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“There’s so much focus on pre-investment – it’s a very sexy industry because people like reading about money.”
Announcing Wealthsimple’s New Partnership With Mint(WEALTHSIMPLE)
We just made it easier to be a financial grown-up without having to spend any time with calculators and spreadsheets. (sponsored)
Decentral launches initiative to encourage collaboration in building Canada’s FinTech ecosystem(BETAKIT)
Areas of focus for the organization include banking and insurance, compliance and settlement, digital currencies and mobile transactions, peer-to-peer lending, social investing and equity crowdfunding, micropayments, and digital wallets.
Bloq launches Blochain Operating System(FINEXTRA)
Bloq has unveiled its first product: a multi-pronged blockchain software solution designed to allow enterprise users the ability to create, update, customize and analyze their own public, private, and permissioned blockchains.
The funding will be used to help Azimo integrate into messaging apps like Viber, but also to expand its services further into Asia from its primary base in Europe.
Net loss in the company, however, was $96.7 million for the quarter, compared to $47.98 million at the same time in 2015
Insurance brokerage is broken(TECHCRUNCH)
As with every other industry, we are beginning to see the Internet enable a new world of comparison shopping, online transactions and streamlined customer service for the insurance consumer.
In 2015, we were the second most active foreign VC in Canada.
The great fintech debate: Will regulating financial upstarts ‘level the playing field,’ or stifle innovation?(FINANCIAL POST)
In late March, Toronto-Dominion Bank chief executive Bharat Masrani stood in front of his bank’s shareholders and, for the second year in row, called on policymakers to regulate fintechs.