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Moneris called this announcement part of an “evolving partnership” with Lightspeed.
YieldStreet — which provides a platform for making alternative investments in areas like real estate, marine/shipping, legal finance, and commercial loans, raised the funding from Edison Partners and others.
The FinTech Advisory Committee advises OSC staff on developments in the FinTech space, as well as challenges being faced by businesses in the securities industry.
At the center of Beam’s platform is an API-based SaaS software that can parse hundreds of factors that go into millions of financial transactions. The platform offers customers analytical tools that allow them to report, monitor, and identify potential vectors of financial crimes.
Customers will be able to check their eligibility for an Affirm loan online before heading into Walmart to shop, and then receive their decision in real time, without a hit to their credit score.
The round was led by digital asset investment company Digital Currency Group and Israeli cybersecurity company Team8.
Blok Tech said the acquisition gives it access to Sierra’s suite of software tools and apps that run on blockchain methodology.
Founded by Tosin Eniolorunda, TeamApt supplies financial and payment solutions to Nigeria’s largest commercial banks — including Zenith, UBA, and ALAT.
“The growth of Interac e-Transfer demonstrates Canadians’ preference for digital transfer services as an alternative to cash or cheque,” says Anurag Kar, director of digital push payments at Interac.
Brex’s new e-commerce card offers a 60-day, interest-free credit line, with limits ranging from tens of thousands to millions of dollars. Those limits will be three to five times higher than traditional corporate cards, says CEO Henrique Dubugras.
With the new funds, Danke plans to upgrade its data processing system that deals with rental transactions.