Canadian challenger bank KOHO continues to disrupt the personal finance space, announcing today the launch of their first Credit Building product. KOHO Credit Building reports all activity to TransUnion®, one of the two major reporting bureaus in Canada. [Read more…] about KOHO Launches Credit Building for Canadians
Foxquilt Announces Partnership with Digital Partners, a Munich Re company
Toronto’s Foxquilt has partnered with Digital Partners, a Munich Re company, to enable them to operate as a full-service insurance provider and co-creator of new, end-to-end insurance products/programs for small businesses. [Read more…] about Foxquilt Announces Partnership with Digital Partners, a Munich Re company
Fintech Cadence Acquires Innovate Financial Health
Toronto non-profit Innovate Financial Health (IFH) has been acquired by Montreal’s Fintech Cadence.
Founded in 2017, Fintech Cadence is on a mission to develop Canada’s future fintech leaders. Since their creation, they have launched the first fintech-focused incubator but have grown to include a 12-week Fintech Certificate and the Formathon, Canada’s biggest fintech competition. [Read more…] about Fintech Cadence Acquires Innovate Financial Health
London’s Paystone Raises $69 Million Financing Round
London’s Paystone has raised a $69 million strategic funding round from Canadian Business Growth Fund (CBGF) and National Bank of Canada.
The funds will be used to fuel growth in customer engagement services and electronic payment processing solutions. [Read more…] about London’s Paystone Raises $69 Million Financing Round
Sensibill Introduces the Sensibill Platform With SKU-level Insights
Toronto’s Sensibill, the leading provider of everyday financial tools and SKU-level insights, launched their new Sensibill Platform today, which includes two new solutions, Spend Manager and Spend Insights. [Read more…] about Sensibill Introduces the Sensibill Platform With SKU-level Insights
Talk Shop Launches $30,000 Women in Fintech Grant
Canadian PR Communications firm Talk Shop announced today the launch of a $30,000 Women in Fintech Grant.
The grant, delivered as $30,000 worth of public relations and communications services, will be awarded to one early-stage fintech with a founder who identifies as a woman. The winner will be selected by a judging panel made up of experts in technology and communications. [Read more…] about Talk Shop Launches $30,000 Women in Fintech Grant
Silicon Valley’s Affirm Buys Toronto’s PayBright For $340 Million
Silicon Valley’s Affirm is acquiring Toronto’s PayBright, a leading Canadian player in the growing “buy now, pay later” payment industry. [Read more…] about Silicon Valley’s Affirm Buys Toronto’s PayBright For $340 Million
Shopify Balance To Be Powered By Stripe, Evolve Bancor
Payment processing giant Stripe and Evolve Bancorp will power two products within Shopify Balance, the Canadian e-commerce giant’s business banking offering first revealed earlier this year. [Read more…] about Shopify Balance To Be Powered By Stripe, Evolve Bancor
Lightspeed Acquires Restaurant Software Company Upserve
Montreal’s Lightspeed has acquired Upserve, a leading restaurant management cloud-software company based in Rhode Island.
The acquisition strengthens Lightspeed’s position as an industry leader with high-performing restaurateurs across the United States as those restaurants refine the digital dining experience. [Read more…] about Lightspeed Acquires Restaurant Software Company Upserve
Thinking Capital Acquires Fintech Startup Ario
Ario, an Ottawa-based fintech startup that offers cost-efficient digital lending to small to medium-sized businesses (SMBs), has been acquired by another small business lender, Thinking Capital.
Ario’s platform uses data and algorithms to offer lending and cash flow management solutions for small businesses. [Read more…] about Thinking Capital Acquires Fintech Startup Ario