F|T: The FinTech Times – Real-time Rail wait-and-see

Investing

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.


Information Venture Partners adds former Georgian investor Jane Podbelskaya as it continues to expand team (BETAKIT)

Information Venture Partners has appointed Jane Podbelskaya as principal, as the venture firm has continued to grow its investing team in recent months.


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Why the rise of bitcoin could be the first shot in a currency revolution (CBC)

Skeptics say the cryptocurrency could crash, walloping investors, while believers say it signals a sea change.


FinTechs on the fence as Interac chosen for Canada’s real-time payments provider (BETAKIT)

Payments Canada has selected second provider for the real-time payment system. In response to the news, Canadian FinTechs are taking a wait-and-see approach.


Goldman Sachs set to jump back into cryptocurrency trading (BNN BLOOMBERG)

Goldman Sachs Group Inc. is restarting a trading desk for cryptocurrencies amid a surge in the value of Bitcoin, a person familiar with the effort said.


FrontFundr looks to help companies go public through new partnership (BETAKIT)

Through this partnership, FrontFundr will work with ExpoWorld to support interested clients on the FrontFundr platform with solutions related to going public.


Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada (BETAKIT)

Wealthsimple is set to transfer all of its existing US-based customer accounts to Betterment by June.


Square to buy majority stake in Jay-Z’s Tidal music streaming platform (WALL STREET JOURNAL)

Square Inc. has created a one-stop financial shop for coffee shops, flea markets and all manner of small merchants. Now it is trying to do the same thing for musicians, teaming up with Jay-Z’s Tidal streaming service.


An incomplete list of Canadian tech events, programs, and organizations supporting women’s initiatives (BETAKIT)

For International Women’s Day, a collection of the numerous Canadian tech events, programs, and organizations seeking to support women’s initiatives – plus a look at how International Women’s Day events have made the pivot to online this year.


Federal government extends current Canada Emergency Wage Subsidy, CERS rates to June (BETAKIT)

The federal government will extend the current rate of the Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Rent Subsidy (CERS) programs through to June.


Revolut lets customers switch to Revolut Bank in 10 additional countries (TECHCRUNCH)

If Revolut Bank shutters at some point down the road, customers can claim up to €100,000 thanks to the scheme — both euros and foreign currencies are protected.


Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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