Scotiabank FactoryU

Scotiabank FactoryU is a new research and experiment centre located in the heart of Waterloo’s fast-growing tech ecosystem.


Students are at the helm of ideation. Teams work together to use a design-first approach which aims to gather significant insights around a customer problem.


Focusing on research and rapidly ideating on the future of banking, Scotiabank FactoryU works directly with the local tech community and students from the University of Waterloo and surrounding areas.


Scotiabank FactoryU has partnered with the Games Institute at the University of Waterloo to explore the future of gamification and the impact it will have on customers and the future of banking.