A Canadian company merging open banking and instant payments through an all-in-one gateway has raised a round of capital from a US investor as it eyes expansion south of the border. [Read more…] about Zūm Rails Raises $10M to Facilitate Open Banking Across North America
News
Following Bear Market Bashing, Balance Rebuilds Assets Under Custody to $2B
In 2022, Canadian crypto custodian Balance celebrated its fifth anniversary with $500 million of assets under custody. [Read more…] about Following Bear Market Bashing, Balance Rebuilds Assets Under Custody to $2B
Round13 Digital Asset Fund Surges Ahead Despite Market Downturn
Round13 Digital Asset Fund (DAF), Canada’s only crypto native fund with a unique open-ended structure, today announced gains in excess of 40% since its launch in April 2022, amid a challenging market environment. [Read more…] about Round13 Digital Asset Fund Surges Ahead Despite Market Downturn
Levr.ai Raises Additional $1 Million for North American Expansion in Small Business Loan Software
Vancouver’s Levr.ai has raised another $1 million, building on the momentum of its previously announced funding in 2023. This brings Levr.ai’s total funding to over $2.5 million. [Read more…] about Levr.ai Raises Additional $1 Million for North American Expansion in Small Business Loan Software
Purpose Investments Marks Three-Year Anniversary of the World’s First Bitcoin ETF
Three years ago Purpose Investments made history by launching the Purpose Bitcoin ETF (TSX: BTCC), the world’s first Bitcoin ETF backed by physically settled Bitcoin. [Read more…] about Purpose Investments Marks Three-Year Anniversary of the World’s First Bitcoin ETF
Fintech Nuvei Shows How Payment Optimization Can Boost E-Commerce
The results of a recent study conducted by a Canadian financial technology firm suggests that strategic payment optimization can significantly enhance the revenue of e-commerce businesses. [Read more…] about Fintech Nuvei Shows How Payment Optimization Can Boost E-Commerce
Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
Identity platform Trulioo announced today partnership with an organization that Forbes recently named the best online bank in Canada (and not for the first time). [Read more…] about Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
Float Unveils $50M Partnership with Silicon Valley Bank to Support Growth
Float is flying into 2024 with fervour.
The financial technology startup was established by Griffin Keglevich and Ruslan Nikolaev, two graduates of Waterloo’s computer science and business programs, in 2019. [Read more…] about Float Unveils $50M Partnership with Silicon Valley Bank to Support Growth
Canadian Fintech Firm Zafin Acquired by Europe’s Nordic Capital
Zafin has been acquired by Sweden’s Nordic Capital, the companies announced this week.
Founded in 2002, Toronto-born financial technology firm Zafin offers a software-as-a-service platform for banks and other financial institution, including CIBC, HSBC, and Wells Fargo. [Read more…] about Canadian Fintech Firm Zafin Acquired by Europe’s Nordic Capital
Alberta Fintechs Ready to Showcase Innovation, Momentum at SXSW
Established in 1987, SXSW takes over Austin, Texas each March.
Part tech conference and part music festival, the iconic annual affair is known for celebrating with gusto the vibrant convergence of technology, art, and culture. [Read more…] about Alberta Fintechs Ready to Showcase Innovation, Momentum at SXSW