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FinTech and healthtech startup Aya comes out of “stealth” with $3.7 million CAD in seed financing (BETAKIT)
Toronto-based Aya, which creates payments solutions and program administration for employee benefits packages, has raised a $3.7 million CAD seed round.
On the #CIBCInnovationEconomy podcast series, CEO David Barrett admits he never planned to get into the expense management space. But by saying yes to opportunities, he built Expensify into a successful innovation economy.
Robinhood Markets, the trading platform that’s proved popular with novice investors, has asked banks to pitch for roles in an initial public offering, according to people with knowledge of the matter.
Shopify has partnered with major Chinese digital wallet platform Alipay to expand its payment options for merchants based in the United States.
Cashless payments were on the rise before the pandemic hit, and now, eight months into its grip on the U.S., their use is accelerating even faster.
Chime, a consumer FinTech firm headquartered in San Francisco, has opened an office in Vancouver and has legally incorporated in Canada.
Daylight is a new digital bank built to solve the LGBTQ+ community’s banking challenges (FAST COMPANY)
Whether it’s financial illiteracy or discriminatory practices, there’s a deep divide in equitable banking for the LGBTQ+ community—and Daylight is looking to bridge the gap.
Nasdaq has acquired St. John’s-based Verafin for $2.75 billion USD, combining Verafin’s anti-financial crime products with Nasdaq’s regulatory technology.
It will include tap-to-pay, peer-to-peer, personal finance aggregation, customizable deals, and even full banking services.
On the #CIBCInnovationEconomy series podcast, CEO Ed Quilty shares Aquatic Informatics’ growth story and what he has learned about entrepreneurship.
The U.K.’s Financial Conduct Authority said Wednesday that FinTech firm Lanistar has been providing financial services without its authorization.