When Vancouver-based Aquanow was named digital innovator of the year by CrossTech at the 2022 Innovation Awards, chief executive officer Phil Sham pointed out how digital asset markets are now 24/7, upending the flows of traditional finance. [Read more…] about Canadian Fintech Establishes Footprint Overseas in Emerging Crypto Market
Zūm Rails Raises $10M to Facilitate Open Banking Across North America
A Canadian company merging open banking and instant payments through an all-in-one gateway has raised a round of capital from a US investor as it eyes expansion south of the border. [Read more…] about Zūm Rails Raises $10M to Facilitate Open Banking Across North America
Following Bear Market Bashing, Balance Rebuilds Assets Under Custody to $2B
In 2022, Canadian crypto custodian Balance celebrated its fifth anniversary with $500 million of assets under custody. [Read more…] about Following Bear Market Bashing, Balance Rebuilds Assets Under Custody to $2B
Fintech Nuvei Shows How Payment Optimization Can Boost E-Commerce
The results of a recent study conducted by a Canadian financial technology firm suggests that strategic payment optimization can significantly enhance the revenue of e-commerce businesses. [Read more…] about Fintech Nuvei Shows How Payment Optimization Can Boost E-Commerce
Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
Identity platform Trulioo announced today partnership with an organization that Forbes recently named the best online bank in Canada (and not for the first time). [Read more…] about Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
Float Unveils $50M Partnership with Silicon Valley Bank to Support Growth
Float is flying into 2024 with fervour.
The financial technology startup was established by Griffin Keglevich and Ruslan Nikolaev, two graduates of Waterloo’s computer science and business programs, in 2019. [Read more…] about Float Unveils $50M Partnership with Silicon Valley Bank to Support Growth
Canadian Fintech Firm Zafin Acquired by Europe’s Nordic Capital
Zafin has been acquired by Sweden’s Nordic Capital, the companies announced this week.
Founded in 2002, Toronto-born financial technology firm Zafin offers a software-as-a-service platform for banks and other financial institution, including CIBC, HSBC, and Wells Fargo. [Read more…] about Canadian Fintech Firm Zafin Acquired by Europe’s Nordic Capital
Alberta Fintechs Ready to Showcase Innovation, Momentum at SXSW
Established in 1987, SXSW takes over Austin, Texas each March.
Part tech conference and part music festival, the iconic annual affair is known for celebrating with gusto the vibrant convergence of technology, art, and culture. [Read more…] about Alberta Fintechs Ready to Showcase Innovation, Momentum at SXSW
Mogo Advances Collaboration with Snowflake to Unlock New Efficiencies
Mogo this week announced that it has bolstered its partnership with Snowflake, a US Data Cloud company that expanded to Canada in 2022. [Read more…] about Mogo Advances Collaboration with Snowflake to Unlock New Efficiencies
Canadian Fintechs Forge Ahead with Funding Despite Negative Factors
Investment in Canadian financial technology firms slowed significantly through 2023, found KPMG’s latest Pulse of Fintech report. [Read more…] about Canadian Fintechs Forge Ahead with Funding Despite Negative Factors