Toronto’s Brim Financial has raised an $85 million Series C funding round on the back of strong revenue growth, rapidly increasing market share and expansion into the business and commercial segments. [Read more…] about Brim Financial Secures $85 Million to Fuel U.S. Expansion
The Future of Money Explores the Impact of Open Banking and Emerging Technologies
Money has built society. As a technology for holding and exchanging value, money has evolved over millennia and is therefore fit-for-purpose. Money is the universal incentive-mechanism that holds society together like glue. But money is changing rapidly as the 21st century takes shape. [Read more…] about The Future of Money Explores the Impact of Open Banking and Emerging Technologies
TODAQ Launches Micropayments and AI Conversational Checkout
Forrester predicts that 2024 is the year that micropayments will break out of their niche and become an alternative to subscriptions. [Read more…] about TODAQ Launches Micropayments and AI Conversational Checkout
ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
Calgary’s ZayZoon, the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, today announced it has raised $20 million in an extension of its Series B financing. [Read more…] about ZayZoon Raises $15M in Series B Extension from Viola Fintech and Intuit Ventures
Stripe and Amazon Elevate Retail in Canada with Checkout-Free Just Walk Out Technology
Stripe is expanded its partnership with Amazon to power payments for retailers using Just Walk Out technology in Canada. [Read more…] about Stripe and Amazon Elevate Retail in Canada with Checkout-Free Just Walk Out Technology
Helcim Raises $27 Million From Silicon Valley To Transform Payment Processing
Calgary’s Helcim has raised a $27 million Series B funding round led by San Francisco venture capital firm Headline. [Read more…] about Helcim Raises $27 Million From Silicon Valley To Transform Payment Processing
Levr.ai Raises Additional $1 Million for North American Expansion in Small Business Loan Software
Vancouver’s Levr.ai has raised another $1 million, building on the momentum of its previously announced funding in 2023. This brings Levr.ai’s total funding to over $2.5 million. [Read more…] about Levr.ai Raises Additional $1 Million for North American Expansion in Small Business Loan Software
Purpose Investments Marks Three-Year Anniversary of the World’s First Bitcoin ETF
Three years ago Purpose Investments made history by launching the Purpose Bitcoin ETF (TSX: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin. [Read more…] about Purpose Investments Marks Three-Year Anniversary of the World’s First Bitcoin ETF
Canada’s Financial Shift: Wise’s Take on Payments Modernization and Open Banking
Payments modernization and open banking are gamechangers for Canada’s financial sector. The announcements made in the 2023 Fall Economic Statement are a testament to the ever changing fintech ecosystem and the need for increased competition to ensure consumers can continue to make the right choices for themselves when selecting a financial services provider. [Read more…] about Canada’s Financial Shift: Wise’s Take on Payments Modernization and Open Banking
KOHO To Become a Bank, Teams Up With Ex-Tangerine CEO for Canadian License
Late last year KOHO Financial announced that it successfully raised an additional $86 million in a series D extension at an $800 million valuation and has surpassed one million users. [Read more…] about KOHO To Become a Bank, Teams Up With Ex-Tangerine CEO for Canadian License