Bitcoin infrastructure firm Blockstream this month announced US$125 million in funding.
Blockstream secured a convertible note and secured loan financing to expand its institutional bitcoin mining services, according to a statement from the Montreal-based fintech. [Read more…] about Montreal’s Blockstream Secures Capital to Expand Bitcoin Mining Operation
The latest financial technology startup to launch in Canada is Otter, a platform targeting self-employed professionals and independent business owners in Canada. [Read more…] about Otter Hopes to Reduce Financial Friction for Self-Employed Canadians
Toronto-headquartered Dye & Durham (TSX: DND) has enhanced its legal practice management software offering for the U.K. legal community with the acquisition of leading U.K-based software firm Insight Legal. [Read more…] about Dye & Durham Acquires U.K.’s Insight Legal to Grow its Global Practice Management Software Business
Canadians are concerned with the lack of control they have over their personal information online.
According to a new survey from Interac, published during Data Privacy Week, nearly eight in 10 Canadians (76 per cent) are worried about protecting their online privacy, and seven in 10 (74 per cent) want more control over their online information. [Read more…] about Control Is Top Of Mind For Canadians When It Comes To Online Personal Information
Less than one year after launching a cryptocurrency hub to help educate investors, Purpose Investments is terminating one of their crypto investment options. [Read more…] about Purpose Investments Terminates Crypto Opportunities ETF
Desjardins Group will transition its credit card processing to Fiserv, a leading global provider of payments and financial services technology solutions.
Desjardins Group is the largest financial cooperative in North America. Desjardins will be the first, large-scale issuer deployment for Fiserv in Canada. [Read more…] about Desjardins Selects Fiserv to Enhance Credit Card Program
8Twelve Financial Technologies recently entered into an agreement with Dwello Payments, a fellow Toronto fintech platform that helps renters and others build credit.
As part of the agreement, Toronto’s 8Twelve Financial will provide its digital-based mortgage solutions to Dwello. [Read more…] about Mortgage Disruptor 8Twelve Brings INFIN8 Platform to Fellow Fintech Dwello
Recent CashTech Innovation Awards winner Clip Money this month announced ambitious expansion plans for 2023.
Based in Toronto, Clip is a cash deposit solution that “brings fast, convenient, cost-effective financial services transactions to business customers.” [Read more…] about Clip Money Prioritizes Partnerships as ‘Ambitious Expansion Plan’ Ramps Up
Last year, ZayZoon participated in Montreal’s Financial Health Lab, which assists fintech startups that use technology to help improve the financial lives of Canadians by making financial products and services more affordable. [Read more…] about Calgary’s ZayZoon Empowers Employees with Payroll Perk
A financial technology startup targeting international students has launched from Alberta.
InTuitionPay is a “fintech company that helps international students from Africa pay for their tuition fees abroad in a timely manner and connect with other students,” according to cofounder and chief executive Tinashe Mutamangira. [Read more…] about Canadian Fintech Startup InTuitionPay Launches Mobile App Targeting Students from Africa
