News

Amazon and Affirm Partner to Bring Payment Flexibility to Consumers Across Canada

Affirm is building a new kind of payment network based on trust, transparency, and putting people first. [Read more…] about Amazon and Affirm Partner to Bring Payment Flexibility to Consumers Across Canada

Increasingly popular “Buy now, pay later options” can lead to sales boosts of up to 30%, according to Susan Pond, who is the owner of Fab Finds Online, an e-commerce furniture and home goods marketplace headquartered in Vaughan, Ontario. [Read more…] about Square Launches Afterpay in Canada, Empowering Merchants with BNPL Functionality

Lynk has emerged from stealth, this month announcing the general availability of its branded payment solution. [Read more…] about Lynk Raises $3 Million to Launch Branded Payment Solution for Marketplaces

HelloSafe this week announced $4.2M in seed funding.

The Montreal-based financial technology startup develops insurance, investment, savings and credit product comparison solutions for individuals and businesses. The Canadian fintech firm’s seed round of capital was led by OneRagtime and Kima Ventures. [Read more…] about HelloSafe Secures $4 Million to Expand Team, Deploy Fintech Solutions Across Canada

FrontFundr this week announced a significant growth milestone.

The Toronto-based equity crowdfunding platform says that is has surpassed 100 successful campaigns which have processed over $150 million in investments for startups in Canada. The fintech launched in 2015. [Read more…] about Celebrating Major Milestone, FrontFundr Launches Campaign Allowing Canadians to Invest in Platform

Crypto asset trading platform Coinsquare has acquired CoinSmart for $29 million in cash and shares.

Founded in 2014, Coinsquare provides customers with a proprietary platform engineered to deliver a robust, secure, and intelligent interface for trading Bitcoin, Ethereum, Litecoin, and other digital assets. [Read more…] about Coinsquare Acquires CoinSmart To Create One Of The Largest Crypto Trading Platforms In Canada

Toronto’s 3iQ Digital Asset Management (3iQ) has struck a partnership with Calgary’s Tetra Trust and Coinbase aimed at expanding the exchange-traded product (ETP) ecosystem for digital assets in Canada and generating new interest from the investment community. [Read more…] about 3iQ, Tetra Trust and Coinbase Join Forces to Advance Crypto ETP Space in Canada

A Canadian-based financial technology company is expanding south of the border.

Toronto-born OTT Pay, a payment service provider, has launched a subsidiary OTT Pay USA to provide more convenient payment collection and settlement solutions “to help global e-tailers save even more on cross-border transaction costs.” [Read more…] about OTT Pay Expands to US for Cross-Border Commerce Convenience

Toronto based digital-first insurance provider PolicyMe is on a mission to deliver simple and affordable insurance for Canadian families.

Today they announced the raise of a $18 million Series A funding round that will allow the fintech to expand their product offerings for Canadian families. [Read more…] about Digital-first Insurance Provider PolicyMe Raises $18 Million To Expand Offerings