Your Source for Canadian Fintech News
In recent years we have seen a surge of activity in the financial technology sector, globally and across Canada.
Fintech business models are more compelling than ever, especially in areas such as cryptocurrency, decentralized finance, investing, insurance, lending, and payments. [Read more…] about What Our Experts Are Saying About Financial Technology Innovation in Canada
The Covid-19 pandemic changed a lot of things about the way we live including how consumers treat their personal finances. To help Canadians face the economic downturn back in 2020, Hardbacon was transformed into a free app, and quickly evolved to include planning and budgeting features, as well as financial product comparison tools. [Read more…] about Q+A with Hardbacon CEO Julien Brault On Innovation In Personal Finances
From nearly 50 applicants and two dozen selected companies, the inaugural Digital Commerce Bank Calgary Fintech Award are nearing the homestretch with just 11 finalists now competing for the crown title. [Read more…] about Calgary Fintech Awards Narrow to 11 Finalists as Competition Intensifies
FrontFundr this week announced a significant growth milestone.
The Toronto-based equity crowdfunding platform says that is has surpassed 100 successful campaigns which have processed over $150 million in investments for startups in Canada. The fintech launched in 2015. [Read more…] about Celebrating Major Milestone, FrontFundr Launches Campaign Allowing Canadians to Invest in Platform
A Montreal-based fintech startup announced recently that it has joined the Canadian Lenders Association, a national non-profit organization representing innovative lenders across the country. [Read more…] about Montreal Fintech Startup Hardbacon Joins Canadian Lenders Association
This summer, Canadian-based financial technology companies have been competing for Western Canada’s first major Fintech Award. [Read more…] about Two Dozen Canadian Fintechs You Can’t Afford to Ignore
According to data from Montreal-based financial technology startup Hardbacon, over half of Canadians don’t have a budget and many want to invest but are not confident enough. [Read more…] about Montreal’s Hardbacon Sees Success with Oversubscribed Crowdfunding Campaign
Hardbacon this week launched an equity crowdfunding campaign through the FrontFundr portal where it has secured more than $400,000 in the first 24 hours. [Read more…] about Montreal’s Hardbacon Finds Success with Equity Crowdfunding
Montreal’s Hardbacon has acquired Simplerate.ca, consolidating its position in the rewards and credit cards space in Canada. Financial terms of the deal were not disclosed. [Read more…] about HardBacon Acquires Simplerate.ca To Expand Its Credit Cards And Rewards Content Offering
Slowly but surely over the past few decades, Canada has transitioned into a nation of oligopolies (industries that are dominated by just a few companies). This is evident in the telecommunications and airline industries where consumers only have a few companies to choose from. It’s also incredibly noticeable in the financial sector, where the five largest banks own a whopping 89% of the total market. [Read more…] about Why The Bundled Financial Services Era In Canada Is Over
