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 is set to expand into the cryptocurrency trading space with the launch of Wealthsimple Crypto.
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.
Alipay, the brand of Ant’s consumer finance app, claims to earmark 1.3 billion annual active users as of March.
The OSC has alleged that crypto trading platform Coinsquare manipulated the market through the reporting of inflated trade volume numbers.
Monzo Plus has been relaunched in the U.K. with perks including the ability to earn 1% interest on savings and check your credit score.
Toronto-based InsurTech startup Foxquilt has raised $3.5 million CAD in seed financing.
Robinhood Markets Inc. has raised fresh funding as more first-time investors sign onto the app’s simple mobile interface to trade stocks.
Willful, which provides online will and estate planning, has raised $800,000 in seed financing.
In the past couple of years, Klarna has begun to offer a direct-to-consumer digital shopping mall that services close to 8 million U.S. consumers.
Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised.
Canadians becoming less reliant on banks: poll (HUFFINGTON POST)
A new survey from EY suggests Canadians are becoming less dependent upon their banks as the main providers of financial services.
The Intuit Prosperity Accelerator is now accepting applications until September 4.