The year featured several sizeable Fintech startup funding rounds, including $61 million for Propel Holdings; $64 million for Neo Financial; $44 million for Properly; $72 million for Bench; and nearly $300 million for Fraction Technologies in Vancouver. [Read more…] about What Downturn? These Canadian Fintech Innovators Want to Bolster Their Workforce with New Talent
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Report Finds ‘Unified Commerce’ Key to Post-Pandemic Growth for Retailers in Canada
Digital transformation represents a trillion-dollar opportunity for the industry, according to KPMG. And in the face of the global pandemic, Canadian businesses experienced a new age of digital adoption unlike ever before. [Read more…] about Report Finds ‘Unified Commerce’ Key to Post-Pandemic Growth for Retailers in Canada
Five Fintech Firms Hiring Canadian Tech Talent Today
The past several years have been good to the global startup economy. 2021 set many records for startup financing in Canada.
The year included many sizeable fintech rounds, such as $61 million for Propel Holdings; $64 million for Neo Financial; $44 million for Properly; $72 million for Bench; and nearly $300 million for Fraction Technologies in Vancouver. [Read more…] about Five Fintech Firms Hiring Canadian Tech Talent Today
Shopify Unveils ‘Collabs,’ a Platform Designed to Financially Empower Solo Creators
The total size of the creator economy is estimated to be worth over $100 billion. And yet most creators struggle to financial independence, or even to generate income at all.
Shopify wants to amplify solo creators through its latest feature, Collabs. [Read more…] about Shopify Unveils ‘Collabs,’ a Platform Designed to Financially Empower Solo Creators
Qui Launches From Stealth with Seed Funding to Decentralize Identity
Toronto-born financial technology startup Qui Identity has officially emerged from stealth following a seed round.
The $6.5 million in seed funding was led by Round13 Digital Asset Fund, with participation from Wittington Ventures, OMERS Ventures, and private investors. [Read more…] about Qui Launches From Stealth with Seed Funding to Decentralize Identity
Visa Brings Brings Contactless Payments to GO Transit, UP Express in Toronto
In 2018, Visa Canada delivered contactless payments to Metro Vancouver’s public transportation system.
“Visa is focused on re-imagining the future of payments and investing in technology to bring future-forward, seamless payment experiences to consumers nationwide,” stated Brian Weiner, Vice President and Head of Product, Visa Canada, at the time. [Read more…] about Visa Brings Brings Contactless Payments to GO Transit, UP Express in Toronto
Seven Fintechs Innovating the Payments Space in Canada
“Hold on, I think I’ve got another penny in one of these pockets…”
It was only a couple of decades ago where paying with paper (not even polymer!) and metal coinage was the go-to. A common alternative, hardly touched today outside of legacy business, was the classic cheque. Cash registers for point-of-sale transactions were hefty, clunky blocks. Only fancy business folk had credit cards and even then used them sparingly. [Read more…] about Seven Fintechs Innovating the Payments Space in Canada
Six Fintechs Helping Canadians Build Credit and Secure Capital
Establishing a credit history and maintaining a respectable credit score is an important aspect of living well in modern society.
That is because those with good credit have access to more financial services—and often at better rates, too. [Read more…] about Six Fintechs Helping Canadians Build Credit and Secure Capital
Balance Unveils Tool That Streamlines Regulatory Compliance For FINTRAC Reporting
Toronto digital asset custodian Balance has unveiled Balance Compliance, a turnkey solution which streamlines regulatory compliance for FINTRAC reporting entities dealing in virtual currency such as money services businesses (MSBs). [Read more…] about Balance Unveils Tool That Streamlines Regulatory Compliance For FINTRAC Reporting
Canadian Fintech Wagepoint Adds HR to Product Stack with Latest Acquisition
Wagepoint is acquiring Chicago-based people management software platform KinHR.
The Ontario-born Wagepoint will rebrand KinHR to “People by Wagepoint” as the Canadian company aims to create a single solution that automates payroll, time and attendance, and human resource tasks. [Read more…] about Canadian Fintech Wagepoint Adds HR to Product Stack with Latest Acquisition