Payments Canada has admitted five new payment service provider (PSP) members—Wise, Float, KOHO, Paramount Commerce, and Brim—marking another step in opening Canada’s core payments infrastructure to … READ MORE... about Brim, Float, Koho, Paramount, and Wise Join Payments Canada
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Cyder Secures $3M Seed Round to Fuel Growth of Credit Union Loyalty Platform
A Canadian financial technology startup targeting loyalty innovation for credit unions this week revealed a round of fundraising. … READ MORE... about Cyder Secures $3M Seed Round to Fuel Growth of Credit Union Loyalty Platform
Brim, Float, Koho, Paramount, and Wise Join Payments Canada
Payments Canada has admitted five new payment service provider (PSP) members—Wise, Float, KOHO, Paramount Commerce, and Brim—marking another step in opening Canada’s core payments infrastructure to fintechs ahead of the launch of the Real-Time Rail (RTR). … READ MORE... about Brim, Float, Koho, Paramount, and Wise Join Payments Canada
While Funding Remains Lower, Proptech Report Reveals a ‘Stronger Ecosystem’
Proptech Collective this month released their fifth annual report providing a "comprehensive view of Canada’s evolving proptech landscape." … READ MORE... about While Funding Remains Lower, Proptech Report Reveals a ‘Stronger Ecosystem’
Float Lands $100M to Scale Business Banking
Toronto-based Float has secured nearly $100 million in debt financing through two facilities from Silicon Valley Bank, a division of First Citizens Bank, and an undisclosed tier-1 Canadian bank. … READ MORE... about Float Lands $100M to Scale Business Banking
Calgary-Based Chata.ai Raises US$10M To Bring Precision AI to Financial Analytics
Calgary-based Chata.ai has raised US$10 million in Series A funding to scale its conversational analytics platform for financial services, as institutions seek more reliable and auditable alternatives to probabilistic AI systems. … READ MORE... about Calgary-Based Chata.ai Raises US$10M To Bring Precision AI to Financial Analytics
Mave Secures $5M to Scale Real Estate AI
Toronto-based Mave, an AI-powered operating platform for real estate brokerages and agents, has raised $5 million in seed funding to accelerate product development and North American expansion. … READ MORE... about Mave Secures $5M to Scale Real Estate AI
Borderless AI Launches ADP Marketplace Integration
Toronto-based Borderless AI has launched a live integration with ADP Workforce Now, bringing its employer-of-record (EOR) services directly into one of North America’s most widely used HR and payroll platforms. … READ MORE... about Borderless AI Launches ADP Marketplace Integration
Helcim Launches Browser-Based Payment Extension
Calgary-based Helcim has launched the Helcim Payment Extension, a browser-based tool that injects Helcim’s low-cost, interchange-plus payment processing directly into the web-based business software merchants already use. … READ MORE... about Helcim Launches Browser-Based Payment Extension
Portage Ventures Agrees to Manage ‘High-Quality’ Fintech Assets for Point72
Toronto's Portage Ventures has signed a deal with New York's Point72 Ventures which will see the Canadian firm manage select assets from a fintech portfolio. … READ MORE... about Portage Ventures Agrees to Manage ‘High-Quality’ Fintech Assets for Point72
Accountants Warn AI Financial Advice Is Costing Businesses Money
Canadian businesses are already losing money after relying on general-purpose artificial intelligence tools such as ChatGPT for financial, bookkeeping, and tax advice — a problem accountants warn could escalate into business failures by 2026. … READ MORE... about Accountants Warn AI Financial Advice Is Costing Businesses Money