Technology has carved a great divide in Canada.
While many older Canadians still bank almost exclusively in-person at brick-and-mortar institutions, a majority of the nation’s younger investors are managing their financial assets using entirely digital processes supported by financial firms that often don’t even attempt to offer physical branches. [Read more…] about Wealthsimple CEO Unveils Ambitious Five-Year Target for Growth
Last week, financial technology firm Nuvei unveiled a virtual white-labelled card issuing solution launching in 30 markets globally. [Read more…] about Nuvei Launches Card Issuing, Partners with Microsoft on Payments
A Toronto-based company developing artificially intelligent financial technology this week announced a “significant enhancement” to its flagship product.
The fintech, QuantGate Systems, is referring to Pilot Trading, which uses AI to place traders ahead of broader market sentiments. [Read more…] about Pilot Trading Expands Crypto Capabilities with Coinbase Integration
In a move to improve financial management for small and medium-sized enterprises across Canada, Square recently launched Balance Folders in Canada.
The new feature from payments innovator Square allows allows business owners to automatically manage cash flow and set aside funds for specific needs, be it taxes, payroll, or expansion. [Read more…] about Square’s Balance Folders Transform Financial Management for Canadian SMEs
As the 2023 holiday season approaches, a recent survey found that economic inflation in Canada has triggered a damper effect on the gift-giving plans of many.
According to data gathered by Toronto-based global customer engagement and business insights platform Givex for its annual Holiday Gift Card Survey, finances in Canada are tight and as a result most intend to spend less on gifts this year than in 2022. [Read more…] about ‘Buy Now, Pay Later’ Spurs Extra Spending on Black Friday, Cyber Monday
Following a nation-wide expansion in 2022, HonestDoor entered 2023 as an Alberta startup to watch.
As the year comes to a close, HonestDoor this month unveiled a new service set to further shake up Canada’s real estate industry. [Read more…] about HonestDoor Adds New MLS Feature to Canadian Real Estate Platform
A Canadian point-of-sale lending platform this week unveiled a succession plan for its executive team going into 2024. [Read more…] about Expanding Financeit to Shuffle Executive Team Following Acquisition
Montreal headquartered Shakepay has launched everyday payments for all customers – direct deposit, pay bills, e-transfer to friends and rewards for regular account activity – reflecting customer demand for an easy to use, affordable way to manage their money. [Read more…] about Shakepay Revolutionizes Everyday Payments: Direct Deposit, Bill Payments, and Bitcoin Rewards for Canadians
Peloton Technologies has announced the closing of a seed round.
The Victoria-based financial technology firm raised $2 million in investment, according to a recent statement from the company, which said that the funding is “earmarked for activities that contribute to the company’s rapid growth trajectory.” [Read more…] about Payments Platform Peloton Finds Funding as Fintech Seeks Growth
In 2018, Texas-based real estate technology platform OJO Labs tested the waters of the Canadian market through a partnership with the Royal Bank of Canada’s venture arm. [Read more…] about Houseful Guides Canadians Through ‘Twists and Turns’ of Homeownership
