Your Source for Canadian Fintech News
Portag3 Ventures today announced the final closing of Portag3 Ventures II LP, its second venture fund focused on early stage investments in the global financial technology sector, with commitments totalling $427 million. Continue reading “Portag3 Ventures Announces $427 Million Close of Second Fintech Fund”
The winners of the 2019 Canadian FinTech & AI Awards were announced at an awards ceremony last night in Toronto. Continue reading “Winners of the 5th Annual Canadian FinTech Awards Announced”
Flinks has announced the launch of ‘Attributes’, a data enrichment tool allowing banks and fintechs to harness the power of transactional data without having to maintain large data science teams themselves. Continue reading “Flinks Launches Data Enrichment Tool Attributes”
National Bank has launched the Innovation Competition, a large-scale challenge that will bring together Canadian fintech startups, students and other teams of individuals from across Canada. Continue reading “National Bank Launches Fintech Innovation Competition”
Today the Holt Fintech Accelerator announced the launch of its 2019 cohort, the second in its history.
Building on the success of the class of 2018, Canada’s only business accelerator devoted exclusively to Fintech welcomes 8 new companies from 5 different countries. Continue reading “Holt Fintech Accelerator Launches 2019 Cohort”
The UK’s Department for International Trade (DIT), British Airways, Scottish Development International (SDI), and Bank of Montreal (BMO) are hosting a Fintech Mission to the UK for Canadian Fintechs from October 19th to 26th. Continue reading “Apply Now to Participate in Fintech Mission to the UK”
Toronto’s Sensibill has raised US $31.5 million in a Series B funding round led by AI-focused venture fund Radical Ventures.
Also participating in the round was Information Venture Partners, First Ascent Ventures, and National Bank of Canada.
Founded in 2013, the AI-powered digital receipt startup targets freelancers and small business owners and has now raised total financing of $46.5 million.
Sensibill works with banks such as TD and Scotiabank to incorporate its digital receipt technology into their apps, enabling personal and business customers to manage line item receipts from their phones.
The platform uses machine learning to structure receipt data and give both banks and their customers rich insights such as product information, return policy tracking and categorization.
KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. Continue reading “KOHO Raises $42 Million in Series B Round”
Canada’s technology sector is growing quickly and to help companies compete and grow in this burgeoning sector, BMO has introduced its Technology & Innovation Banking Group. Continue reading “BMO Announces New Technology & Innovation Banking Group”
Creating and sticking to a budget is key to financial success, but it can also result in feelings of stress and anxiety for many Canadians. Continue reading “RBC Launches AI-powered Budgeting App”