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.


Wealthsimple for Advisors to be acquired by Purpose Advisor Solutions(BETAKIT)

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


Finance’s Guide to Automating your Subscription Business(SAGE)

With the subscription economy, you’re focusing on longer-term customer relationships vs. transactions. And that means downstream complexity with billing, revenue recognition, forecasting, and SaaS metrics.

Download this eBook to learn more about automating your subscription business, accelerating the quote-to-cash cycle, and the five steps you can take better manage your financials.

US regulators need to catch up with Europe on FinTech innovation(TECHCRUNCH)

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(BETAKIT)

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(FORBES)

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(BETAKIT)

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(EUSTARTUPS)

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(BETAKIT)

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

Revolut partners with Flagstone to offer savings vaults in the UK(TECHCRUNCH)

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(BETAKIT)

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(FINEXTRA)

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(BETAKIT)

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

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

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(BETAKIT)

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

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.

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