F|T: The FinTech Times – It’s all so Wealthsimple

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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Wealthsimple for Advisors to be acquired by Purpose Advisor Solutions

Wealthsimple for Advisors is set to be acquired by Purpose Advisor Solutions.


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TechCrunch

US regulators need to catch up with Europe on FinTech innovation

This industry is growing rapidly, filling gaps where traditional banks and financial institutions have failed to meet customer needs. Yet progress has been uneven.


11 Canadian tech companies to watch in 2020

Grow founder Kevin Sandhu shares his annual list of Canadian tech companies that will make significant strides in 2020.


Why 2020 is the year for FinTech

While historical FinTech acquisitions have been smaller, early signs indicate incumbents have a growing appetite for larger deals.


Mastercard commits $510 million for new global cybersecurity centre in Vancouver

Minister Navdeep Bains and Ajay Banga, CEO of Mastercard, revealed today that Mastercard will open its latest global technology centre in Vancouver.


Paris-based challenger bank Qonto raises €104 million, the largest funding round for a French FinTech

Qonto, the challenger neobank for SMEs and freelancers, announces it has successfully raised an additional €104 million in the largest funding round ever for a French FinTech.


Innovate Financial Health announces startups in first-ever cohort of impact accelerator

Innovate Financial Health has announced the participants and launch of its first-ever accelerator cohort.


TechCrunch

Revolut partners with Flagstone to offer savings vaults in the UK

Revolut offers you multiple ways to save. You can round up all your card transactions to the nearest pound and save spare change in a vault.


Wealthsimple moves into spending space with hybrid spending and saving account

Wealthsimple has entered into the spending space with the launch of Wealthsimple Cash, its first hybrid spending and savings account for Canadians.


WorldPay and Visa back African payments firm Flutterwave

Flutterwave, a payments startup operating in Africa, is looking to expand across the continent after closing a $35 million funding round and securing partnerships with Visa and WorldPay.


ATB Financial to host open finance hackathon in February

Alberta-based ATB Financial is hosting an open finance hackathon on February 7 and 9 at Royal Mount University in Calgary.


TechCrunch

Opera and the firm short-selling its stock (alleging Africa FinTech abuses) weigh in

Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its FinTech products in Africa.


Equity analysis startup Canalyst raises $20 million Series B

Canalyst, a Vancouver-based startup offering equity research for capital markets, has closed a $20 million Series B.


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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.