Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the COVID-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG in Canada. [Read more…] about Canadian Fintech Investment Drops To Pandemic-era Levels
Coinbase Accelerates International Expansion with Official Launch in Canada
Today, Coinbase announced its Canadian expansion with a series of new offerings that demonstrate its commitment to Canada as a priority Go Deep market. [Read more…] about Coinbase Accelerates International Expansion with Official Launch in Canada
Wealthsimple Adds Stock Lending to Growing Suite of Financial Features
After entering the crypto scene last year, Toronto’s Wealthsimple this year added even more ways for Canadians to save and invest, including private credit opportunities for retail investors and enhanced cash holding features. [Read more…] about Wealthsimple Adds Stock Lending to Growing Suite of Financial Features
Neo Financial Launches Credit Card Program with Cathay Pacific
Calgary’s Neo Financial and Cathay Pacific have partnered to launch a new card program created for Canadian consumers who love to travel. [Read more…] about Neo Financial Launches Credit Card Program with Cathay Pacific
Tetra Partners with Figment to Bring Staking Services to Canada
Calgary’s Tetra Trust, a leading Canadian provider of crypto custody, has partnered with Figment, a global expert in staking solutions, to provide digital asset staking services to institutional clients in Canada. [Read more…] about Tetra Partners with Figment to Bring Staking Services to Canada
Klarna Takes Canada by Storm with Over 640,000 Active Consumers
Global Buy Now, Pay Later leader Klarna is making some serious strides in Canada. [Read more…] about Klarna Takes Canada by Storm with Over 640,000 Active Consumers
Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Canada is home to over eight million immigrants and will welcome nearly 1.5 million permanent residents over the next three years. More than 1 in 5 Canadian residents are foreign-born, and government figures show that more than 95% of the country’s population growth last year was due to international migration. [Read more…] about Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Helcim and Xero Partnership Revolutionizes Payments: ACH Bank Transfers Made Effortless for Small Businesses
Calgary-headquartered payments provider Helcim now offers ACH bank transfers through its app integration with global small business platform, Xero. [Read more…] about Helcim and Xero Partnership Revolutionizes Payments: ACH Bank Transfers Made Effortless for Small Businesses
Dye & Durham Surpasses $100M Annual Recurring Revenue, Poised for Future Growth
Dye & Durham, a leading provider of cloud-based legal practice management software, announced today that it has achieved a significant milestone by surpassing $100 million in annual recurring revenue (ARR). [Read more…] about Dye & Durham Surpasses $100M Annual Recurring Revenue, Poised for Future Growth
Q+A with Information Venture Partners’ Co-founder on the Top Challenges for Enterprise B2B Fintech Startups
According to a recent report from Statista research, the total value of investments into fintech companies worldwide increased drastically between 2010 and 2019, when it reached 216.8 billion U.S. dollars. [Read more…] about Q+A with Information Venture Partners’ Co-founder on the Top Challenges for Enterprise B2B Fintech Startups