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PayPal Canada moving into MaRS Discovery District(BETAKIT)
Paul Parisi, who was recently named general manager of PayPal Canada, stated that this relocation is a strategic move for the Canadian branch of the international mobile payments pioneer.
BAI Beacon speakers’ top picks(BAI)
We reached out to some of BAI Beacon’s featured presenters and got the inside scoop on the personalities bringing key topics to life. (sponsored)
Finn.ai (formerly Payso) partners with ATB Financial to launch banking chatbot(BETAKIT)
While there are some examples of banks in Europe moving ahead with chatbots, this could be the first service of its kind in North America, says Finn co-founder and COO Natalie Cartwright.
Tax compliance software company Avalara raises $96 million(TECHCRUNCH)
The company’s whopping new round of growth capital will be used to buy out some undisclosed existing shareholders and to provide $50 million in new money for growth and acquisitions.
Study shows Canadians’ growing enthusiasm for mobile payments(NFCWORLD)
Compared to 35% of overall transactions in 2014, the 70% decline in cash usage will see an increase in the use of digital payment technologies such as mobile wallets and a rise in contactless transactions.
Swift beware: Ripple signs banks to global payments steering group(FINEXTRA)
The interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.
Pay-per-mile insurance startup Metromile raises $191.5M, acquires Mosaic Insurance(TECHCRUNCH)
Metromile will use the money to acquire an insurance carrier called Mosaic Insurance to handle the underwriting of its policies itself, as well as to expand new states in the U.S. and continue building its platform.
I listened to 82 finance startup pitches — here’s what I learned about where Wall Street is heading(BUSINESSINSIDER)
The common narrative when it comes to financial technology startups is that they pose an existential threat to established players.
Curve raises $3M to replace the wallet with a card and app(FINEXTRA)
The money, which comes from the likes of Connect Ventures and Samos Investments, takes the company’s seed funding to $5 million ahead of what it claims will be a “sizeable” Series A by the end of the year.
TouchBistro talks building in Canada and scaling globally on #TheDisruptors(BETAKIT)
Toronto-based TouchBistro has developed an innovative order-taking platform that lets restaurant servers take orders using a tablet instead of the traditional pen and paper.