A Canadian web3 company recently announced a $10 million commitment toward promoting a balance of sexes within the blockchain community. [Read more…] about Bitget Commits $10 Million to Empower Females in Blockchain Tech Industry
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Jennifer Tramontana on the Rise of Prepaid Solutions in Canada’s Fintech Ecosystem
Prepaid financial services are thriving in Canada, with collaboration between financial institutions and fintech companies leading to innovative solutions. [Read more…] about Jennifer Tramontana on the Rise of Prepaid Solutions in Canada’s Fintech Ecosystem
Human Element Remains Important to Investors as Tech Takes Over: Report
Canadian investors are mostly satisfied with their financial advisor, a recent survey found, but there remains room for improvement in key areas. [Read more…] about Human Element Remains Important to Investors as Tech Takes Over: Report
Requity Homes Raises $26M to Power Rent-to-Own Pipeline Across Canada
A property technology firm based in Toronto today announced the closing of $26 million in equity and debt financing.
On a mission to make homeownership more accessible, Requity Homes secured capital from Highline Beta, Boardwalk Investment, Conconi Growth Partners, the Archangel Adrenaline Fund, and an array of angel investors—including financial services executive Mike Dobbins, who joins Requity’s board of directors. [Read more…] about Requity Homes Raises $26M to Power Rent-to-Own Pipeline Across Canada
Feeling Undervalued, Fintech to ‘Remain Active’ with Buyback Program
A longstanding Canadian financial technology company unveiled this month that it bought back nearly half a million company shares in 2023. [Read more…] about Feeling Undervalued, Fintech to ‘Remain Active’ with Buyback Program
Fintech Webull Charges into Canada with AI-Powered Trading and More
A Wall Street fintech firm is finally bringing its brokerage business North of the border.
New York trading platform Webull already operates in many countries, providing tens of millions of users access to equity trading and other financial tools. [Read more…] about Fintech Webull Charges into Canada with AI-Powered Trading and More
Confirm Wants to Help Canadians Trust Online Marketplaces Again
Worldwide, more than one billion people buy, sell, and trade on Facebook Marketplace every month.
It’s a wildly popular platform, but fraud runs rampant, with one in six consumers reporting being the victim of a Marketplace scam. [Read more…] about Confirm Wants to Help Canadians Trust Online Marketplaces Again
As Investors Exercise Caution, AI Still a Magnet for Capital in Canada
The current magic formula for capital fundraising is proven profitability with a dash of AI.
Venture capital is flowing toward companies able to demonstrate profitability, a new report finds, as investment volumes maintain a downward slope from their mid-Pandemic peak. [Read more…] about As Investors Exercise Caution, AI Still a Magnet for Capital in Canada
KOHO Raises an Additional $86 Million and Surpasses One Million Users
KOHO Financial announced today that it successfully raised an additional $86 million in a series D extension at an $800 million valuation and has surpassed one million users. [Read more…] about KOHO Raises an Additional $86 Million and Surpasses One Million Users
Toronto Fintech Recognized by Gartner for AI-Powered Banking Solution
Since spinning out of Deloitte in 2020, Arteria has experienced significant momentum, including a tripling of recurring revenue within the past year.
The Toronto-based financial technology firm has also raised $50 million toward its mission of improving documentation processes at scale using generative artificial intelligence. [Read more…] about Toronto Fintech Recognized by Gartner for AI-Powered Banking Solution