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
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
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
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
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
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
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
This week, CIBC, TD, and RBC reported a 100% increase of profit for Q1 of 2021 compared to the same period last year, while BMO has almost doubled their profit.
Currently, 53% of Canadians live paycheque to paycheque. [Read more…] about KOHO Launches Initiative To Help Canadians Fight Bank Fee Increases
Canadian challenger bank KOHO continues to disrupt the personal finance space, announcing today the launch of their first Credit Building product. KOHO Credit Building reports all activity to TransUnion®, one of the two major reporting bureaus in Canada. [Read more…] about KOHO Launches Credit Building for Canadians
Canadians can now turn to challenger bank KOHO to help pay expenses on time and avoid fees and interest.
KOHO launched an Early Payroll feature today to their entire user base, which provides users free access to $100 of their paycheque 3 days before the scheduled payday. [Read more…] about KOHO Launches Free Early Payroll Feature
