Your Source for Canadian Fintech News
Bitcoin infrastructure firm Blockstream this month announced US$125 million in funding.
Blockstream secured a convertible note and secured loan financing to expand its institutional bitcoin mining services, according to a statement from the Montreal-based fintech. [Read more…] about Montreal’s Blockstream Secures Capital to Expand Bitcoin Mining Operation
The latest financial technology startup to launch in Canada is Otter, a platform targeting self-employed professionals and independent business owners in Canada. [Read more…] about Otter Hopes to Reduce Financial Friction for Self-Employed Canadians
8Twelve Financial Technologies recently entered into an agreement with Dwello Payments, a fellow Toronto fintech platform that helps renters and others build credit.
As part of the agreement, Toronto’s 8Twelve Financial will provide its digital-based mortgage solutions to Dwello. [Read more…] about Mortgage Disruptor 8Twelve Brings INFIN8 Platform to Fellow Fintech Dwello
Recent CashTech Innovation Awards winner Clip Money this month announced ambitious expansion plans for 2023.
Based in Toronto, Clip is a cash deposit solution that “brings fast, convenient, cost-effective financial services transactions to business customers.” [Read more…] about Clip Money Prioritizes Partnerships as ‘Ambitious Expansion Plan’ Ramps Up
Last year, ZayZoon participated in Montreal’s Financial Health Lab, which assists fintech startups that use technology to help improve the financial lives of Canadians by making financial products and services more affordable. [Read more…] about Calgary’s ZayZoon Empowers Employees with Payroll Perk
A financial technology startup targeting international students has launched from Alberta.
InTuitionPay is a “fintech company that helps international students from Africa pay for their tuition fees abroad in a timely manner and connect with other students,” according to cofounder and chief executive Tinashe Mutamangira. [Read more…] about Canadian Fintech Startup InTuitionPay Launches Mobile App Targeting Students from Africa
Canada’s technology sector saw significant highs and lows last year, from the growth of exciting new industries to hybrid work and the stability of tech giants being flipped with abrupt mass layoffs. [Read more…] about PolicyMe Builds on Capital Raise with ‘Ambitious Vision’ to Disrupt Insurance in Canada
A branded payment solution providing merchants a secure alternative to credit card processing fees while powering customer loyalty programs this week added a hotly requested feature to its platform. [Read more…] about Fintech Startup Lynk Bolsters Platform with Latest Feature Addition for SMBs
Canadian financial technology firm Clearco is shedding more staff, reports revealed this week, as the e-commerce funding platform continues to struggle with downshifting markets. [Read more…] about Clearco’s Michele Romanow Steps Down Amid Latest Company Layoffs
A Vancouver financial technology startup launched publicly in September is entering the new year with early momentum. [Read more…] about Fintech Startup Unveils ‘Boost’ Feature to Help Renters Build Credit in Canada
