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.
The 75 percent wage subsidy will be available for “qualifying businesses” for up to three months and will be retroactive until March 15.
Viziya – Oracle Architect
Nudge Rewards Inc. – Senior Full Stack Developer
Altus Group – Technical Product Manager
See more jobs and post your own on Jobs.BetaKit (powered by Jobbio).
A new survey conducted by Toronto FinTech startup Borrowell has found that three in four Canadians are experiencing financial stress due to COVID-19.
UK FinTech community comes together to build Covid Credit and let sole traders self-certify lost income
The app uses the Credit Kudos API and aggregates data from an individual’s bank accounts, applying a number of pattern recognition algorithms in order to calculate key income figures.
Rivet, a startup that helps providers keep track of insurance contracts and billing, closed an $8.25 million funding round.
A group of FinTech and alternative lenders are calling on the federal government to extend its current economic stimulus plan to include alternative lending.
Coming in late March, the new capital is a quick-follow to Fast’s November seed round.
Lighter Capital, a Seattle-headquartered financing lender, is making its debt financing offerings available to the Canadian market.
U.S.-headquartered bank Citi has upped its investment in the Ethereum-based decentralized trade financing startup Komgo.
Brex wants to help startups get the money that traditional big banks won’t lend them, and it just acquired three companies to help it do so: Neji, Compose Labs and Landria.
The Series B round was led by 01 Advisors and included Dragoneer Investment Group, Franklin Templeton and EPIQ Capital Group.