DMG Blockchain Solutions announced today that it has begun installation of its own 85-megawatt capacity transformer and electrical substation, which will power the expansion of DMG’s flagship cryptocurrency mining facility. [Read more…] about DMG Blockchain Expands Crypto Mining with 85-Megawatt Substation
Laser Network, which acts as a SWIFT-like system for cryptocurrencies, has welcomed Ethereum advisor Sukhveer Sanghera to its advisory board. [Read more…] about Sukhveer Sanghera Joins Laser Network
Netcoins (CSE:NETC) announced today that that it has completed over $2 million in transactions in a single day. The $2 million daily transaction is another key milestone for Netcoins as they continue to attract crypto miners, crypto funds and institutional investors to use their services alongside their retail customer base. [Read more…] about Netcoins Hits $2 Million in Daily Transactional Revenue
A strategic partnership announced today between Central 1 and Agility Forex allows Central 1 to offer a low-cost, innovative foreign exchange service to their clients, as well as Canadian credit unions and their members. [Read more…] about Central 1 Partners with Agility Forex
Shopify announced a new partnership with Nest today. Shopify merchants using Nest Cams can now access camera footage via the newly released Store Cam for Shopify app and purchase Nest Cams and Google Wifi routers directly from the Shopify Hardware Store. [Read more…] about Shopify Announces Nest as Key Technology Partner in Retail
Equifax and Thinking Capital today announced the launch of BillMarket, an innovative solution that brings together a small business credit grade and financing application designed specifically for Canadian small businesses. [Read more…] about Equifax and Thinking Capital Team Up for BillMarket
Montreal startup Flinks has raised a $1.75 million round from National Bank and Luge Capital.
Flinks’ financial API allows users to synchronize their banking information with the app of their choosing in the savings, investment, and cryptocurrency sectors. A number of large financial service providers, including TransferWise, Wealthsimple and ATB Financial, are already using its platform.
Flinks is a leading open banking enabler in Canada and currently connects almost 200 fintechs and banks in Canada, U.S. and Europe to over 250 million financial accounts.
This investment round will be used to accelerate growth and market an AI-powered risk assessment solution based on the transaction habits of end-users and the health of their financial accounts.
Innostart Capital, Panache, iNovia Capital and Conconi Growth Partners, also participated in the financing round.