F|T: The FinTech Times – A Canadian bitcoin fund you can trust?

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.

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With trust in crypto at an all-time low, 3iQ’s CEO talks regulator approval of bitcoin fund

3iQ CEO Fred Pye explains what the OSC’s approval of its bitcoin fund means for crypto regulation amid the downfalls of QuadrigaCX and Einstein Exchange.


RECOMMENDED BY CAPITAL ONE:

The Digital for Good Summit

Following the Digital for Good Tech Jam, this event further supports charities as they embrace new possibilities. Check out the agenda using the link above.


How Toronto Cat Rescue is using tech to build a Tinder for foster cats

“It’s not the product itself, it’s what the product will do.”


TechCrunch

Chaka opens up global investing to Africa’s most populous nation

FinTech startup Chaka aims to open up online investing to Africa’s most populous nation, Nigeria.


Crypto research firm Messari raises $4M backed by Coinbase Ventures, Blockchain Capital, Uncork Capital, and others

The firm, founded a year ago, raised a $1 million seed round in May 2018 from Danhua Capital, Blockchain Capital, Anthemis Group, and others, with many returning for the latest round.


BetaKit

Vancouver-based Grow Technologies acquired by Alberta’s ATB Financial

Vancouver-based FinTech startup Grow Technologies has been acquired by Alberta credit union ATB Financial.


DeFi startup Compound Finance raises $25 million Series A led by A16z

According to DeFi Pulse, Compound has nearly $103 million worth of crypto locked up in its automated system, which can generate returns for users comparable to interest.


TechCrunch

PalmPay launches in Nigeria on $40M round led by China’s Transsion

Africa-focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed round led by Chinese mobile-phone maker Transsion.


Copenhagen-based FinTech startup Cardlay raises €9 million and announces breakthrough deal with Eurocard

Through its new partnership with the largest issuer of corporate cards in Scandinavia, Eurocard, Cardlay now makes its solution available as a build-in service to 1 million of corporate cards in the Nordic region.


UK’s Plum raises $3M to grow AI-powered finance app

Plum, an artificial intelligence (AI)-driven money management tool, announced that it has raised $3 million in additional funding that will be used toward growth goals including the company’s European expansion.


TechCrunch

Indonesia’s Travelio raises $18M to help tenants rent apartments

In addition to offering these fully furnished apartments, Travelio also takes care of house cleaning and maintenance of these properties.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.