Three months ago Vancouver fintech Mogo acquired 20% of Coinsquare, Canada’s leading digital asset trading platform for Bitcoin, Ethereum and other cryptocurrencies.
The strategic investment built on a multi-year relationship between the two companies and also included the option for Mogo to acquire an additional 20 percent ownership interest in Coinsquare. [Read more…] about Mogo Ups Stake In Cryptocurrency Trading Platform Coinsquare
Toronto’s Relay Financial has raised a USD $15 million Series A funding round led by Bain Capital Ventures with participation of existing investors, Better Tomorrow Ventures, Garage Capital, Tribe Capital, Panache Ventures, and Amaranthine.
Founded by Yoseph West and Paul Klicnik, Relay Financial offers no-fee banking that streamlines day-to-day finance for small business. [Read more…] about Relay Financial Raises USD $15 Million To Fix Small Business Banking
Wealthsimple has landed the largest private tech investment in Canadian history with Meritech and Greylock leading a $750 million investment round. The massive round gives Wealthsimple a valuation of $5 billion.
[Read more…] about Wealthsimple Valued At $5 Billion After Drake & Ryan Reynolds Invest
Vancouver’s Mogo announced today that it has purchased approximately 146 Ether (ETH) at an average price USD $2,780. Ethereum is an open-source, block-chain based, decentralized software platform that uses its own cryptocurrency, Ether.
[Read more…] about Mogo Expands Crypto Portfolio With Investment in Ether
Cryptocurrency technology company Tokens.com is now listed on the NEO Exchange trading under the symbol COIN. [Read more…] about Tokens.com Debuts On The NEO Exchange
Toronto’s Vena Solutions has raised $300 million in Series C funding from Vista Equity Partners and will use the funds to accelerate growth and continue to provide a market-leading customer experience. [Read more…] about Vena Raises $300 Million Series C Round To Transform How Businesses Plan To Grow
Olympia Trust has entered into a letter of intent that will grant them the exclusive Canadian license to use a proprietary Bitcoin custody system developed by Knox Custody. [Read more…] about Olympia Trust To License Bitcoin Custody System From Knox Custody
Purpose Investments has been cleared by Canadian securities regulators to launch the Purpose Ether ETF, the first direct custody Ether ETF in the world. [Read more…] about Purpose Investments Cleared to Launch First Ether ETF in the World
More than 50+ financial brands and fintechs use Vancouver’s Fintel Connect‘s to enhance their marketing through its performance marketing network and tracking and reporting capabilities. [Read more…] about Fintel Connect Launches AI-Powered Content Marketing Compliance Tool
Brim Financial has struck up a partnership with Canadian Western Bank (CWB) to roll out Brim’s Platform as a Service (PaaS) and credit card infrastructure. [Read more…] about Brim Partners With Canadian Western Bank To Launch Platform as a Service
