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.
BetaKit spoke with members of Canada’s FinTech community to explore how the country can begin stepping up its game in FinTech.
“It’s not the product itself, it’s what the product will do.”
BlueVine, one of the financial services startups that has built a business specifically catering to SMBs is announcing a big round of funding, underscoring the quiet opportunity and demand that is out there.
The Investment Industry Regulatory Organization of Canada published new rules Thursday requiring reports within three days of a cybersecurity attack.
EQ Bank, the digital arm of Equitable Bank, has announced it is migrating its entire core banking system to the cloud.
New York-based blockchain startup Bison Trails has raised $25.5 million in a new funding round led by major venture capital firm Blockchain Capital..
Razorpay, a large payments processing outfit in India, has introduced an array of new services to provide startups, businesses and gig workers in the country with credit and banking services, according to a report.
Majority of Indian startups including Bitcoin India, Koinex, Zebpay etc. closed operations or moved outside India or launched P2P platforms to sustain post RBI’s crypto ban on financial institutions.
Canadian cryptocurrency company Kik Interactive says that the Kin ecosystem has reached over a million active-spending users.
The new fund, co-managed with partners Lauren Robinson and Ben Yoskovitz, will look to invest between $200,000 to $500,000 in early-stage companies looking to sell their offerings to large corporations.
PayPal announced that it has acquired Honey Science Corporation, the company that makes the popular Honey deal-finding Chrome extension, for “approximately $4 billion.”
Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments product to Kenya, Ghana and South Africa.
Two months after announcing $70 million in funding, Vancouver-based FinTech startup has announced Zac Cohen as the company’s new COO.