There is a meme floating around the internet. A user submits a complex document to ChatGPT, asking in the prompt, “is any of this illegal?”
The caption to the meme: “Yeah let me run this by my lawyer real quick.” [Read more…] about Alexi Reimagines Litigation in Canada with ‘Advanced Legal Reasoning’ Tool
Founded in Toronto in 2021, Zown simplifies home buying and selling in Canada by guiding users through the process end-to-end, from pre-qualification to closing, with a mission to increase the accessibility of homeownership. [Read more…] about Zown, Cedar Collab to Help Canadians Build Wealth Through Homeownership
Spring Financial today launched an artificially intelligent financial technology tool for Canadians.
The new app, dubbed Bloom, is the first fintech AI tool in Canada that enables users to ask questions specific to their financial situation and receive personalized insights that simplify planning, according to a statement from Vancouver-born Spring. [Read more…] about Spring Unveils Bloom, the ‘Ultimate Financial Assistant’ for Canadians
As North American consumer debt surges to record-breaking levels, Eltropy, an AI-powered conversations platform for community financial institutions, has acquired Montreal’s Lexop, a provider of digital collections technology for credit unions. [Read more…] about Montreal’s Lexop Acquired by Silicon Valley Firm to Boost Collection Tech
Canada has been lagging on adopting open banking frameworks for years, critics have been lamenting.
In 2024, the government finally began making progress toward open banking.
But Canadians may still have a couple more years to wait. [Read more…] about Canada Finally Commits to Launching ‘Consumer-Driven’ Banking… in 2026
Santa is readying his sleigh for a big journey next week, which signals that another year is just about wrapped up.
In 2024, a robust roster of professionals from across the financial and technology spectrums inked the pages of Fintech.ca, covering wide array of important and interesting topics—from payments processing to AI to crypto to customer satisfaction to content marketing and much more. [Read more…] about Remembering What Canadian Experts Said About Financial Technology in 2024
Targeting the automotive marketplace sector, Carbeeza is leveraging artificial intelligence to accurately predict optimal financing scenarios for consumers, allowing them to anonymously browse vehicles they can afford. [Read more…] about Edmonton Fintech Offers AI-Powered ‘Dealership Companion’ for Car Buyers
London, Ontario’s Paystone is acquiring Ackroo, a loyalty marketing, payments, and point-of-sale technology services provider.
Ackroo, listed on the Toronto Venture Exchange as AKR, is being acquired at a price of $0.15 per share, or about $21 million, the company announced this month. [Read more…] about London’s Paystone Acquires Hamilton’s Ackroo for $21M to Fortify Fintech Toolkit
This year the province of Alberta surpassed BC in terms of investment dollars attracted, drawing a total of $383 million across 41 deals.
Following this “continued momentum” up, Start Alberta recently recognized the top areas for venture capital flow in the province through 2024. [Read more…] about Alberta Innovators Showcase the Success of Canadian Fintech in 2024
A new loyalty program specifically designed for credit unions has launched in Canada.
Toronto-born financial technology firm Cyder this week announced $1.5 million in pre-seed funding as the company targets credit unions across the country. [Read more…] about Cyder Launches New Loyalty Program Solution for Credit Unions in Canada
