Canada’s Top Growing Companies 2025: Gearlay Technologies Inc.
Years on Ranking (inc. 2025)
When Abbas Abou Daya founded Gearlay, he intended to create lasting impact by empowering others through code. He created a novel method for developing Bots as a Service (Baas), but to attract users, he had to first eat his own pudding by demonstrating what his software could achieve. This choice launched him on a trajectory that saw his bot rapidly become the most popular application on messaging platform Telegram. Without realizing it, he and his collaborators established an entirely new software category in the decentralized financial (DeFi) space: Telegram trading bots.
That beginning shaped the company’s path. Unlike other startups focused on raising capital, Gearlay concentrated on building and scaling. As trading volume and income grew, venture investors took notice, but Abou Daya chose to keep the company independent. Gearlay became profitable on its own, processing billions in transactions and growing faster than almost anyone expected. Today, Gearlay ranks among the fastest-growing technology companies in Canada.
Gearlay’s work spans critical areas of financial infrastructure, including the optimization of high-volume transaction systems, financial ledger technology, real-world asset tokenization and blockchain exchange development.
Competitors quickly caught on. Consequently, the blockchain infrastructure and bot trading arena are undergoing rapid changes, possibly even faster than the current state of AI agents and LLMs. This acceleration, combined with the confluence of modern and traditional finance, has set the stage for Gearlay’s next phase of growth. Now, with top-tier software engineers and years of DeFi expertise, Abou Daya is laser-focused on making it possible for any organization to transform its value-transfer processes with the use of an API, whether it involves cryptocurrency, fiat, stablecoin or another digital asset. By enabling over $100-billion in transactions within the DeFi ecosystem, Gearlay possesses the necessary credibility to make this vision a reality.
Driving this progress is a team that thrives on challenges most would avoid. Gearlay maintains a remote-first operating model to attract the best engineering talent. Equipped with AI tools and supported with competitive pay, they have the freedom to focus solely on solving the most complex problems in finance. In the next few years, headcount is expected to grow by more than 100 per cent annually, making talent acquisition one of the company’s main priorities. Gearlay is headquartered in Vancouver, and plans are already underway to construct a research and development centre in the city.
It’s not easy to manage success and market influence. Gearlay’s formula for future growth is to provide businesses and individuals with secure, efficient and scalable financial technology to help them grow. Gearlay’s goal is to change everyone’s experience with blockchain by following the motto “Supercharging blockchain; one gear at a time.”
Advertising feature provided by Gearlay Technologies Inc. The Globe and Mail’s editorial department was not involved.
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