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With Awareness of Competition Low, Canadians Slow to Adopt Financial Technology

December 2, 2022 by Knowlton Thomas Leave a Comment

I wear a fitness tracker, wield a tablet, and invest from my phone. Pretty standard stuff, right?

On the whole, I consider myself to be rarely at the forefront of cutting-edge technology. Very few things do I “early adopt.” I know this and I am okay with it. [Read more…] about With Awareness of Competition Low, Canadians Slow to Adopt Financial Technology

Filed Under: News Tagged With: Koho, Leger, Neo Financial, Royal Bank of Canada, Tangerine, Wealthsimple

These Six Canadian Fintech Firms Are on Track for Billion-Dollar Revenue

October 15, 2022 by Knowlton Thomas Leave a Comment

Earlier this summer, Communitech unveiled the first ever Team True North. The Kitchener-based hub for entrepreneurship created the list to spotlight “the best of Canadian tech”—which by their measure is defined as high-performing tech firms tracking to $1 billion in annual revenue with growth rates that match the top 1% of companies in the world. [Read more…] about These Six Canadian Fintech Firms Are on Track for Billion-Dollar Revenue

Filed Under: News Tagged With: Bench, Borrowell, Brim Financial, Communitech, Koho, Neo Financial, Versapay

Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says

July 27, 2022 by Knowlton Thomas Leave a Comment

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

Filed Under: News Tagged With: Dello, Helcim, Koho, Mash, Mastercard

State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms

July 22, 2022 by Knowlton Thomas Leave a Comment

The second quarter of 2022 wasn’t so hot for investment in Canada’s financial technology sector, a new report has found.

CB Insights’ latest State of Fintech report revealed a drop in total deals and total funding. Quarter-over-quarter, funding was down roughly 75%. Year-over-year analysis arrives at a similar figure. [Read more…] about State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms

Filed Under: News Tagged With: CB Insights, Delphia, Flahmingo Investments, Koho, MeetAmi, NACO, Neo Financial

KOHO Taps Mastercard to Offer Canadians Faster Payments

July 15, 2022 by Knowlton Thomas Leave a Comment

Toronto-born KOHO Financial kicked the year off by closing a $210 million Series D funding round.

“I think our growth is evidence that Canadians are looking for something different,” Daniel Eberhard, founder of KOHO, said at the time. [Read more…] about KOHO Taps Mastercard to Offer Canadians Faster Payments

Filed Under: News Tagged With: Koho, Mastercard

The Best Workplaces in Canadian Fintech

May 9, 2022 by Robert Lewis Leave a Comment

No one should be surprised to learn that Toronto continues to be Canada’s leader for fintech opportunities and now we know that Toronto’s fintechs are among the Best Workplaces in Canada. [Read more…] about The Best Workplaces in Canadian Fintech

Filed Under: News Tagged With: Bitbuy, Borrowell, FreshBooks, Irwin, Koho, Moves, Newton, Properly, Wave

Portage Ventures Closes USD $616 Million For Third Fintech Fund

March 10, 2022 by Fintech Newsdesk Leave a Comment

Canada’s own Portage Ventures announced the sixth closing of Portage Ventures III LP, its third venture fund focused on fintech investments in the United States, Canada and Europe. [Read more…] about Portage Ventures Closes USD $616 Million For Third Fintech Fund

Filed Under: News Tagged With: Koho, Portage Ventures, Wealthsimple

KOHO Secures One of Canada’s Largest Fintech Funding Rounds with $210 Million Series D

February 1, 2022 by Fintech Newsdesk Leave a Comment

Toronto-headquartered KOHO announced today that it has closed a C$210 million Series D funding round led by Greenwich, Connecticut’s Eldridge and including additional investments by HOOPP, Round13, and BDC. [Read more…] about KOHO Secures One of Canada’s Largest Fintech Funding Rounds with $210 Million Series D

Filed Under: News Tagged With: Koho

KOHO Levels Up Their Cash Back Incentive For Canadian Gamers

November 29, 2021 by Fintech Newsdesk Leave a Comment

Canadian Fintech, KOHO, has launched a new cash back offer for gamers in Canada aptly termed Game On.

[Read more…] about KOHO Levels Up Their Cash Back Incentive For Canadian Gamers

Filed Under: News Tagged With: Koho

KOHO Launches Instant Pay Ushering In A New Era Of Payroll Infrastructure

August 11, 2021 by Fintech Newsdesk Leave a Comment

KOHO is making everyday a pay day for individuals all over the country.

Furthering their commitment to equip all Canadians with control over their finances, the Toronto-based fintech has launched Instant Pay with select partners and users. [Read more…] about KOHO Launches Instant Pay Ushering In A New Era Of Payroll Infrastructure

Filed Under: News Tagged With: Koho

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