F|T: The FinTech Times – Ontarians at risk

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.


Flinks closes $1.75 million from National Bank, Luge Capital

It’s the first investment for Luge Capital, which launched in early June with $75 million.


PayPal sells its consumer credit portfolio to Synchrony for $7 billion

Synchrony will now be the exclusive issuer of the PayPal Credit online consumer financing program in the US through 2028.


Tradeshift pilot Stablecoin to speed up business payments

MakerDAO – the company behind the stablecoin DAI – said its stablecoin is now being tested with the Tradeshift Cash solution in a bid to tokenize unpaid invoices of small businesses.


Finn AI launches on the Temenos Marketplace

Temenos Marketplace is a web-based application that allows users to manage business applications on a single site.


Airwallex raises $80M for its international payment service for businesses

The round was led by existing investors Tencent, the $500 billion Chinese internet giant, and Sequoia China.


National Bank launches mobile POS powered by Montreal FinTech Mobeewave

The bank has invested in several FinTechs, including Montreal-based Flinks and Toronto-based Nest Wealth.


Flipkart seeking NBFC license; Soon to venture into FinTech space

Sixty percent of the company’s customers do not have access to credit.


ThetaRay secures $30 million investment

Investors in the round included Jerusalem Venture Partners, GE, Bank Hapoalim, OurCrowd, SVB and others.


OSC study: Lack of cryptocurrency knowledge putting Ontarians at risk

In May, the OSC issued a warning against firms that it said are not registered to provide advice on investing in securities in Ontario.

Subscribe to F|T: The FinTech Times newsletter

* indicates required


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

0 replies on “F|T: The FinTech Times – Ontarians at risk”