Foxquilt raises $1.2 million to help people save on insurance by buying in groups
Toronto-based Foxquilt has announced a close of $1.2 million in a seed round led by Extreme Venture Partners. The company was co-founded by CEO…
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FinTech
Lendesk launches lender network with Scotiabank, First National Financial
Lendesk has launched its Lendesk Lender Networka direct-to-lender mortgage application network—with several Canadian mortgage lending institutions. The institutions include Scotia Mortgage Authority (Scotiabank), First…
F|T: The FinTech Times – Bank of Amazon
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…
NewOak partners with LendingArch to purchase $2 billion in loans
Calgary-based LendingArch, a marketplace platform allowing users to browse customizable loan options, announced its partnership with NewOak Asset Management, which will be able to…
Financeit and Concentra renew $100 million funding facility
Toronto-based POS financing platform Financeit and Concentra, the wholesale bank and trust company for Canada’s credit unions, have announced the renewal of their $100…
Meta funding: FrontFundr CEO on equity financing themselves
Vancouver-based FrontFundr announced just before the New Year that it raised $650,000 on its own equity crowdfunding platform (exceeding its target by 130 percent,…
TD Bank’s Colleen Johnston says FinTechs are creating more opportunities for banks
Last week, The Disruptors hosted a special edition of the show at the Canadian Innovation Exchange, which celebrates emerging Canadian startups. Co-hosts Bruce Croxon…
#FINTalks event examines how Canadian banks can turn FinTech disruption into opportunity
In the words of Deloitte financial services head Rob Galaski, banks have gone from regarding FinTech disruption in Canada with “polite denial” and evolved…
Equifax announces partnership to support startups in the MaRS FinTech cluster
Today, Equifax announced that it is the latest financial institution to join the MaRS FinTech cluster, MaRS’ hub dedicated to connecting financial incumbents and…
Two Canadian startups team up to build Lucy, the FinTech chatbot
Pour lire cet article en français, cliquez ici. Lucy is the name of the fossil, Australopithecus afarensis, cousin of the genus Homo, that proved…
F|T: The FinTech Times – Money 20/20
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…
OSC building FinTech Advisory Committee to stay on pulse of FinTech space
After the Ontario Securities Commission announced the creation of LaunchPad, a team that will be dedicated to helping FinTech companies navigate securities law requirements,…
Flexiti Financial raises $5 million Series A to fuel mission of leading the POS financing space
With the presence of all of Canada’s major financial institutions and a supportive startup ecosystem — including incubators and a city government open to…