Canadian commerce firm Cymax Group announced this week that it has forged a partnership with Team True North member Elastic Path, the figurehead behind the Composable Commerce Movement, to launch a next-generation web platform. [Read more…] about Elastic Path and Cymax Collaborate to Compose Commerce in Canada
News
Wellfield Set To Acquire Crypto Custodian Brane Trust
Toronto’s Wellfield Technologies announced today it has agreed to acquire Ottawa-based crypto custodian Brane for just under $10 million. Wellfield is traded on the TSX Venture Exchange. [Read more…] about Wellfield Set To Acquire Crypto Custodian Brane Trust
Shopify Launches Cashback Credit Card for Merchants
Hidden fees, convoluted benefits, and credit checks that tarnish credit scores can create frustration for business owners. [Read more…] about Shopify Launches Cashback Credit Card for Merchants
Pilot App Helps Day Traders Execute Market Strategies with AI
In an age of financial complexity, the need for sophisticated and intuitive trading tools is paramount.
Pilot Trading is a trading application that promises to transform the trading experience for day traders around the globe. [Read more…] about Pilot App Helps Day Traders Execute Market Strategies with AI
Fintechs in Canada Pay High Cost for Cyber Warfare
Earlier this year, retailer Indigo Books & Music took a major digital blow: the iconic Canadian giant’s e-commerce website was abruptly shut down due to a “cybersecurity incident.” [Read more…] about Fintechs in Canada Pay High Cost for Cyber Warfare
Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Canada is home to over eight million immigrants and will welcome nearly 1.5 million permanent residents over the next three years. More than 1 in 5 Canadian residents are foreign-born, and government figures show that more than 95% of the country’s population growth last year was due to international migration. [Read more…] about Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Helcim and Xero Partnership Revolutionizes Payments: ACH Bank Transfers Made Effortless for Small Businesses
Calgary-headquartered payments provider Helcim now offers ACH bank transfers through its app integration with global small business platform, Xero. [Read more…] about Helcim and Xero Partnership Revolutionizes Payments: ACH Bank Transfers Made Effortless for Small Businesses
Foxquilt Raises $12 Million to Expand Embedded Insurance Technology in North America
Toronto insurtech startup Foxquilt has raised a $12 million in Series B financing. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. [Read more…] about Foxquilt Raises $12 Million to Expand Embedded Insurance Technology in North America
Five Fintechs on Fire This Summer
Financial technology remains one of the hottest sectors in Canada as widespread digital transformation continues to sweep the nation.
Throughout the country, fintechs are innovating a new landscape for Canadians to manage, invest, and spend their money.
Below, we take a look at some of the fintechs making waves in Canada this summer. [Read more…] about Five Fintechs on Fire This Summer
Bold Commerce Partners with PayPal on Latest Fintech Innovation
Long before the Covid Pandemic swept the world, Bold Commerce was already one of Winnipeg’s fastest-growing and best-funded financial technology startups. [Read more…] about Bold Commerce Partners with PayPal on Latest Fintech Innovation