Your Source for Canadian Fintech News
Toronto-bassed crypto lending firm Ledn is acquiring Arxnovum Investments, a regulated Canadian digital asset investment manager. Terms of the deal weren’t disclosed.
Arxnovum will be renamed Ledn Asset Management and operate as an independent business unit, enabling Ledn to offer digital asset investment products to its accredited client base both in Canada and globally. [Read more…] about Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
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
Communitech this month 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 Five Canadian Fintechs Ready for Billion-Dollar Revenue
Canadian entrepreneurs have played a fundamental role in shaping Web3 around the world, including founding some of the largest blockchain networks like Ethereum, Cosmos, and Flow, and many leading NFT platforms like NBA Top Shot and CryptoKitties. [Read more…] about Industry Leaders Establish New National Trade Association, Canadian Web3 Council
Toronto-based cryptocurrency lending platform Ledn has raised USD $30 million in Series A financing with hedge-fund billionaire Alan Howard joining the ranks of participating investors. [Read more…] about Ledn Raises $30 Million For Financial Services For Hodlers Of Digital Assets
