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
“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
Half of Canadians used less cash this last year than in the past, suggests a new survey highlighting the Pandemic-accelerated shift in payments culture.
Three-quarters of Canadians have used at least one emerging payment method in the last year, which includes cryptocurrency, digital cards, and “Buy Now, Pay Later” services. According to Mastercard’s New Payments Index, this figure is project to rise to 88% next year. [Read more…] about Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says
The past several years have been good to the global startup economy.
Following the last major recession in North America, venture capital ramped up through the 2010s. While the pandemic caused an abrupt halt, the momentum was not dispersed; it lingered at the door until the floodgates opened once again, and as a result 2021 set many records for startup financing in Canada. [Read more…] about Five Canadian Fintech Firms Still Hiring in Rough Seas
Helcim has given its card reader a makeover and now offers merchants a choice of vibrantly coloured stands with orders.
The colours are no coincidence—the stands come in the Helcim-brand tones of Pink, Purple, and Yellow. [Read more…] about Calgary’s Helcim Goes Vibrant with Latest Merchant Offering
Calgary’s Helcim raised a $16 million Series A funding round led by Toronto’s Information Venture Partners and New York’s Aquiline Technology Growth (ATG). [Read more…] about Helcim Raises $16 Million Series A Round To Expand Payments For Small Businesses
Calgary-headquartered payments company Helcim has announced the latest generation of its card reader for businesses looking to accept in-person payments. [Read more…] about Helcim’s Latest Generation of Hardware Gives Small Businesses an Affordable Payment Solution
The new service allows merchants to seamlessly accept payments directly from their customer’s bank accounts, alongside its great credit card payment tools. [Read more…] about Helcim Launches Bank Payments To Help Get Merchants Paid
Calgary-based payments company Helcim is getting rid of its $20 monthly fee for its merchant services.
The decision to remove the monthly fee reflects Helcim’s commitment to providing a better payments service and helping more small businesses compete with the giants in their industries. [Read more…] about Helcim Puts Money Back in Merchant’s Pockets by Dropping Its $20 Monthly Fee