As Canada’s crypto craze continues, Ontario-based decentralized finance startup Wellfield Technologies this week announced the closing of an acquisition. [Read more…] about Wellfield Acquires Tradewind to Advance Blockchain Tech in Precious Metals Market
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Koho Restructures Business Toward Profitability
Toronto-born KOHO Financial kicked 2022 off by closing a $210 million Series D funding round. [Read more…] about Koho Restructures Business Toward Profitability
How Artificial Intelligence Fuels Fintech in Canada
When we consider the technological transformation of the financial industry, it shares many parallels with other broad sectors facing similar digital disruption: lean startups sparking fires under stodgy incumbents; innovation altering markets in both predictable and unpredictable ways; everything-as-a-service. [Read more…] about How Artificial Intelligence Fuels Fintech in Canada
Five Fintech ‘Forces of Change’ for 2023
Banks are currently having to manage not only macro-economic and geopolitical change, but also profound, longer-lasting shifts that are driven by technological innovation, finds a recent report from Accenture. [Read more…] about Five Fintech ‘Forces of Change’ for 2023
Why Vancouver is a Fintech Market to Watch in 2023
When people think of “Finance” in Canada, minds go straight to Bay Street.
The same can be said for financial technology, where downtown Toronto houses the country’s largest hub of fintech startups by a wide margin. Ontario is home to a majority of Canada’s fintechs, including Shopify, Wealthsimple, Koho, Borrowell, and hundreds more. [Read more…] about Why Vancouver is a Fintech Market to Watch in 2023
Otter Hopes to Reduce Financial Friction for Self-Employed Canadians
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
Desjardins Selects Fiserv to Enhance Credit Card Program
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
Clearco’s Michele Romanow Steps Down Amid Latest Company Layoffs
Canadian financial technology firm Clearco is shedding more staff, reports revealed this week, as the e-commerce funding platform continues to struggle with downshifting markets. [Read more…] about Clearco’s Michele Romanow Steps Down Amid Latest Company Layoffs
Shining Examples of Strategic Partnerships in Canadian Fintech
In both the finance and technology worlds, strategic partnering with adjacent companies is common and necessary.
Both realms are far too complex for most incumbents, let alone startups, to encompass the whole of. [Read more…] about Shining Examples of Strategic Partnerships in Canadian Fintech
Brim Expands Partnership with CWB to Deliver Business Credit Card Program
Toronto-headquartered Brim Financial is expanding their partnership with Canadian Western Bank (CWB) with a new business credit card offering. [Read more…] about Brim Expands Partnership with CWB to Deliver Business Credit Card Program