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Eli Fathi retiring as MindBridge CEO (BETAKIT)
Fathi publicly announced his intentions this week, after informing MindBridge’s board of directors earlier this year.
Robinhood reveals rising revenue and a $1.4 billion loss (NEW YORK TIMES)
The stock-trading app unveiled its initial public offering prospectus, right as the brokerage also agreed to pay $70 million to settle a regulatory investigation.
Sagard Holdings, the alternative investment arm of Power Corporation and manager of Portage Ventures, is launching a blank cheque company, or SPAC, focused on FinTech acquisitions.
Nothing symbolizes cryptocurrency’s troubles with regulators as well as the travails of Binance, the world’s largest crypto exchange by volume.
While Canada is often viewed globally as a thriving hub within the digital economy, Indigenous communities and practitioners are largely missing from the conversations and spaces about the future ‘smart’ and decentralized technologies.
The software startup focused on app developers early on. Now it’s speaking to consumers — and regulators, even as open banking in the US seems impossible.
The $50 million for the new Caravan fund comes from Clearco’s existing pool of debt facilities.
Smaller is bigger for payments giants (WALL STREET JOURNAL)
PayPal’s push for in-store sales is just one part of how payments players are tackling the post-pandemic digital-commerce shift.
Every 11 seconds, there’s a ransomware cyberattack against a business. These types of attacks happen even more frequently to individuals.
The round values 2TM Group, Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America.
In May, Wealthsimple raised a $750 million round of funding at a post-money valuation of $5 billion CAD. Since then, Wealthsimple has been expanding other areas of its business.