F|T: The FinTech Times – How can Canada prevent another QuadrigaCX?

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

Applications open for CDL’s blockchain, quantum machine learning incubator streams

Startups will also be exposed to participating venture capitalists, who track their progress over the course of the program.


techcrunch

Venmo launches a ‘limited edition’ rainbow debit card for its payment app users

The new rainbow card will be offered until supplies last, says Venmo. And existing card holders can request the rainbow card as a replacement for their current card, if they choose.


bk

How can Canada prevent another QuadrigaCX?

“This is a gap in the regulatory landscape, it’s arisen as a result of technology outstripping the ability to legislate faster.”


fortune

More People Are Taking Out Personal Loans as the Fintech Industry Grows

“The rapid growth in consumer loans sits squarely on the shoulders of FinTech.”


techcrunch

GoCardless raises $75M Series E for its recurring payments network and heads to America

Leading the round are new investors Adams Street Partners, Google Ventures and Salesforce Ventures.


fortune

Busting Myths About Cryptocurrency Custody

Misconception #1: you can’t trade crypto using funds in cold storage.


entrepreneur

Here is Why Consumer Finance is Attracting FinTech Startups

Banks and other financial services companies have mostly ignored retail customers in a bid to lure business clients, both SMEs and corporates. Hence, we have to initiatives like banking the financial inclusion and last mile delivery to support the underbanked and unbanked population of the country.


bk

Coinsquare acquires decentralized crypto platform StellarX

This acquisition comes after BetaKit recently broke the news that Toronto-based Coinsquare had to lay off 27 percent of its staff at the end of January.


techcrunch

China wants its rural villages to go cashless by 2020

The hope is that by digitizing the lives of the farming communities, from getting loans to buying fertilizers to leasing lands to city developers, China could bolster the economy in smaller cities and countryside hamlets.


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Amira Zubairi

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.