F|T: The FinTech Times – Equibit plays damage control

John McAfee

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.


BetaKit

Equibit plays damage control with John McAfee as seed round looms

We spoke with Equibit CEO Chris Horlacher about John McAfee’s role with the company, who contradicted everything he said the day before.


Huffington Post

Challenges of the Canadian lending landscape

David Gens argues that, even as Canadian banks are looking to the US to expand their loans process, American and international lenders are finding it difficult to succeed in the Canadian market.


BetaKit

CIX FinTech event tackles the evolving startup-bank dynamic

This year’s CIX featured a special FinTech edition during its three-day long event.


TechCrunch

Payments provider Stripe has raised another $150M at a $9B valuation

In addition to the funding round, Stripe is getting a revolving credit facility of up to $250 million. The idea is to extend Stripe’s borrowing capacity at a time when interest rates are low, but not its debt.


FinExtra

Nasdaq asks SEC for speed bump to protect retail traders

The move is an effort to level the playing field for long-term retail traders who feel they have been losing out to high speed frequency traders.


TechCrunch

Albert raises $2.5 million for its finance app that helps you save money

The startup offers a simple way to track your finances as well as personalized recommendations aimed at boosting your overall financial standing.


WSJ

Goldman Sachs Drops Out of R3 Blockchain Group

Instead, the bank will focus its blockchain efforts on internal development and investments in specialists. It has already made multi-million dollar bets on two startups in the field: Circle and Digital asset Holdings.


FinExtra

UK government promises money for FinTech specialists

The UK government has promised to pump £500,000 a year into FinTech specialists and launch a network of regional FinTech envoys as it seeks to shore up the country’s position as a leading sector player in the post-Brexit era.


BetaKit

Wealthsimple, OMERS, DMZ among Canadian FinTech Awards winners

Wealthsimple took the award for FinTech of the Year, OMERS Ventures took the award for Investor of the Year, and the DMZ took the award for Accelerator/Incubator of the Year.


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Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.