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Victor Tay

Co-founder & CEO, Minerva

RegtechToronto

Victor Tay co-founded Minerva, the Toronto regtech whose platform screens client risk for anti-money-laundering teams, and is listed as CEO on its about page. Before that he spent over 15 years in AML — Chief AML Officer and VP Risk Services at Wells Fargo Canada, and head of AML solution and strategy at CIBC. His background is electrical engineering.

Victor hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Victor co-founded Minerva, which appears in 2 talks in the archive.

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Quick answers

Is this the Victor Tay behind Minerva, the AML company?

Yes. Minerva's about page at gominerva.com, checked 2026-09-20, lists 'Victor Tay — Co-Founder & CEO'. The TWELVE fellowship's profile of him, checked the same day, independently says 'Victor decided to start his own firm and has co-founded Minerva AI', the Toronto company that gominerva.com gives an address at 180 Dundas St W.

What is his role at Minerva today?

CEO. Minerva's about page, checked 2026-09-20, says of him: 'Now as CEO, he builds systems at scale across operations, data, and product strategy.'

What did he do before Minerva?

AML and financial crime roles inside Canadian banks. Minerva's about page, checked 2026-09-20, calls him 'former Chief AML Officer and VP Risk Services at Wells Fargo Canada, and prior head of AML Solution and Strategy at CIBC'. The TWELVE profile, checked the same day, dates the start of that career to an AML systems analyst job at RBC in 2007.

Wasn't Jennifer Arnold Minerva's CEO?

She was, and she remains a co-founder. Minerva's about page, checked 2026-09-20, lists Arnold as 'Co-Founder' and Tay as 'Co-Founder & CEO'. Tay's earlier title was COO — that is how Finovate billed him at FinovateFall 2022 — and some third-party profiles still show it.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 20, 2026