Payments Canada has admitted five new payment service provider (PSP) members—Wise, Float, KOHO, Paramount Commerce, and Brim—marking another step in opening Canada’s core payments infrastructure to fintechs ahead of the launch of the Real-Time Rail (RTR). [Read more…] about Brim, Float, Koho, Paramount, and Wise Join Payments Canada
Koho
KOHO Takes a ‘Major Step Forward’ as Registered Payment Service Provider
KOHO announced this month that it is among Canada’s first financial technology firms to become an officially registered Payment Service Provider under the country’s Retail Payment Activities Act. [Read more…] about KOHO Takes a ‘Major Step Forward’ as Registered Payment Service Provider
Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
Canadian fintech companies took centre stage in Deloitte Canada’s 2025 Technology Fast 50 program, which celebrates the country’s fastest-growing technology innovators. Now in its 28th year, the program recognizes entrepreneurial excellence and the resilience driving Canada’s innovation economy. [Read more…] about Fintech Firms Lead Deloitte’s 2025 Technology Fast 50 Rankings
As Cost of Living Rises in Canada, KOHO Simplifies Shared Money Management
KOHO today announced the launch of Joint accounts.
The Canadian fintech stated that the launch responds to a growing demand for smarter tools to manage money, “particularly among younger Canadians navigating affordability pressures.” [Read more…] about As Cost of Living Rises in Canada, KOHO Simplifies Shared Money Management
Canada Fintech Forum Returns to Help Sector ‘Navigate Next Era of Innovation’
Building upon last year’s successful event, the annual Canada Fintech Forum returns again for a 2025 edition on September 22 and 23. [Read more…] about Canada Fintech Forum Returns to Help Sector ‘Navigate Next Era of Innovation’
KOHO Diversifies Product Lineup with Launch of International Money Transfers
Toronto’s KOHO has launched an International Money Transfer feature as the Canadian fintech continues to diversify its offerings. [Read more…] about KOHO Diversifies Product Lineup with Launch of International Money Transfers
Canada Post Launches MyMoney Account Nationwide, Expanding Financial Services for Canadians
Canada Post is expanding its financial services offerings with the national launch of the Canada Post MyMoney™ Account, a new spending and savings account designed to improve financial accessibility for Canadians. [Read more…] about Canada Post Launches MyMoney Account Nationwide, Expanding Financial Services for Canadians
Karla Rent Helps Credit Unions Build Financial Inclusion
Toronto’s Karla Rent is officially emerging from stealth mode with a mission to empower credit unions with cutting-edge financial wellness tools that help them compete with big banks. [Read more…] about Karla Rent Helps Credit Unions Build Financial Inclusion
Fintech Leans Rightward as ‘Build Canada’ Campaign Envisions ‘Bolder, Richer Country’
An army comprised of some of Canada’s biggest names in financial technology has launched a digital campaign encouraging the nation’s entrepreneurs to envision a “bolder, richer, freer country.” [Read more…] about Fintech Leans Rightward as ‘Build Canada’ Campaign Envisions ‘Bolder, Richer Country’
Prevalent ‘Screen Scraping’ in Canadian Fintech a Symptom of Open Banking Void
Half of Canada’s major banking institutions provide features that use “screen scraping,” a widely scrutinized practice, a new report has found. [Read more…] about Prevalent ‘Screen Scraping’ in Canadian Fintech a Symptom of Open Banking Void