F|T: The FinTech Times – Coinsquare wants to expand

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

Amid regulatory uncertainty, Coinsquare’s CEO is focused on expanding services while gaining public trust

“Ultimately, the mission statement of the business is to build a 21st century financial institution.”


techcrunch

Grab, Uber’s Southeast Asia rival, now offers micro-loans and other financial services

For its new offerings, Grab has teamed up with Credit Saison, a $3 billion firm that is Japan’s biggest lender with some 70 million credit cards in circulation, to create a joint venture called Grab Financial Services Asia.


nyt

Google bans bitcoin advertisements in policy change

The new restriction would apply both to space on Google’s platforms, like YouTube, and to third-party websites where Google sells advertising space.


betakit

BMO partners with Finn.AI, Massively to launch chatbots

The bank has turned to two startups to develop its chatbot experiences.


engadget

Square’s Cash app now supports direct deposits for paychecks

Now you can use your hard-earned cash to buy bitcoin directly… if you want.


pymnts.com

UK challenger bank Tandem acquires Pariti for money management

While terms of the Pariti deal remain undisclosed, TechCrunch reports that Pariti CEO Matthew Ford and CTO Peter Townsend are joining Tandem.


finsmes

Pilot.com raises $15M in Series A funding

Pilot.com, which provides bookkeeping services for startups and other small businesses, raised the funds from Index Ventures.


techcrunch

Stock trade app Robinhood raising at $5B+, up 4X in a year

The new raise would bring Robinhood to $526 million in funding.


betakit

Alipay now accepted at retailers across Canada through Motion Pay partnership

Alipay’s over 520 million active users in China will be able to use their Alipay Mobile Wallet with Canadian retailers.


finextra

BAugmentum FinTech raises £94M in IPO

Set up by venture group Augmentum Capital, Augmentum FinTech is raising the money for a new fund to invest in early-stage financial technology companies in the UK and wider Europe.


techcrunch

Experian acquires UK’s ClearScore and its financial product matching engine for $385M

The deal is emblematic of a trend that we’ve been seeing in the world of financial services for some time now: legacy behemoths are buying up smaller and more nimble startups that have revisited and rebuilt age-old services, bringing them up to speed with our changing technological times.


betakit

Merchant Advance Capital closes $30 million debt facility

The funding to Merchant is being used to refinance existing debt and provide growth capital.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.