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Toronto-based FinTech startup Wealthsimple has launched its cryptocurrency platform, which provides commission-free trading of Bitcoin and Ethereum.
Atlanta gets a billion-dollar startup business as Greenlight’s family-focused FinTech nabs $215 million (TECHCRUNCH)
Greenlight Financial Technology, the FinTech company that pitches parents on kid-friendly bank accounts, has raised $215 million in a new round of funding.
Nuvei has reportedly closed its initial public offering (IPO) through the Toronto Stock Exchange (TSX) at $833 million USD.
TransferWise said its net profit more than doubled to £21.3 million ($27.1 million) in the fiscal year ending March 2020.
Neo Financial, the new Canadian FinTech startup focused on challenging the status quo in banking, has begun rolling out its services in Western Canada.
Is Klarna worth $11bn? (SIFTED)
Within hours of Klarna announcing its $10.65bn valuation, investors rushed to defend its new crown as the 4th most highly-valued private FinTech in the world.
The 2020 list highlights startups that have been able to show resilience in navigating the COVID-19 pandemic.
Irony aside, the former executive allegedly secured millions from investors based on fake financial statements.
Tech companies in British Columbia continued to see consistent venture funding in the second quarter of 2020, despite another drop in deal volume.
The new funding is an outcropping of the Series G round unveiled in August for the firm, which is said to have helped millennials become interested in trading.