F|T: The FinTech Times – Financial health checkup

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.


BROUGHT TO YOU BY THE CONFERENCE BOARD OF CANADA:


Out-collaborate your competition: The growth formula for FinTechs (BETAKIT)

Marcus Daniels, CEO and Founding Partner at Highline Beta, argues that multinational corporations need to rethink their business models in the wake of COVID-19.


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Join a Landmark Survey on Canadian Innovation

With COVID-19, it has never been more important to understand how Canadian firms innovate. The Conference Board of Canada is publishing an in-depth study on how innovation translates into growth.

Canadian tech firms and ecosystem partners are invited to join the survey. You will be first to receive the full report.


Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender (TECHCRUNCH)

Amex says it has “millions” of small business customers and the addition of Kabbage’s loan and other financial services tools signifies that it plans to double down on that sector with a much wider range of offerings.


GM’s chief financial officer resigns to join FinTech startup Stripe (BNN BLOOMBERG)

General Motors Co.’s chief financial officer is stepping down after two years to take a job at financial technology company Stripe Inc. in an unexpected move depriving it of a rising star and one of the auto industry’s few senior female executives.


Rise People launches advisor engagement platform for Sun Life clients (BETAKIT)

Vancouver-based Rise People has launched an insurance advisor engagement platform.


Real estate FinTech startup tackles the time and money strains of property repairs (FORBES)

Real estate financial technology company, NestEgg announced today a new program for collaboration between property maintenance contractors and small-scale landlords.


Who needs banks? How tech companies are taking a bite out of financial services (FINANCIAL POST)

Tech companies are moving to create ‘frictionless’ experience so small businesses can get access to money quickly.


It’s time to tie bank profits to customers’ financial health (HARVARD BUSINESS REVIEW)

America’s current financial system is essentially broken for the many working Americans who live on the edge financially.


Manzil partners with Koho to launch halal prepaid Visa card (BETAKIT)

Manzil has launched a partnership with Koho to give Muslims and non-Muslims a halal prepaid Visa card.


FinTech startup FPL technologies raises $10 million for its credit card OneCard (THE TECH PORTAL)

FPL technologies aims to open up credit opportunities for Indians by making the process more user friendly, and has raised $10 million in a Series A financing round for the same.


Crowdcube launches “IPO-alternative” to help startup shareholders cash-out (SIFTED)

The platform will try to create a market for existing shareholders — including employees with stock options — to sell their shares on the secondary market to interested retail buyers.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.