Your Source for Canadian Fintech News
Today the Holt Fintech Accelerator announced the launch of its 2019 cohort, the second in its history.
Building on the success of the class of 2018, Canada’s only business accelerator devoted exclusively to Fintech welcomes 8 new companies from 5 different countries. Continue reading “Holt Fintech Accelerator Launches 2019 Cohort”
The UK’s Department for International Trade (DIT), British Airways, Scottish Development International (SDI), and Bank of Montreal (BMO) are hosting a Fintech Mission to the UK for Canadian Fintechs from October 19th to 26th. Continue reading “Apply Now to Participate in Fintech Mission to the UK”
Toronto’s Sensibill has raised US $31.5 million in a Series B funding round led by AI-focused venture fund Radical Ventures.
Also participating in the round was Information Venture Partners, First Ascent Ventures, and National Bank of Canada.
Founded in 2013, the AI-powered digital receipt startup targets freelancers and small business owners and has now raised total financing of $46.5 million.
Sensibill works with banks such as TD and Scotiabank to incorporate its digital receipt technology into their apps, enabling personal and business customers to manage line item receipts from their phones.
The platform uses machine learning to structure receipt data and give both banks and their customers rich insights such as product information, return policy tracking and categorization.
Toronto’s Buckzy Payments have announced an enhancement to its real-time cross border network by including real-time cross border bill pay through a single connection, solving a longstanding challenge to international bill payments. Continue reading “Buckzy Payments Adds Real-Time Cross Border Bill Payments”
The Canadian Innovation Exchange (CIX) announced today that Lightspeed has been named CIX’s 2019 Innovator of the Year. Continue reading “Lightspeed Named CIX 2019 Innovator of the Year”
Sensibill announced today that it will partner with NCR Corporation to allow bank customers to store, organize and manage their receipts. Continue reading “Sensibill Partners With NCR To Simplify Receipts”
H&R Block announced today that they have entered into an agreement to acquire Toronto-based accounting software firm Wave. Continue reading “Wave Acquired by H&R Block for $537 Million”
Montreal-headquatered Lightspeed has released its financial results for Q4 and the full fiscal year, ending March 31st. Continue reading “Lightspeed Reports 36% Revenue Growth in First Report Since IPO”
Toronto’s Borrowell has made its free credit monitoring app widely available on iOS and Android. Continue reading “Borrowell Launches AI Credit Monitoring App To All”
Purpose Financial has acquired CreditGenie.
Toronto’s CreditGenie was founded in 2016 by entrepreneurs Alex Kaplunov and Daniel Shain and aims to disrupt the point-of-sale financing experience for merchants and consumers. Continue reading “Purpose Financial Acquires CreditGenie”