News

BMO Launches New AI Tool CashTrack Insight

To help customers improve their financial wellness, BMO Bank of Montreal has introduced its BMO CashTrack Insight – an artificial intelligence (AI) driven capability that identifies potential cash shortfalls and helps customers better manage upcoming expenses. [Read more…] about BMO Launches New AI Tool CashTrack Insight

Montreal’s Lightspeed is acquiring ShopKeep, a leading cloud commerce platform provider based in New York City.

This acquisition reinforces Lightspeed’s status as a clear category leader for complex retailers and restaurateurs seeking to modernize their operations as the global economy undergoes unprecedented digital acceleration. [Read more…] about Lightspeed To Acquire ShopKeep For $440 Million To Advance POS

Apple has reportedly acquired Montreal’s Mobeewave for US $100 million in a deal which could see iPhone’s turned into contactless payment terminals. [Read more…] about Apple Acquires Montreal-Based Startup Mobeewave

Canadians can now turn to challenger bank KOHO to help pay expenses on time and avoid fees and interest.

KOHO launched an Early Payroll feature today to their entire user base, which provides users free access to $100 of their paycheque 3 days before the scheduled payday. [Read more…] about KOHO Launches Free Early Payroll Feature

Foxquilt empowers small businesses and B2B networks to save on business insurance by leveraging their Insurance-as-a-Service platform and unique underwriting infrastructure. [Read more…] about Insurtech Startup Foxquilt Raises $3.5 Million Seed Round

Montreal’s Flinks has closed an $11 million Series A financing round to fuel the company’s growth in data connectivity and digitization in the financial services industry. [Read more…] about Flinks Raises $16 Million To Accelerate Digitization Of The Financial Services Industry

PaymentGenes, a recruitment firm based in the Netherlands, is expanding its international footprint, selecting Toronto as the location of its North American headquarters to become part of a world-leading FinTech cluster, supported by a growing technology ecosystem. [Read more…] about PaymentGenes Lands in Toronto to Tap into Burgeoning FinTech Industry