Building and scaling a FinTech anywhere is a daunting challenge that requires overcoming technology, consumer and regulatory hurdles.
This challenge is even more difficult in developing markets where a large portion of the population lacks access to even a basic bank account that can be used to support a FinTech offering. To get around these constraints you need to adjust your product development approach and be ready to work through challenges you likely never would have predicted. [Read more…] about Breaking The Cash Logjam In Developing Markets
Toronto’s Borrowell now serves more than two million Canadians members on its platform.
The announcement comes during Financial Literacy Month in Canada, as Borrowell continues its mission to educate and empower consumers to take control of their financial health. Borrowell is Canada’s leading financial marketplace and credit education company. [Read more…] about Borrowell Now Serves Over 2 Million Canadians
Calgary-headquartered payments company Helcim has announced the latest generation of its card reader for businesses looking to accept in-person payments. [Read more…] about Helcim’s Latest Generation of Hardware Gives Small Businesses an Affordable Payment Solution
Montreal’s Simplyk has closed a $3.7 million seed funding round led by Ring Capital with additional funding from strategic investors including Real Ventures and Panache Ventures. [Read more…] about Simplyk Raises $3.7 Million Seed Round For Free Fundraising Platform For Non-profits
Toronto’s SAVVYY has raised a $5.7 million funding round from several prominent investors in the Canadian financial services industry. [Read more…] about SAVVYY Raises $5.7 Million To Modernize Canada’s Lending Industry
Float’s mission is to simplify spending for companies and teams by offering Canada’s first high-limit, no personal guarantee corporate card that can be activating to start spending in 3 business days or less. [Read more…] about Toronto’s Float Get $30 Million From Tiger Global For Corporate Cards
Digital Commerce Bank is partnering with Platform Calgary on an initiative to launch an annual $1 million Fintech Award in Calgary. [Read more…] about Platform Calgary Partners With Digital Commerce Bank To Launch $1 Million Fintech Award
Jeeves, the all-in-one expense management platform for global startups, announced today that it has officially launched its product and services in Canada.
This expansion into the Canadian market follows the company’s highly successful Series A & B funding rounds completed in 2021 totalling USD $88 million. [Read more…] about Jeeves Launches Corporate Credit Card And Startup Financing Capital In Canada
Toronto’s Zannes Law announced today that they are the first company to acquire a non-fungible token (NFT) to use as its commercial-use company logo. [Read more…] about Toronto Law Firm Marks First Acquisition of Commercial-Use NFT as Company Logo