The federal government recently tapped a known fintech leader to lead development in establishing Canada’s open banking system.
The Department of Finance Canada named Abraham Tachjian, director of digital banking at PwC Canada, as “the open banking lead,” a handle which he relishes online. [Read more…] about PwC’s Abraham Tachjian is Canada’s Open Banking Lead
Flow, a Web3 platform powering games, apps and digital assets this week announced a $725 million Ecosystem Fund.
This new fund—the largest ecosystem backing of its kind—is designed to boost innovation and growth across the Flow community. It is backed by several investors including Andreessen Horowitz, Union Square Ventures, and Liberty City Ventures. [Read more…] about Flow Looking Dapper as It Launches $725 Million Ecosystem Fund for Web3
If you’re a client of a Canadian financial services company like Borrowell, EQ Bank, Mogo, Scotiabank, or Tangerine, you may owe that relationship to Fintel Connect. [Read more…] about You May Owe Your Banking Relationship To Fintel Connect
There is a new financial technology fund in Canada.
Impression Ventures recently raised $64 million to launch Impression IV, the Canadian venture capital firm’s fourth fintech fund. Supported by both Bank of Montreal and CIBC, the Toronto- and Montreal-based Impression says that IV will invest “in seed-stage firms in the US and Canada that are leveraging technology to disrupt and enhance the delivery of financial products and services.” [Read more…] about Impression Ventures Launches $64 Million Fund Targeting Seed-Stage Fintech
No one should be surprised to learn that Toronto continues to be Canada’s leader for fintech opportunities and now we know that Toronto’s fintechs are among the Best Workplaces in Canada. [Read more…] about The Best Workplaces in Canadian Fintech
Prince Edward Island’s PayTic has closed a $2.95 millon funding round led by Halifax-based Build Ventures. Island Capital Partners, Concrete Ventures and Outlierz Ventures completed the remainder of the round. [Read more…] about PayTic Raises $2.95 Million To Help Banks, Credit Unions Centralize Program Management
Canadian digital bank Neo Financial has raised a $185 million Series C round led by Valar Ventures.
The mammoth round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. [Read more…] about Calgary’s Neo Financial Achieves Billion Dollar Unicorn Status After $185 Million Round
Toronto’s crypto banking-as-a-service provider Cybrid has secured USD $3.1 million in seed financing to support the expansion of its developer-focused crypto platform for fintechs and challenger banks. [Read more…] about Cybrid Secures $3.8 Million Round To Help Challenger Banks Launch Crypto
Looking for a boost to grow your fintech startup?
Launched by Digital Commerce Bank and Platform Calgary, the Calgary Fintech Awards are a game-changing opportunity for you to grow your fintech startup. [Read more…] about Applications Now Open For The Calgary Fintech Awards
Canada’s largest blockchain and cryptocurrency event returns to Toronto on August 9-10.
Presented by Untraceable, Blockchain Futurist Conference 2022 represents the return of the flagship conference that has over the years attracted some of crypto’s most notable heavyweights. [Read more…] about Canada’s Largest Cryptocurrency Event Returns to Toronto
