German insurer and asset manager Allianz has led a $100 million investment round in Wealthsimple. Continue reading “Wealthsimple Raises $100 Million Funding Round Led by Allianz”
Wealthsimple Raises $100 Million Funding Round Led by Allianz
KOHO Raises $42 Million in Series B Round
KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. Continue reading “KOHO Raises $42 Million in Series B Round”
BMO Announces New Technology & Innovation Banking Group
Canada’s technology sector is growing quickly and to help companies compete and grow in this burgeoning sector, BMO has introduced its Technology & Innovation Banking Group. Continue reading “BMO Announces New Technology & Innovation Banking Group”
RBC Launches AI-powered Budgeting App
Creating and sticking to a budget is key to financial success, but it can also result in feelings of stress and anxiety for many Canadians. Continue reading “RBC Launches AI-powered Budgeting App”
Vancouver’s Lendesk Acquired by Quicken Loans’ Parent
Rock Holdings, the parent company of Quicken Loans, has acquired a majority stake in Vancouver’s Lendesk , a fintech startup that provides technology to connect mortgage brokers with the country’s top lenders. Continue reading “Vancouver’s Lendesk Acquired by Quicken Loans’ Parent”
Wave and Visa Join Forces to Improve Cash Flow for Small Businesses
Toronto-headquartered Wave has partner with Visa to launch a new limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. Continue reading “Wave and Visa Join Forces to Improve Cash Flow for Small Businesses”
Toronto-based Fintech Lendified Secures $15 Million to Support its Growth
Toronto’s Lendified announced today that it has successfully closed a $15 million funding round with institutional and private investors. Continue reading “Toronto-based Fintech Lendified Secures $15 Million to Support its Growth”
Canadian Fintech Summit 3.0 Pitch Battle Winners Crowned
Thirty of the best fintech and AI startups participated in a Pitch Battle yesterday at the fourth annual Canadian Fintech 3.0 Summit in Toronto with a chance to win an investment prize of over $100,000. Continue reading “Canadian Fintech Summit 3.0 Pitch Battle Winners Crowned”
Mastercard Acquires Toronto-based Fintech Ethoca
Mastercard is acquiring Ethoca, a Toronto-based fintech company that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce. Continue reading “Mastercard Acquires Toronto-based Fintech Ethoca”
Canadian Fintech Summit Returns to Toronto
Fintech is no longer about digitizing existing financial products. It’s about integrating financial services into applications and services you use every day. Add in the power of AI and you have a recipe for global success. Continue reading “Canadian Fintech Summit Returns to Toronto”