F|T: The FinTech Times – FinTech justice league

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.

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STACK FinTech Times

League partners with Dialogue to launch personalized consumer health concierge(BETAKIT)

“One of the things we saw is just how complex and fragmented this is from a consumer standpoint.”

STACK RECOMMENDS: Ottawa unveils ‘supercluster’ innovation plan(THE STAR)

“A Federal backed plan shows Canada’s commitment to driving and leading global innovation.”
– Miro Pavletic, CEO and co-founder of STACK

Santander buys stakes in three startups as Botin pushes into FinTech(BLOOMBERG)

Santander InnoVentures is investing in Pixoneye and Curve, both based in the U.K., and Gridspace, located in the U.S.

FinTech CurrencyCloud tapped up investors months before Google raise(BUSINESS INSIDER)

CurrencyCloud, founded in 2012, has raised around £45 million to date from investors including Google Ventures, Sapphire Ventures, Japan’s Rakuten, and Notion Capital.

CIBC partners with National Australia Bank to launch feature that provides financial advice while travelling(BETAKIT)

The feature takes advantage of a smartphone’s GPS to display, in real-time, the local exchange rate.

Fixed income algo provider Quantitative Brokers scores $24M investment from Centana(FINEXTRA)

The capital infusion enables Quantitative Brokers to build on its established foundation as a provider of advanced algorithms and data-driven analytics to clients in the futures and US cash treasury markets.

Confirmed: London FinTech Curve raises $10M Series A(TECH CRUNCH)

Curve, which offers a platform that lets you consolidate all your bank cards into a single Curvey card and manage your money, raised the round from Connect Ventures, with participation from Santander Ventures.

The repackaging of U.S. FinTech loans comes to Canada(FINANCIAL POST)

News that Kilgour Williams has launched a fund that will buy high-interest consumer loans from U.S. fintech companies funded with Canadian capital is significant for several reasons.

League, Mogo among regional finalists for Ernst & Young’s Entrepreneur of the Year awards(BETAKIT)

The finalists are split into the regions of Québec, Ontario, Prairies, Pacific, and Atlantic.

Revolut scores bumper $66 million investment round(FINEXTRA)

Index Ventures, Balderton Capital and Ribbit Capital led the $66 million round which values the fast-growing but loss-making startup at over $300 million.

FinTechs offer fast and cheap credit to entrepreneurs & SMEs in Brazil(LETSTALKPAYMENTS)

Today, in Brazil, we have over 30 FinTech startups offering credit products, according to 2017’s FinTechLab Radar survey.

FinTech firm Innoviti raises Series B round from SBI-FMO Fund, others(VCCIRCLE)

Innoviti plans to use the funding to expand the market for uniPAY Next and smelending.com to target payments and lending to facilitate working capital loans to kirana stores, small merchants, and brand franchises across the supply chain.

Why Bitcoin’s value could get even more volatile(VENTUREBEAT)

Bitcoin’s price could be in for a big drop, and that’s because the cryptocurrency is facing a potentially contentious upgrade to its core software in August. If you haven’t heard about the impending deadline for a “user-activated soft fork,” here’s the story.


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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