SureBright this month secured a USD$2.5 million pre-seed round.
The insurance technology startup raised the capital from Motivate Ventures, with participation from Panache Ventures, InsurTech Fund NYC, and other investors, according to BetaKit. [Read more…] about SureBright Raises Pre-Seed Round to Advance Insurtech Solution in Canada
Toronto-based financial technology firm CapIntel this week announced a new partnership with NEI Investments.
NEI, a wholly-owned subsidiary of Canadian independent wealth management firms Aviso Wealth, will employ CapIntel’s fintech solutions to streamline sales operations and enhance the use of fund data. [Read more…] about Toronto’s CapIntel Unveils Latest Partnership in Fintech Space
In the startup ecosystem, women founders are less likely to receive financing than men, says Google, which is the reasoning behind its Accelerator for Women Founders. [Read more…] about Canadian Social FinTech Blossom Secures Spot in Google Accelerator for Women-Led Startups
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
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
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
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
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
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
“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
