F|T: The FinTech Times – The bank that FinTech built

FinTech Times

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.

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BetaKit

Borrowell raises $6.4 million in operating and loan capital from Power Financial, Equitable bank

The big name today is financial giant Power Financial, which also invested in Wealthsimple’s $30 million Series A.



Wealthsimple

Richard Linklater Tells Us Why He’s Glad He Got Downsized

The Oscar-nominated director of Boyhood talks to Wealthsimple about the blessings of bad jobs, not caring about money, and, yeah, getting laid off. (sponsored)



BetaKit

Tangerine and Ryerson University partner to open FinTech incubator in Toronto

The new Ryerson Tangerine Thinkcubator, which will be dedicated to providing space for startups working on FinTech and mobile connected workforce solutions.



Finextra

Samsung Pay reveals latest figures, draws international expansion roadmap

Samsung has five million registered users and processed over $500 million in transactions in the first six months since its launch in South Korea and the US.



BetaKit

Mike Katchen says BMO tried to build its own Wealthsimple to compete in growing FinTech market

In a sit-down with The Disruptors co-host Bruce Croxon, Wealthsimple’s CEO Mike Katchen talked about the appeal of FinTech startups to the general public, and the inevitable increase of FinTech partnerships.



TechCrunch

500 Startups Launches A Pair Of $25M Funds Focused On India, FinTech

500 Startups currently has over 80 FinTech investments that have made over the past six years, including investments in CreditKarma and Flywire.



The Warf

Why I launched my FinTech firm in London NOT Silicon Valley

Freddy Kelly says London is young and hungry.



VentureBeat

The bank that FinTech built: Number26 and TransferWise team up to reinvent banking

The partnership will give Number26 customers in-app access to a cheap international money-transfer service.



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Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.