Canadian fintech Finofo has expanded its AI-powered finance platform beyond accounts payable to include expense management and purchasing. [Read more…] about Finofo Unifies AP, Expenses and Purchasing Without Replacing Corporate Cards
Canadian Businesses’ AI Spending Surges 12-Fold, Float Data Shows
Canadian businesses are rapidly increasing their investment in artificial intelligence, according to new transaction data from Toronto fintech Float. [Read more…] about Canadian Businesses’ AI Spending Surges 12-Fold, Float Data Shows
Portage Closes US$600 Million Fund to Back Next Wave of Fintech
Canadian fintech investor Portage has announced the final close of its fourth flagship venture fund at approximately US $600 million. [Read more…] about Portage Closes US$600 Million Fund to Back Next Wave of Fintech
Zown Turns Monthly Rent Into Rewards for Future Homebuyers
Canadian real estate platform Zown is expanding its cash-back model to renters with the launch of an all-in-one app designed to support users from renting and saving through to buying a home. [Read more…] about Zown Turns Monthly Rent Into Rewards for Future Homebuyers
Conquest Rebrands Around Verifiable AI Financial Advice
Winnipeg fintech Conquest Planning has shortened its name to Conquest as the company positions itself as a verifiable artificial intelligence engine for financial advice rather than a traditional planning software provider. [Read more…] about Conquest Rebrands Around Verifiable AI Financial Advice
Peoples Group Taps Feedzai to Protect Canada’s Instant Payments
Canada is preparing to make money move almost instantly, but public confidence has not yet caught up with the technology. [Read more…] about Peoples Group Taps Feedzai to Protect Canada’s Instant Payments
Borderless AI Acquires Cayman Employment to Unify Island Hiring
Toronto-based Borderless AI has acquired CaymanEmployment.com, giving the global payroll platform a direct operating presence in the Cayman Islands. [Read more…] about Borderless AI Acquires Cayman Employment to Unify Island Hiring
Beacon Raises $20 Million After Doubling Users in Seven Days
Toronto-based fintech Beacon has closed an oversubscribed $20 million financing round as it looks to expand its cross-border financial services between Canada and India. The round was led by Beacon’s existing investors, with participation from new backers. [Read more…] about Beacon Raises $20 Million After Doubling Users in Seven Days
Taxformify Tackles the Tax-Season Document Chase
For tax accountants, the busiest time of year can involve as much document chasing as tax preparation. [Read more…] about Taxformify Tackles the Tax-Season Document Chase
Neo Financial Cuts 102 Jobs in Bid to Simplify Business
Calgary-based Neo Financial has laid off 102 employees, representing roughly 10 per cent of its workforce, as the fintech moves to simplify its operations and sharpen its product focus. [Read more…] about Neo Financial Cuts 102 Jobs in Bid to Simplify Business