Investment into Canada’s financial technology sector clocked in at US$2.4 billion across 113 deals in 2025, according to data collected by PitchBook. [Read more…] about Wealthsimple Round Helps Fuel Fintech Activity as ‘Investment Appetite’ Grows
Ripple
Toronto’s Rail Acquired by Ripple in $200M Deal to Advance Stablecoin Payments
Toronto-based fintech Rail (formerly known as Layer2 Financial) has been acquired by Ripple in a $275 million deal that will see the companies combine forces to deliver the most comprehensive stablecoin-powered payments platform on the market. [Read more…] about Toronto’s Rail Acquired by Ripple in $200M Deal to Advance Stablecoin Payments
Crypto Leader Ripple To Open Engineering Hub in Toronto
Today at Collision Conference, San Francisco blockchain and crypto leader Ripple announced plans for a new office in Toronto that will serve as a key engineering hub. [Read more…] about Crypto Leader Ripple To Open Engineering Hub in Toronto