Small and medium-sized enterprises (SMEs) make up the vast majority of Canada’s business landscape, yet they remain chronically underserved by traditional banks. [Read more…] about Why Fintechs Are Doubling Down on SMEs
Peloton Technologies
Canadian Fintechs Forge Ahead with Funding Despite Negative Factors
Investment in Canadian financial technology firms slowed significantly through 2023, found KPMG’s latest Pulse of Fintech report. [Read more…] about Canadian Fintechs Forge Ahead with Funding Despite Negative Factors
Payments Platform Peloton Finds Funding as Fintech Seeks Growth
Peloton Technologies has announced the closing of a seed round.
The Victoria-based financial technology firm raised $2 million in investment, according to a recent statement from the company, which said that the funding is “earmarked for activities that contribute to the company’s rapid growth trajectory.” [Read more…] about Payments Platform Peloton Finds Funding as Fintech Seeks Growth
Peloton Acquires Fellow Fintech to Bolster Payments Platform
A financial technology firm based on Vancouver Island announced an acquisition this week.
Victoria-born Peloton Technologies, whose mission is to simplify payments, says it has acquired KIS Payments, a Canadian payments processor. [Read more…] about Peloton Acquires Fellow Fintech to Bolster Payments Platform
Peloton Technologies Secures Investment to Improve Digital Payments in Canada
In July, the Pacific Economic Development Agency of Canada announced an investment of $8.1 million in funding to help six Greater Victoria organizations boost innovation, drive business growth, and create new jobs and opportunities. [Read more…] about Peloton Technologies Secures Investment to Improve Digital Payments in Canada