F|T: The FinTech Times – Major raises


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As BitGold surpasses one million users, parent company realigns its operations(BETAKIT)

Goldmoney, the parent company of gold-based payments and savings platform BitGold, is consolidating its operations by merging BitGold’s individual operations into the larger Goldmoney company.

The Cofounder of Frank + Oak Tells Wealthsimple About Living Frugally and Spending Richly(WEALTHSIMPLE)

Ethan Song thinks we should all plan our futures really carefully—including blowing cash on what makes life fun. (sponsored)

Apple Pay expands to TD Canada Trust, BMO and Scotiabank customers(MOBILESYRUP)

Tangerine says it will support Apple Pay by the end of July.

Payveris raises $7.5M(FINEXTRA)

Payveris has added more than 100 financial institutions as customers in the past two quarters and has expanded its team by 40 percent.

ChangeJar wants loose change to be a thing of the past with its app(BETAKIT)

In addition to transactions between customers and businesses, ChangeJar can be used for instant person-to-person transfers.

CIBC, Scotia deepen relationship with Montreal FinTech player Thinking Capital(FINANCIAL POST)

The two banks are more than doubling the credit facility of the online small business lender to $125 million, which will allow the Montreal-based firm to extend more loans.

Intel Plants FinTech Seeds In Tel Aviv(PYMNTS)

Intel has finalized a deal with The Floor, a Tel Aviv-based FinTech hub, that will see a new lab built exclusively for the development of distributed ledger solutions, Internet of Things innovations and biometric applications.

Fraud prevention startup Featurespace raises $9 million(FINEXTRA)

The round includes participation from existing investors, including Imperial Innovations Group plc, Nesta, Cambridge Angels and Cambridge Capital Group.

Ex-Barclays chief Antony Jenkins sets up new FinTech venture(TELEGRAPH)

Former Barclays boss Antony Jenkins has registered a new business called 10X Future Technologies, following his own forecasts that banking faces an “Uber moment” as innovative rivals shake up the sector.

Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.

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