Vancouver fintech startup BlocPal will soon be a publicly traded company.
BlocPal has agreed to complete a business combination by way of a reverse takeover and in the process will raise a $25 million private placement. [Read more…] about BlocPal To Raise $25 Million During Reverse Takeover
Canada’s Mogo (TSX:MOGO) has been slowly acquiring more and more of Coinsquare, Canada’s leading digital asset trading platform for Bitcoin, Ethereum and other cryptocurrencies.
Three months ago Mogo acquired 20 percent of Coinsquare. Last month Mogo nearly doubled its stake, increasing its ownership in to approximately 37 percent. [Read more…] about Mogo Increases Ownership Stake In Coinsquare
Calgary-based payments company Helcim is getting rid of its $20 monthly fee for its merchant services.
The decision to remove the monthly fee reflects Helcim’s commitment to providing a better payments service and helping more small businesses compete with the giants in their industries. [Read more…] about Helcim Puts Money Back in Merchant’s Pockets by Dropping Its $20 Monthly Fee
This week, CIBC, TD, and RBC reported a 100% increase of profit for Q1 of 2021 compared to the same period last year, while BMO has almost doubled their profit.
Currently, 53% of Canadians live paycheque to paycheque. [Read more…] about KOHO Launches Initiative To Help Canadians Fight Bank Fee Increases
Vancouver rental platform startup liv.rent has added bitcoin as a form of payment, allowing tenants to pay their rent with cryptocurrency while the landlord receives fiat currency. [Read more…] about Vancouver Startup liv.rent Lets You Pay Your Rent With Bitcoin
Toronto-based cryptocurrency lending platform Ledn has raised USD $30 million in Series A financing with hedge-fund billionaire Alan Howard joining the ranks of participating investors. [Read more…] about Ledn Raises $30 Million For Financial Services For Hodlers Of Digital Assets
Vancouver’s Canalyst announced today that Birgit Troy has joined as Chief Operating Officer and Chief Financial Officer.
Canalyst is the leading independent provider of fundamental models and data to institutional investors. Canalyst’s products enable investors to implement new efficiency tools into their workflow and uncover more, higher-conviction investment opportunities by quickly ramping up and expanding coverage based on the robustness and breadth of our platform. [Read more…] about Vancouver’s Canalyst Adds Birgit Troy As COO & CFO
Google announced on day one of the GoogleI/O 2021 software developer conference that it has expanded its partnership with e-commerce platform Shopify, and that it will offer an enhanced shopping experience for Photos and Chrome users.
[Read more…] about Shopify Merchants Will Be Showcased on Google’s Shopping Site
Three months ago Vancouver fintech Mogo acquired 20% of Coinsquare, Canada’s leading digital asset trading platform for Bitcoin, Ethereum and other cryptocurrencies.
The strategic investment built on a multi-year relationship between the two companies and also included the option for Mogo to acquire an additional 20 percent ownership interest in Coinsquare. [Read more…] about Mogo Ups Stake In Cryptocurrency Trading Platform Coinsquare
Toronto’s Relay Financial has raised a USD $15 million Series A funding round led by Bain Capital Ventures with participation of existing investors, Better Tomorrow Ventures, Garage Capital, Tribe Capital, Panache Ventures, and Amaranthine.
Founded by Yoseph West and Paul Klicnik, Relay Financial offers no-fee banking that streamlines day-to-day finance for small business. [Read more…] about Relay Financial Raises USD $15 Million To Fix Small Business Banking
