Last year, after laying off 1,000 employees, Shopify introduced a “flexible compensation” policy for employees and deleted meetings, among other changes. [Read more…] about Shopify Announces Major Layoffs in Return to Singular Focus on ‘Main Quest’
Montreal’s Diagram Raises $100 Million to Create, Fund Innovative Fintech
Diagram, a Montreal-based venture builder, has raised over $100 million in commitments from investors for its latest fund, Diagram Ventures III. [Read more…] about Montreal’s Diagram Raises $100 Million to Create, Fund Innovative Fintech
Short on Capital, Canadian Fintech Billi Labs Closes Doors
Last year, Fintech.ca reported on a Vancouver Island startup that was conceived in 2021 to help Canadians manage money and build credit. [Read more…] about Short on Capital, Canadian Fintech Billi Labs Closes Doors
Bankers and Fintechs Join Forces to Explore Future of Finance in Canada
The banking sector is rapidly accelerating innovation, introducing Open Data, Risk Partnerships, Collection’s Technology, and more. [Read more…] about Bankers and Fintechs Join Forces to Explore Future of Finance in Canada
Woveo Leverages Group Power to Help Immigrants Build Credit in Canada
For immigrants to Canada, establishing a strong financial foundation can be a challenge. The system may not recognize their credit history, leaving them “invisible” to financial institutions upon arrival. [Read more…] about Woveo Leverages Group Power to Help Immigrants Build Credit in Canada
Predictive Commerce Uses AI Army to Battle-Test Fintech UX
Predictive Commerce, a Toronto-based startup that specializes in providing AI-generated human behaviour simulations, has released an evaluation of the top US banks’ effectiveness in promoting new products to their customers via their websites. [Read more…] about Predictive Commerce Uses AI Army to Battle-Test Fintech UX
Ryan Reynolds Announces Investment in Montreal Payments Innovator Nuvei
Vancouver-based actor and entrepreneur Ryan Reynolds has invested in Canadian financial technology firm Nuvei.
Both Reynolds and Nuvei are hot right now. [Read more…] about Ryan Reynolds Announces Investment in Montreal Payments Innovator Nuvei
Canadian Fintech Acquired by Numerix to Bolster Platform Capabilities
A BC-born financial technology firm has been acquired by New York’s Numerix, a leader in tech-forward capital markets risk management. [Read more…] about Canadian Fintech Acquired by Numerix to Bolster Platform Capabilities
Toronto’s Latest Fintech Wants to Bless Canadians with AI Advisor
Earlier this year we noted how artificial intelligence is taking over financial technology in Canada. [Read more…] about Toronto’s Latest Fintech Wants to Bless Canadians with AI Advisor
Investipal Wants Every Canadian to Be Their Own Fund Manager
A new Canadian fintech startup has launched a platform to make investing in the stock market “easy for everyone.”
The Toronto-born company, Investipal, was created from a single goal: give everyday investors the tools needed to invest confidently on their own. [Read more…] about Investipal Wants Every Canadian to Be Their Own Fund Manager