Banks are currently having to manage not only macro-economic and geopolitical change, but also profound, longer-lasting shifts that are driven by technological innovation, finds a recent report from Accenture. [Read more…] about Five Fintech ‘Forces of Change’ for 2023
News
Conquest Planning Secures $24 Million Series A to Power International Expansion
Conquest Planning today announced that it has closed a Series A round of capital.
The $24 million round was led by Fidelity International Strategic Ventures, according to a statement from the company, and joined by existing capital partner Portage Ventures as well as new investors BNY Mellon and RBC. [Read more…] about Conquest Planning Secures $24 Million Series A to Power International Expansion
Vencora Bolsters Fintech Portfolio with Acquisition of Quarzo
Last year, Ontario tech firm Volaris Group launched Vencora, a global division dedicated to acquiring and growing technology-enabled businesses powering the financial services industry. [Read more…] about Vencora Bolsters Fintech Portfolio with Acquisition of Quarzo
Why Vancouver is a Fintech Market to Watch in 2023
When people think of “Finance” in Canada, minds go straight to Bay Street.
The same can be said for financial technology, where downtown Toronto houses the country’s largest hub of fintech startups by a wide margin. Ontario is home to a majority of Canada’s fintechs, including Shopify, Wealthsimple, Koho, Borrowell, and hundreds more. [Read more…] about Why Vancouver is a Fintech Market to Watch in 2023
CoinSmart To Commence Legal Proceedings Against Coinsquare
Crypto asset trading platform CoinSmart has come to terms with the fact that its acquisition by Coinsquare is not going to happen, but it’s not happy. [Read more…] about CoinSmart To Commence Legal Proceedings Against Coinsquare
Levr.ai To Transform The Way Businesses Access And Manage Loans
Vancouver fintech startup Levr.ai has secured $1 million to transform the way businesses access and manage loans. [Read more…] about Levr.ai To Transform The Way Businesses Access And Manage Loans
Trulioo Launches New Global Identity Verification Platform
The surge in online shopping, mobile payments and digital currencies in recent years presents opportunities for innovation and growth.
But it also poses challenges for businesses to mitigate fraud and meet evolving regulations such as Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) requirements around the world. [Read more…] about Trulioo Launches New Global Identity Verification Platform
Fintel Connect Partners with MeridianLink to Enhance Growth for Financial Institutions
Vancouver’s Fintel Connect today announced a partnership with MeridianLink (NYSE: MLNK), a leading provider of cloud-based software solutions for financial institutions. [Read more…] about Fintel Connect Partners with MeridianLink to Enhance Growth for Financial Institutions
Montreal’s Blockstream Secures Capital to Expand Bitcoin Mining Operation
Bitcoin infrastructure firm Blockstream this month announced US$125 million in funding.
Blockstream secured a convertible note and secured loan financing to expand its institutional bitcoin mining services, according to a statement from the Montreal-based fintech. [Read more…] about Montreal’s Blockstream Secures Capital to Expand Bitcoin Mining Operation
Otter Hopes to Reduce Financial Friction for Self-Employed Canadians
The latest financial technology startup to launch in Canada is Otter, a platform targeting self-employed professionals and independent business owners in Canada. [Read more…] about Otter Hopes to Reduce Financial Friction for Self-Employed Canadians