Toronto-based fintech firm Stablecorp has raised $2.5 million in strategic growth capital to expand and upgrade QCAD, its Canadian dollar-denominated stablecoin. The funding round was led by Coinbase … READ MORE... about Toronto’s Stablecorp Secures $2.5M to Advance Canadian Dollar Stablecoin
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Interpolitan Money Enters Canadian Market, Appoints Sonya Cléroux as Country Head
UK-based financial services firm Interpolitan Money has officially launched operations in Canada, appointing industry veteran Sonya Cléroux as its first Head of Country. … READ MORE... about Interpolitan Money Enters Canadian Market, Appoints Sonya Cléroux as Country Head
Budgety Unveils New AI Fintech Tool ‘Buddy’ Following Six Month Pilot Test
A Canadian financial technology startup has exited beta with the launch of its flagship product, an AI-powered financial assistant. … READ MORE... about Budgety Unveils New AI Fintech Tool ‘Buddy’ Following Six Month Pilot Test
Purpose Expands Crypto ETF Lineup with Low-Fee Core Funds
Four years ago, Purpose Investments made history by launching the Purpose Bitcoin ETF, the world’s first Bitcoin ETF backed by physically settled Bitcoin. … READ MORE... about Purpose Expands Crypto ETF Lineup with Low-Fee Core Funds
Toronto’s Stablecorp Secures $2.5M to Advance Canadian Dollar Stablecoin
Toronto-based fintech firm Stablecorp has raised $2.5 million in strategic growth capital to expand and upgrade QCAD, its Canadian dollar-denominated stablecoin. The funding round was led by Coinbase Ventures and Side Door Ventures, with participation from … READ MORE... about Toronto’s Stablecorp Secures $2.5M to Advance Canadian Dollar Stablecoin
Wealth Manager Taps d1g1t to Boost Platform with the ‘Right Tech Backbone’
Toronto's d1g1t announced this week that Northern Light Wealth is deploying the Canadian fintech's institutional-grade enterprise wealth management platform. … READ MORE... about Wealth Manager Taps d1g1t to Boost Platform with the ‘Right Tech Backbone’
Robinhood to Acquire WonderFi in $250M Deal to Expand Crypto Presence in Canada
Toronto-based WonderFi is set to be acquired by Robinhood Markets in a $250 million all-cash deal. The U.S. trading giant is offering $0.36 per share—a 41% premium over WonderFi’s last TSX closing price. … READ MORE... about Robinhood to Acquire WonderFi in $250M Deal to Expand Crypto Presence in Canada
The Case for Automating Error Correction in Bill Payments
A Necessary Shift for Canada’s Financial Institutions Bill payments are a vital component of financial transactions in Canada, with over 1.6 billion bills paid annually and a total expenditure of CAD 6.5 trillion each year. Since 2016, Payments … READ MORE... about The Case for Automating Error Correction in Bill Payments
Square Launches New Unified Point of Sale App in Canada
Square has officially launched its next-generation Point of Sale (POS) app in Canada, unifying its vertical-specific commerce and payments functionality into a single, customizable platform designed to support business growth and operational complexity. … READ MORE... about Square Launches New Unified Point of Sale App in Canada
Westland Express Teams Up with Karla to Help Renters Build Credit
Westland Express, one of Canada’s top tenant insurance providers and a subsidiary of Westland Insurance, is partnering with fintech Karla to help renters turn monthly rent payments into a path for credit-building. … READ MORE... about Westland Express Teams Up with Karla to Help Renters Build Credit
Montreal’s Amilia Raises $35M to Scale Recreation-Focused Fintech Platform
A Montreal-based provider of management software and payment solutions for the community and recreation industries has raised $35 million to "fuel its next phase of growth and innovation." … READ MORE... about Montreal’s Amilia Raises $35M to Scale Recreation-Focused Fintech Platform