Your Source for Canadian Fintech News
Ottawa-based e-commerce pioneer Shopify has a storied past—one primarily of success and innovation in Canada.
After going public, Shopify’s stock price knew only one direction for years: up. [Read more…] about Why Shopify is Cancelling Meetings in 2023
The storied e-commerce pioneer from Ottawa continues to innovate.
Although the typically clever company this year lost a bet that forced significant layoffs, Tobi Lütke and his crew across Canada appear unwilling to be demoralized. [Read more…] about At Forefront of Flexible Compensation, Shopify Unveils ‘Flex Comp’ System
The total size of the creator economy is estimated to be worth over $100 billion. And yet most creators struggle to financial independence, or even to generate income at all.
Shopify wants to amplify solo creators through its latest feature, Collabs. [Read more…] about Shopify Unveils ‘Collabs,’ a Platform Designed to Financially Empower Solo Creators
“Hold on, I think I’ve got another penny in one of these pockets…”
It was only a couple of decades ago where paying with paper (not even polymer!) and metal coinage was the go-to. A common alternative, hardly touched today outside of legacy business, was the classic cheque. Cash registers for point-of-sale transactions were hefty, clunky blocks. Only fancy business folk had credit cards and even then used them sparingly. [Read more…] about Seven Fintechs Innovating the Payments Space in Canada
Clearco is in muddy water.
The Toronto-based financial technology firm, founded in 2015, has abruptly reversed course. According to a memo issued to staff on Friday, a quarter of the company’s 500-strong workforce is being trimmed and it may abandon multiple international markets. [Read more…] about Clearco Abruptly Reverses Course, Trims 25% of Workforce
The brains behind Fintech.ca have been covering Shopify since 2006.
It is among the largest and most storied technology firms in Canada, having helped pioneer modern commerce for the internet.
Our story begins with a handful of snowboard enthusiasts looking to make a buck off their passion in the fine city of Ottawa—or rather, not anywhere at all, but online. [Read more…] about A Succinct Record of Shopify
Shopify has not proven immune to the global market downturn.
The Ottawa-based e-commerce titan announced online that it is letting to of roughly 1,000 employees, or 10% of its staff. [Read more…] about Shopify Loses Bet on Future of Commerce, Axes 10% of Staff
Despite a current downturn, the global cryptocurrency market remains active and fascinating to say the least—and a trend with enough traction to grab the attention of virtually all companies. [Read more…] about Five Fintech Firms Fully Embracing Crypto in Canada
Ushering in “the next era of commerce,” Shopify this month announced many new features and upgrades to its platform, including partnerships with two of the biggest technology companies on the planet. [Read more…] about Shopify Partners with Twitter, Google for Latest Commerce Integrations
Shopify is well aware of the buzz surrounding non-fungible tokens.
Buy them, sell them. Sounds commerce-y, right? Yes, but Shopify is looking to extract more dynamic value from the emerging blockchain technology. [Read more…] about Shopify Embraces NFTs with ‘Tokengated Commerce’
