F|T: The FinTech Times – A Canadian regulatory regime for crypto

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Canadian securities administrators considering crypto “regulatory regime” by 2022(BETAKIT)

The CSA said it wants to adapt current securities regulations to specifically address crypto-assets in its 2019-2022 business plan.



Luxembourg to get €100M investment from Chinese payments startup Pingpong(TECHCRUNCH)

Another bucketload of capital is coming to the country after Chinese FinTech startup Pingpong announced it will invest more than €100 million in Luxembourg in the coming years.


Wave to be acquired by H&R Block for $537 million CAD(BETAKIT)

Toronto-based Wave Financial, a financial planning platform for small business owners, is set to be acquired by international tax preparation company H&R Block for $537 million CAD.


Brex raises $100 million at $2.6 billion valuation for startup-friendly credit card(VENTUREBEAT)

Brex has announced another $100 million in funding in a series C extension round led by Kleiner Perkins Digital Growth Fund.


Element AI signs HSBC, its third partnership announcement in four months(BETAKIT)

Element AI is partnering with HSBC to help the bank develop the capability to analyze data that comes from clients of its Global Banking and Markets (GBM) division.


ADDI, the Colombian FinTech startup, raises $12.6 million USD Series A(CONTXTO)

ADDI, the Colombian FinTech offering financial solutions to consumers and businesses, recently announced a Series A financing round worth $12.6 million USD.


Desjardins launches $45 million fund to support FinTech startups(BETAKIT)

Financial services company Desjardins has announced a new $45 million FinTech investment fund, aimed to support startups that use innovative technology or business models to address existing or emerging issues in the financial industry.


FinTech unicorn Monzo is expanding into the U.S.(FORTUNE)

With over 1.9 million customers in the U.K., the rapidly growing banking unicorn Monzo announced plans to launch in the U.S.


UBC launches blockchain, distributed ledger program for graduate students(BETAKIT)

CIBC, Bank Leumi of Israel, and National Australia Bank (NAB) have partnered to launch the Global Alliance FinTech Link.


Emma, the London-based money management app, launches in the U.S. and Canada(TECHCRUNCH)

Described as your “financial friend,” the Emma app connects to your bank accounts (and crypto wallets) to help you budget, track spending, and save money.


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