Calgary-headquartered fintech startup Neo Financial has raised a $64 million Series B fundraising round. This brings Neo’s total funding to $114 million, with Peter Thiel’s Valar Ventures leading both Series A and B rounds. [Read more…] about Neo Financial Raises $64 Million To Accelerate Growth
Helcim Launches Bank Payments To Help Get Merchants Paid
Calgary-headquartered payments company Helcim has launched Helcim Bank Payments.
The new service allows merchants to seamlessly accept payments directly from their customer’s bank accounts, alongside its great credit card payment tools. [Read more…] about Helcim Launches Bank Payments To Help Get Merchants Paid
Irwin Secures $20 Million To Modernize Capital Markets Software
Toronto’s Irwin has closed a $20 million Series A financing round led by K1 Investment Management.
Founded in 2017, Irwin creates simple solutions for global public companies and their advisors to uncover new potential investors and shareholders, with the end goal of delivering better stakeholder awareness, higher trading volumes, and more stable share prices. [Read more…] about Irwin Secures $20 Million To Modernize Capital Markets Software
New York Fintech Startup Jeeves Expands Into Canada
Armed with a major round of funding, New York-based fintech startup Jeeves is expanding in Canada.
The all-in-one expense management platform raised a USD $57 million Series B round led by CRV at a valuation of half a billion. [Read more…] about New York Fintech Startup Jeeves Expands Into Canada
National Bank of Canada Invests $103 Million in Montreal’s Flinks
National Bank of Canada has taken a majority stake in Montreal fintech startup Flinks after a $103 million investment that includes $30 million in growth capital to accelerate North America expansion. [Read more…] about National Bank of Canada Invests $103 Million in Montreal’s Flinks
KOHO Launches Instant Pay Ushering In A New Era Of Payroll Infrastructure
KOHO is making everyday a pay day for individuals all over the country.
Furthering their commitment to equip all Canadians with control over their finances, the Toronto-based fintech has launched Instant Pay with select partners and users. [Read more…] about KOHO Launches Instant Pay Ushering In A New Era Of Payroll Infrastructure
EonLabs’ AI-powered Trading System Outperforms Bitcoin With 530% Return
Vancouver’s EonLabs has delivered investment returns that most could only dream of. Their system conducts thousands of lightning-fast trades per day, churning through $3 billion in monthly trade volume – generating 530 percent growth since September 2020. [Read more…] about EonLabs’ AI-powered Trading System Outperforms Bitcoin With 530% Return
Float Raises $5 Million For Corporate Credit Card Platform
Toronto fintech startup Float has secured $5 million in financing consisting of a $4 million equity round co-led by Susa Ventures and Golden Ventures and $1 million in debt financing from Silicon Valley Bank. [Read more…] about Float Raises $5 Million For Corporate Credit Card Platform
Financeit Reaches New Milestone With $2 Billion In Loans
Toronto’s Financeit, Canada’s leading point-of-sale financing provider in the home improvement sector, has reached another funding milestone as they have officially exceeded $2 billion in loan originations. [Read more…] about Financeit Reaches New Milestone With $2 Billion In Loans
Olympia Trust Cancels Plans To Pursue Bitcoin Custodian Service
Olympia Trust has ended its plans to provide a Bitcoin custody service citing “internal risk appetite due to current market conditions.” [Read more…] about Olympia Trust Cancels Plans To Pursue Bitcoin Custodian Service