Recent analysis from Statistics Canada shows that while e-commerce sales have stabilized since the pandemic boom, they remain well above pre-pandemic levels. [Read more…] about Poshmark Partners with Canada Post Amidst Rising Shipping Costs
News
Canadians Shift Toward Digital Banking with Eye on Security and Value
Although awareness of tech-forward banking remains low in Canada, recent research conducted by the Canadian Prepaid Providers Organization suggests a consumer shift among younger Canadians toward digital payments and banking, exposing a growing digital divide across demographic lines. [Read more…] about Canadians Shift Toward Digital Banking with Eye on Security and Value
Toronto’s Fractionum is One of Three Startups to Make PITCH Final at Collision 2023
The Collision conference’s PITCH competition brings together the world’s leading early-stage startups to battle it out onstage. [Read more…] about Toronto’s Fractionum is One of Three Startups to Make PITCH Final at Collision 2023
Propel, Pathward Partner to Provide Credit to Crunched Consumers
25% of Canadians are either unserved or underserved in the credit market, according to TransUnion’s “Empowering Credit Inclusion Global Report.” In some cases this is due to a lack of access to credit through traditional financial institutions. [Read more…] about Propel, Pathward Partner to Provide Credit to Crunched Consumers
Fintech Chexy Wins $50,000 at DMZ Pitch Event
Toronto Metropolitan University’s DMZ hosted the highly anticipated Insiders Event at the incubator’s headquarters in downtown Toronto yesterday. [Read more…] about Fintech Chexy Wins $50,000 at DMZ Pitch Event
Fintech Fortis Finds Footprint for Payments Platform in Canada
Payments paragon Fortis this month announced a foray into the Canadian market.
The move marks the financial technology firm’s first expansion beyond the United States. [Read more…] about Fintech Fortis Finds Footprint for Payments Platform in Canada
Financeit Strengthens Market Position with Acquisition of Loan Business
A prominent provider of point-of-sale financing within the Canadian fintech industry has acquired consumer loan business of the Simply Group. [Read more…] about Financeit Strengthens Market Position with Acquisition of Loan Business
Helcim Introduces Zero-Cost Credit Card Processing for Small Businesses
The debate to pass on credit card fees to consumers is a complicated decision for small business owners.
A recent study by CFIB discovered that nearly 20% of businesses are looking to surcharge their customers but navigating fee legislation can be a headache for an already busy small business owner. [Read more…] about Helcim Introduces Zero-Cost Credit Card Processing for Small Businesses
Canadian Shoppers Open Up to Fintech, AI
Last year’s EY Future Consumer Index Survey found that more than three-quarters of Canadians are concerned about finances as the cost of living continues to rise throughout the country. [Read more…] about Canadian Shoppers Open Up to Fintech, AI
6 Fintech Startups To Check Out At Collision
North America’s fastest-growing tech conference takes place in Toronto next week.
Collision brings together Fortune 500 companies, groundbreaking startups, and world-class speakers under one roof. But at its core, Collision is a startup conference and this year there are over 90 fintech startups from across Canada exhibiting. [Read more…] about 6 Fintech Startups To Check Out At Collision