F|T: The FinTech Times – Canadian crypto regulation

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Wealthsimple and H&R Block partner, launching tax refund solution (BETAKIT)

A survey from H&R Block found that 47 percent of Canadians reported they did not contribute to an RRSP or a TFSA at all in 2018.

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What Carol Leaman learned from scaling a company and selling it to Google

Speaking to BetaKit ahead of her appearance at TechExit.io on April 10th in Vancouver, the serial CEO shared her lessons learned from leading multiple companies, and reflected on starting, growing, and eventually exiting PostRank.

Amazon and Worldpay are partnering to expand Amazon Pay acceptance (BUSINESSINSIDER)

The deal will give Amazon the ability to handle payments outside of its “walled garden,” the article states.

Marqeta files to raise $250M on a $1.9B valuation (TECHCRUNCH)

The round, a Series E offering of $3.8908 per share, represents a big jump on Marqeta’s previous valuation, which was $545 million as of last year.

Progressa announces loan milestone, updates plan for IPO (BETAKIT)

This comes after the FinTech launched enterprise software solutions at the end of last year and expressed plans for an IPO.

Cross-border payments firm InstaReM closes Series C round at $41m (DEALSTREETASIA)

The fresh capital will enable InstaReM to launch a new consumer and enterprise product this year. It will also be used to accelerate growth in the company’s existing markets and enable it to enter new markets in Japan and Indonesia.

Report: Canadians willing to share data for personalized products, efficient services (BETAKIT)

More than three-quarters of all respondents to the survey indicated that they would be willing to share data for discounts and competitive pricing.

Nigerian FinTech startup OneFi acquires payment company Amplify (TECHCRUNCH)

The move comes as FinTech has become one of Africa’s most active investment sectors and startup acquisitions—which have been rare—are picking up across the continent.

Prediction startup Numerai raises $11 Million in ICO (COINTELEGRAPH)

The Numerai network provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models.

Employees at Kiite give back to the community through payroll deductions

This Waterloo-based startup is creating a new model for individual and corporate philanthropy in the tech sector.

Canadian securities regulators propose regulatory framework for crypto platforms (BETAKIT)

“We must provide clarity to the market about how regulatory requirements might best be tailored,” says Andrew J. Kriegler, president & CEO of the Industry Regulatory Organization of Canada.

Point raises $122M in debt and Series B funding (FINSMES)

Point, which allows homeowners to free their home equity without taking on new debt, raised the funding from Prudential Financial and DAG Ventures, with participation from existing investors.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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