F|T: The FinTech Times – From crypto winter to crypto weirder

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.


Portag3 Ventures creates senior advisory group to help build global FinTech businesses

Portag3 Ventures has announced the creation of its new group of senior advisors, adding six members including industry leaders from Rockefeller Capital Management, RBC, and Google.


Dell Technologies World, Day 3 – Technology’s role in making people happy, an interview with Joshua Jackson, and more

We got a chance to speak with Dell EMC’s new Canadian channel chief and the co-founders of Liquid Media Group, an integrated global studio based in Vancouver, on Day 3 of Dell Technologies World.


Pleo, the multi-card business spending platform, closes $56M Series B

Pleo, the Danish FinTech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B funding.


Power Financial now claims 89 percent stake in Wealthsimple following $30 million investment

Wealthsimple reported over $4.3 billion in assets under administration (AUA) as of March 31, a 26.4 percent quarter-over-quarter growth.


Nym Technologies raises $2.5 million to anonymize crypto apps

The seed round in Nym Technologies involved NEO Global Capital, Lemniscap, Edenblock and others. Binance Labs, where Nym completed a 10-week incubation program late last year, is also an investor.


Nest Wealth acquires Razor Logic Systems, offering investment and financial planning solutions

Toronto-based Nest Wealth, a digital wealth management platform, has acquired Razor Logic Systems, the creator of RazorPlan, a Canadian financial planning software solution.


YouTrip raises $25 million for a digital wallet: Travel startup funding this week

This week travel startups announced more than $611 million in funding.


Koho raises $42 million Series B inside round led by Portag3 Ventures

Toronto-based FinTech startup Koho announced the close of a $42 million Series B round today, led by Portag3 Ventures, with participation from Greyhound Capital and other unnamed strategic investors.


OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo.


QuadrigaCX investigation recovers $28 million of missing assets

Efforts to recover more than $200 million in cash and cryptocurrency from the former trading platform QuadrigaCX have resulted in only $28 million in recuperated assets.


Staking-as-a-Service startup raises $2 million from DHVC, Plug and Play

InfStones, a Silicon Valley staking startup, has raised a $2 million seed round to expand its block-producing capacity in proof-of-stake (PoS) networks.


Breathe Life launches first product following $4.5 million CAD Seed round

“The Breathe Life Consumer-Driven Module is designed to do the heavy lifting of targeting qualified prospects, making it easy for them to do business with you online.”


From crypto winter to crypto weirder

A keynote speech looking back from 2047 at the near-apocalypse of 2026, from which we were saved by a new, fully tokenized economy. Yes, that’s right: NYC Blockchain Week has begun.


CIBC launches new banking platform for small and medium-sized business

CIBC said SmartBanking for Business uses secure, two-way data integration between CIBC and cloud accounting platforms to reduce manual data entry, simplify reconciliation, and improve accuracy.


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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.