San Francisco-headquartered fintech giant Plaid is planning to increase its focus on Canada, as the country’s impending implementation of an open banking system promises to accelerate the growth of third-party financial apps and services. [Read more…] about With Open Banking On The Horizon, Silicon Valley’s Plaid Looks To Canada
News
Bloom Launches Modern Home Equity Release Platform for 55+ Canadians
Toronto’s Bloom Finance has officially launched its home equity release platform for 55+ homeowners across Ontario.
Bloom looks to simplify the process of accessing home equity through a reverse mortgage, enhancing Canadians’ financial flexibility in retirement. [Read more…] about Bloom Launches Modern Home Equity Release Platform for 55+ Canadians
Insurtech Startup Foxquilt Raises $8 Million to Offer Customized Insurance for Small Businesses
Toronto insurtech startup Foxquilt has raised a $8 million Series A financing round led by Luge Capital. Also participating in the round were AmTrust Financial, Extreme Venture Partners, and Side Door Ventures. [Read more…] about Insurtech Startup Foxquilt Raises $8 Million to Offer Customized Insurance for Small Businesses
Neo Financial Raises $64 Million To Accelerate Growth
Calgary-headquartered fintech startup Neo Financial has raised a $64 million Series B fundraising round. This brings Neo’s total funding to $114 million, with Peter Thiel’s Valar Ventures leading both Series A and B rounds. [Read more…] about Neo Financial Raises $64 Million To Accelerate Growth
Helcim Launches Bank Payments To Help Get Merchants Paid
Calgary-headquartered payments company Helcim has launched Helcim Bank Payments.
The new service allows merchants to seamlessly accept payments directly from their customer’s bank accounts, alongside its great credit card payment tools. [Read more…] about Helcim Launches Bank Payments To Help Get Merchants Paid
Irwin Secures $20 Million To Modernize Capital Markets Software
Toronto’s Irwin has closed a $20 million Series A financing round led by K1 Investment Management.
Founded in 2017, Irwin creates simple solutions for global public companies and their advisors to uncover new potential investors and shareholders, with the end goal of delivering better stakeholder awareness, higher trading volumes, and more stable share prices. [Read more…] about Irwin Secures $20 Million To Modernize Capital Markets Software
New York Fintech Startup Jeeves Expands Into Canada
Armed with a major round of funding, New York-based fintech startup Jeeves is expanding in Canada.
The all-in-one expense management platform raised a USD $57 million Series B round led by CRV at a valuation of half a billion. [Read more…] about New York Fintech Startup Jeeves Expands Into Canada
National Bank of Canada Invests $103 Million in Montreal’s Flinks
National Bank of Canada has taken a majority stake in Montreal fintech startup Flinks after a $103 million investment that includes $30 million in growth capital to accelerate North America expansion. [Read more…] about National Bank of Canada Invests $103 Million in Montreal’s Flinks
Wealthsimple Cash Becomes First Canadian Payment Service Integrated Into Twitter’s Tip Jar
Twitter users making online transfers have a new, Canadian way of sending each other money. The San Fransico-based social media network announced that its Tip Jar is now handling payments made through Wealthsimple Cash. [Read more…] about Wealthsimple Cash Becomes First Canadian Payment Service Integrated Into Twitter’s Tip Jar
Interview with Nic Beique, CEO of Helcim
Click below to listen to an interview with Nic Beique, CEO of payments startup Helcim. [Read more…] about Interview with Nic Beique, CEO of Helcim