For decades—actually, about a century—little transformation occurred throughout the makeup of Canada’s financial sector. The same familiar faces became “The Big Five,” a title crowned with an air of Mount Rushmore-like permanence. [Read more…] about Next-Gen Fintechs Set Canada’s Future Stage Among Trends Impacting Finance
Koho
Fintechs Canada Appoints Seven New Board Members to Drive Innovation and Policy
Established in May 2019 as a not-for-profit member association, Fintechs Canada serves as the collective voice for fintechs in Canada. [Read more…] about Fintechs Canada Appoints Seven New Board Members to Drive Innovation and Policy
KOHO Becomes Presenting Partner of the 2024 NBA Playoffs in Canada
Canadian fintech darling KOHO Financial is now an official partner of the NBA, presenting the 2024 NBA Playoffs in Canada.
The collaboration marks the league’s first partnership with the Canadian fintech. [Read more…] about KOHO Becomes Presenting Partner of the 2024 NBA Playoffs in Canada
KOHO To Become a Bank, Teams Up With Ex-Tangerine CEO for Canadian License
Late last year KOHO Financial announced 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 To Become a Bank, Teams Up With Ex-Tangerine CEO for Canadian License
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
12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada. [Read more…] about 12 Canadian Fintechs Acknowledged on Deloitte’s Technology Fast 50
Koho Restructures Business Toward Profitability
Toronto-born KOHO Financial kicked 2022 off by closing a $210 million Series D funding round. [Read more…] about Koho Restructures Business Toward Profitability
With Awareness of Competition Low, Canadians Slow to Adopt Financial Technology
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
These Six Canadian Fintech Firms Are on Track for Billion-Dollar Revenue
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
Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says
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