Foxquilt raises $1.2 million to help people save on insurance by buying in groups
byToronto-based Foxquilt has announced a close of $1.2 million in a seed round led by Extreme Venture Partners. The company was…
FinTech
FinTech
Lendesk launches lender network with Scotiabank, First National Financial
byLendesk has launched its Lendesk Lender Networka direct-to-lender mortgage application network—with several Canadian mortgage…
NewOak partners with LendingArch to purchase $2 billion in loans
byCalgary-based LendingArch, a marketplace platform allowing users to browse customizable loan options, announced its partnership…
Financeit and Concentra renew $100 million funding facility
byToronto-based POS financing platform Financeit and Concentra, the wholesale bank and trust company for Canada’s credit…
Meta funding: FrontFundr CEO on equity financing themselves
byVancouver-based FrontFundr announced just before the New Year that it raised $650,000 on its own equity crowdfunding platform…
TD Bank’s Colleen Johnston says FinTechs are creating more opportunities for banks
byLast week, The Disruptors hosted a special edition of the show at the Canadian Innovation Exchange, which celebrates emerging…
#FINTalks event examines how Canadian banks can turn FinTech disruption into opportunity
byIn the words of Deloitte financial services head Rob Galaski, banks have gone from regarding FinTech disruption in Canada with…
Equifax announces partnership to support startups in the MaRS FinTech cluster
byToday, Equifax announced that it is the latest financial institution to join the MaRS FinTech cluster, MaRS’ hub dedicated…
Two Canadian startups team up to build Lucy, the FinTech chatbot
byPour lire cet article en français, cliquez ici. Lucy is the name of the fossil, Australopithecus afarensis, cousin of the…
OSC building FinTech Advisory Committee to stay on pulse of FinTech space
byAfter the Ontario Securities Commission announced the creation of LaunchPad, a team that will be dedicated to helping FinTech…
Flexiti Financial raises $5 million Series A to fuel mission of leading the POS financing space
byWith the presence of all of Canada’s major financial institutions and a supportive startup ecosystem — including incubators…
What banks can learn from FinTech startups
byWhen it comes to managing finances, Canadians have more choice than ever: they can stick with the traditional financial institutions…
CIBC partners with Borrowell to provide “one-click” online lending to its customers
byToday, CIBC announced that it is partnering with Toronto-based Borrowell to offer “one-click” online lending for…
Lendful pitches its consumer lending marketplace on #TheDisruptors
byTo make it easier for Canadians to get loans, one Vancouver-based startup has created an online lending solution. Lendful,…
OSC announces LaunchPad to help FinTech startups navigate regulations
byAfter Lending Loop announced that it was back in business following Ontario Securities Commission approval, the OSC is taking…