F|T: The FinTech Times – The FinTech powerlist

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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STACK FinTech Times


BetaKit

Wealthsimple, Trulioo among Canadian companies in CB Insights FinTech 250

The list also included Wave, Financeit, and Street Contxt.


STACK

STACK RECOMMENDS: Ottawa unveils ‘supercluster’ innovation plan

“A Federal backed plan shows Canada’s commitment to driving and leading global innovation.”
– Miro Pavletic, CEO and co-founder of STACK


BetaKit

#EmpireFinTech Conference says thinking beyond Canada, adopting AI key to scaling ecosystem

“We adopted the language of collaboration very late,” said Jeff Mitelman.


VentureBeat

PayPal invests in LendUp, a startup that offers loans to consumers rejected by banks

LendUp seeks to differentiate itself by offering products that it believes can help consumers with low credit scores and volatile incomes achieve financial health.


Cryptocoin News

Investors are preparing to give FinTech app Revolut £50 million even though it’s bleeding money

London VC Index Ventures, already an investor in Revolut, is leading the round.


BetaKit

Boston’s FinTech Sandbox expands to Ontario to help startups scale with access to data

OCE said it will provide the initial access to FinTech Sandbox’s resources to qualified FinTech small and medium-enterprises.


Finextra

In-app payment messaging startup PayKey raises $6 million

The round is being led by MizMaa, a US and Chinese backed venture capital fund that invests in Israeli-based tech startups.


CNBC

Banks bet on AI for a ‘self-driving’ banking experience

According to a survey of 600 bankers by Accenture, 76 percent think that in the next three years, the majority of banking organizations will deploy AI interfaces as their primary point for interacting with customers.


Financial Post

Canada’s big banks testing Toronto-based digital identity network powered by blockchain

The network will allow consumers to use a mobile app to confirm details of their identity such as age or credit scores when accessing services, said SecureKey’s CEO.


Finextra

OpenDoor completes $10M Series A funding round

The funds will be used to enhance the OpenDoor trading platform, improve its connectivity to current customers, and expand its network of client institutions and central banks.


BetaKit

nanopay launches retail payment platform as part of MintChip ecosystem expansion

nanopay said that because it is creating a “digital representation” of the Canadian dollar, it can prevent counterfeit bills or charge-backs.


Inc42

FinTech startup Rubique raises $3M bridge funding from Kalaari, others

The investment was led by existing investor Kalaari Capital and Udayan Goyal, Managing Partner at Apis Partners.


Forbes

Women in FinTech 2017 powerlist: Innovate finance opens nominations

Women in the FinTech sector are celebrated for their talent and contribution to the space and nominations for the powerlist are open to candidates from around the world.


BetaKit

Real Matters named CIX 2017 Innovator of the Year

CEO Jason Smith will share insights as a keynote speaker at the CIX conference.


Forbes

Is blockchain disrupting the way startups raise funds?

Startups are now exploring blockchain’s use in fintech and startup funding. This month alone, there were around 10 blockchain startups that launched their own cryptocurrency presales to fund their ventures.



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Amira Zubairi

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.