F|T: The FinTech Times – Canadian FinTech in four charts

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Canadian tech leaders form coalition advocating for new blockchain regulation

The Blockchain Technology Coalition of Canada officially launched during Elevate’s blockchain track.

Zafin Recommends: How Can Banks Deepen Customer Loyalty? (ZAFIN)

Here’s the thing — within this space there’s an enormous opportunity for banks to change the way they’ve traditionally done business and appeal to new, dynamic customer expectations. And when this is accomplished, your bank will have the opportunity to establish deep loyalty and a long-term, mutually beneficial relationship.

Divido, the consumer finance platform, scores $15M Series A (TECH CRUNCH)

The round was led by Dawn Capital, and DN Capital, with participation from Mastercard, American Express Ventures, and a number of previous investors.

Marsh confirms IBM blockchain insurance partnership to include Salesforce

“Marsh will work with IBM to extend its commercial proof of insurance blockchain solution to be directly accessible to Marsh clients through the Salesforce Platform.”

The state of Canadian FinTech in four charts

“If we want home-grown companies to lead the next wave of financial services in Canada, both regulators and investors will need to play their part.”

Stripe, one of Silicon Valley’s hottest startups, just raised a $245 million monster round — making it a $20 billion company (BUSINESS INSIDER)

The funding was led by Tiger Global Management, Sequoia, and DST Global.

Ethereum 2.0 and the Future of Scalable Blockchain (MEDIUM)

There’s new ways to think about the blockchain stack in 2018.

Beanworks raises $10.1 million Series B to automate accounting (BETAKIT)

The round was led by FINTOP Capital, with participation from BDC Capital’s Women in Technology Fund.

FinTech startup Goals101 raises $3.5M from Nexus Venture Partners (INC42)

Goals101 has developed an intelligent data and marketing platform, which enables banks to enhance communication with its customers and uses automation to help its clients improve speed and management of business processes.

Crypto giant Binance looks to the future with fiat trading and a decentralized exchange (TECH CRUNCH)

“Right now, we are centralized crypto-to-crypto,” said CEO Changpeng Zhao. “We don’t offer fiat gateways and so we rely on others to do that. But through discussions with different regulators across the world, we now have those channels. We want to make it easier for fiat currency to get into the crypto world.”

Blockchain banking startup Bitwala raises €4M (FINSMES)

Bitwala is advancing a product that will allow users to engage with cryptocurrencies with their bank account. Its blockchain banking service, built together with its partner bank, will also come with debit cards and bitcoin wallets.

Bread raises $60M (FINEXTRA)

Bread, which builds customizable financing solutions for brands and retailers, raised the funding from Kinnevik, with participation from Bessemer Venture Partners, Menlo Ventures, RRE Ventures, Colle Capital Partners, and Cue Ball.

Mozilla pushes PayPal to make Venmo transactions private by default (TECH CRUNCH)

Mozilla says it has delivered a petition signed by 25,000 Americans asking Venmo to set transactions shared in its app to private by default, instead of public.


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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