Earlier this year, California-based Synctera has raised capital to power expansion North of the border.
The Silicon Valley banking-a-a-service startup announced a $15 million strategic investment led by NAventures, the corporate venture arm of National Bank of Canada, in March. [Read more…] about Silicon Valley Fintech Excited About Potential North of the Border
A Winnipeg-born innovator of e-commerce this week unveiled a dynamic payment feature for its checkout-enhancing technology.
Manitoba’s Bold Commerce today announced the launch of the new feature for Bold Checkout, enabling brands to offer a wider array of payment options while managing that complexity. [Read more…] about ‘Payment Booster’ Tech Encourages Consumption with Curated Commerce
Worldwide, more than one billion people buy, sell, and trade on Facebook Marketplace every month.
It’s a wildly popular platform, but fraud runs rampant, with one in six consumers reporting being the victim of a Marketplace scam. [Read more…] about Confirm Wants to Help Canadians Trust Online Marketplaces Again
The current magic formula for capital fundraising is proven profitability with a dash of AI.
Venture capital is flowing toward companies able to demonstrate profitability, a new report finds, as investment volumes maintain a downward slope from their mid-Pandemic peak. [Read more…] about As Investors Exercise Caution, AI Still a Magnet for Capital in Canada
J.D. Power has released the latest edition of its Wealth Digital Experience Study, which finds that digital and mobile technology continues to deepen penetration throughout Canada’s financial sector. [Read more…] about Wealth Management Goes Mobile as Younger Canadians Invest Through Apps
Two Alberta fintechs have joined forces.
The research and innovation arm of ATB Financial this week announced a partnership with PayTrie, a platform for secure stablecoin purchasing and selling in Canada. [Read more…] about Fintechs Strike Strategic Alliance to Boost Crypto Platform Security, UX
Technology has carved a great divide in Canada.
While many older Canadians still bank almost exclusively in-person at brick-and-mortar institutions, a majority of the nation’s younger investors are managing their financial assets using entirely digital processes supported by financial firms that often don’t even attempt to offer physical branches. [Read more…] about Wealthsimple CEO Unveils Ambitious Five-Year Target for Growth
Last week, financial technology firm Nuvei unveiled a virtual white-labelled card issuing solution launching in 30 markets globally. [Read more…] about Nuvei Launches Card Issuing, Partners with Microsoft on Payments
A Toronto-based company developing artificially intelligent financial technology this week announced a “significant enhancement” to its flagship product.
The fintech, QuantGate Systems, is referring to Pilot Trading, which uses AI to place traders ahead of broader market sentiments. [Read more…] about Pilot Trading Expands Crypto Capabilities with Coinbase Integration
In a move to improve financial management for small and medium-sized enterprises across Canada, Square recently launched Balance Folders in Canada.
The new feature from payments innovator Square allows allows business owners to automatically manage cash flow and set aside funds for specific needs, be it taxes, payroll, or expansion. [Read more…] about Square’s Balance Folders Transform Financial Management for Canadian SMEs
