial technology (known as “fintech”) companies that develop new technology for emerging payments, financial services, peer-to-peer transactions, crypto-currencies and alternative lending.

“With fintech truly exploding in Canada and around the globe, it is important for us as innovators and leaders in alternative lending to join the MaRS fintech cluster,” says Peter Mazoff, president and co-founder of Thinking Capital, in a statement. “Thinking Capital was founded in 2006 and with almost a decade of experience we will have the opportunity to share our expertise with high-growth potential startups as well as collaborate alongside other pioneering financial technology professionals.”

The addition of Thinking Capital into MaRS’ group of startups demonstrates the pedigree of companies in Canada’s fintech industry, says Adam Nanjee, head of fintech innovations and ventures at MaRS.

“MaRS fintech continues to bring together the highest potential fintech startups and connect them with financial institutions and the venture capital community globally,” Nanji adds.