Your Source for Canadian Fintech News
An Angus Reid survey found that 57% of Ontarians don’t have a will, and of those who do, 1 in 10 are out of date.
Today Meridian, Ontario’s largest credit union and second largest in Canada announced new partnerships with both LegalWills.ca and Willful, two of Canada’s leading online estate planning companies. [Read more…] about Meridian Credit Union Partners with Online Will Providers to Deliver Digital Estate Planning Solutions
Four months ago Coinsquare announced their were acquiring fellow crypto asset trading platform CoinSmart for $29 million in cash and shares.
This week the acquiree announced that they’ve received notice from Coinsquare claiming to terminate the acquisition offer. [Read more…] about Coinsquare Wants To Back Out Of Its Deal To Buy Rival CoinSmart
Montrea’s Nuvei is acquiring U.S. rival Paya in an all-cash transaction valued at approximately $1.3 billion. [Read more…] about Nuvei Buys US Rival Paya In $1.3 Billion Deal
Crypto firm Coinbase has announced plans to expand its Canadian operations and named Lucas Matheson, formerly a senior director at Shopify, as its new Country Director for Canada. [Read more…] about Coinbase Hires Country Director To Expand Canadian Crypto Operations
Toronto-headquartered Brim Financial is expanding their partnership with Canadian Western Bank (CWB) with a new business credit card offering. [Read more…] about Brim Expands Partnership with CWB to Deliver Business Credit Card Program
Stephen Oliver is the Chief Compliance Officer for Tetra Trust Company, a Calgary-based regulated digital assets custodian serving the Canadian market. Steve is also an instructor at the University of Calgary, where he lectures on corporate governance. [Read more…] about Q+A with Tetra’s Steve Oliver on How Regulations Spur Innovative Compliance Solutions for Digital Assets
Canadian online mortgage lender Nesto has raised a $80 million Series C financing round led by IGM Financial, a unit of Power Corp.
The oversubscribed round included existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as Michael Rowell and Michael Paulus. [Read more…] about IGM Financial Purchases Minority Stake in Online Mortgage Lender Nesto
Edmonton’s Everyday People Financial (TSX-V: EPF) is acquiring accounts receivable management services company General Credit Services for approximately $5.8 million in cash and shares. [Read more…] about Everyday People Acquiring General Credit Services To Bolster Its Customer Offering
Calgary’s Tetra Trust and Vancouver’s MeetAmi are partnering to offer a turnkey solution to Canada’s wealth management market, offering the ability to invest in Digital Assets and hold the asset base with a qualified Canadian custodian. [Read more…] about MeetAmi Partners With Tetra Trust To Offer Compliant Digital Asset Wealth Management
In response to the global financial fiasco kicked off by FTX‘s bankruptcy, the Canadian Securities Administrators warned investors that trading in crypto assets comes “with elevated levels of risk that may not be suitable for many investors, in particular retail investors.” [Read more…] about Bitbuy Launches Dashboard Designed To Build Trust Through Transparency
