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News

Purpose Investments Plans for New DeFi and Crypto Innovations

February 19, 2022 by Fintech Newsdesk Leave a Comment

One year ago Purpose Investments made history by launching Purpose Bitcoin ETF (TSX ticker: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin. [Read more…] about Purpose Investments Plans for New DeFi and Crypto Innovations

Filed Under: News Tagged With: Purpose Financial, Purpose Investments

Canadian Fintechs Explore Options In Asia

February 18, 2022 by Fintech Newsdesk Leave a Comment

Hong Kong is one of Asia’s most vibrant, diverse and agile tech hubs with robust infrastructure, access to talent, and renown international financial centre with over 400,000 Canadians living and working there today. [Read more…] about Canadian Fintechs Explore Options In Asia

Filed Under: News Tagged With: NCFA

Blossom Lands Impressive Investor For Retail Investor Social Network

February 15, 2022 by Fintech Newsdesk Leave a Comment

Vancouver fintech startup Blossom is building a social network for retail investors, the first of its kind available to Canadians. [Read more…] about Blossom Lands Impressive Investor For Retail Investor Social Network

Filed Under: News Tagged With: Blossom

Goldman Sachs Sells Toronto Fintech Financeit To Wealth Fund For $350+ Million

February 11, 2022 by Fintech Newsdesk Leave a Comment

Wafra Capital Partners (WCP) has acquired Toronto-based Financeit from Goldman Sachs Asset Management.

Financeit is Canada’s leading point-of-sale financing provider for the home improvement industry and powers sales transactions for merchants in home services, recreational vehicle, and retail with technology-driven customer payment plans. [Read more…] about Goldman Sachs Sells Toronto Fintech Financeit To Wealth Fund For $350+ Million

Filed Under: News Tagged With: FinanceIt

Shopify Founder Tobi Lütke Among backers In Crypto Platform Newton

February 9, 2022 by Fintech Newsdesk Leave a Comment

Toronto’s Newton Crypto today announced that it has completed a $25 million Series B funding round, led by the partners from DV Chain and with participation from Shopify co-founder Tobias Lütke’s Snowdevil Capital. [Read more…] about Shopify Founder Tobi Lütke Among backers In Crypto Platform Newton

Filed Under: News Tagged With: Newton, Shopify, Tiny Capital

Trulioo Acquires HelloFlow to Accelerate Digital Onboarding

February 8, 2022 by Fintech Newsdesk Leave a Comment

Vancouver’s Trulioo has acquired Copenhagen’s HelloFlow, a no-code, drag-and-drop builder of client onboarding, monitoring and digital workflow solutions. [Read more…] about Trulioo Acquires HelloFlow to Accelerate Digital Onboarding

Filed Under: News Tagged With: Trulioo

Perch Provides Users With Real-time Mortgage Rate Quotes Online

February 7, 2022 by Fintech Newsdesk Leave a Comment

Toronto proptech startup Perch announced today the launch of Pathfinder, Canada’s first web-based tool that offers an instant mortgage rate quote online. The free tool promises to transforms how people shop for mortgages. [Read more…] about Perch Provides Users With Real-time Mortgage Rate Quotes Online

Filed Under: News Tagged With: Perch

ClearEstate Secures USD $13.25 Million Series A Led by OMERS Ventures

February 3, 2022 by Fintech Newsdesk Leave a Comment

Montreal’s ClearEstate has secured a USD $13.25 million Series A funding round led by a prominent Canadian institutional investor OMERS Ventures. [Read more…] about ClearEstate Secures USD $13.25 Million Series A Led by OMERS Ventures

Filed Under: News Tagged With: ClearEstate, OMERS Ventures

Fintech Cadence Partners with Fintel Connect to Support Startups

February 2, 2022 by Fintech Newsdesk Leave a Comment

Montreal’s Fintech Cadence has partnered with Vancouver’s Fintel Connect to enhance the resources, offerings and capabilities that Fintech Cadence provides to the fintech startups they support across Canada. [Read more…] about Fintech Cadence Partners with Fintel Connect to Support Startups

Filed Under: News Tagged With: Fintech Cadence, Fintel Connect

KOHO Secures One of Canada’s Largest Fintech Funding Rounds with $210 Million Series D

February 1, 2022 by Fintech Newsdesk Leave a Comment

Toronto-headquartered KOHO announced today that it has closed a C$210 million Series D funding round led by Greenwich, Connecticut’s Eldridge and including additional investments by HOOPP, Round13, and BDC. [Read more…] about KOHO Secures One of Canada’s Largest Fintech Funding Rounds with $210 Million Series D

Filed Under: News Tagged With: Koho

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