F|T: The FinTech Times – The merits of digital currencies

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.


BetaKit

University of Toronto launches financial innovation hub for its students

The Rotman FinHub will develop opportunities for students to learn about machine learning and blockchain.


e27

Singapore’s community-led crypto-FinTech startup Change raises US$17.5M via tokens sale

The startup will use the funds to develop its upcoming digital wallet, banking card and mobile app.


Crowdfund Insider

Sweden’s Nordea Bank launches venture fund for FinTechs

Nordea Ventures will focus on investments offering mutual strategic value, scalable business models, and unique solutions. Investments are mainly, but not exclusively, expected to be in companies that have a Nordic focus.


Finextra

Credit Suisse acquires majority stake in automated lender Tradeplus24

Founded in March 2016, Tradeplus24 has developed a product that offers a way for SMEs and mid-market companies to increase their working capital and lend against account receivables.


TechCrunch

Bitcoin Bubble Burst will warn you if the bitcoin dream is about to crash down

Whether you’re a bitcoin believer or a vulture waiting to have your bubble predictions proved right, you’re probably keeping one nervous eye on the charts in anticipation of the crash everyone seems to expect any second now.


Toronto Star

Bank of Canada releases white paper on merits of creating digital currency

As society starts to move away from cash, it may be time to create a central bank digital currency, report says.


PYMNTS

First Data acquires BluePay Holdings

A provider of technology-enabled payment processing for merchants in the U.S. and Canada, BluePay was one of First Data’s largest distribution partners with a strong focus on software-enabled payments and card-not-present transactions.


BetaKit

Canadian Payments Innovation Forum says collaboration continues to drive FinTech innovation

“A lot of payment strategies are coming out of these partnerships.”


Finextra

Deposit Solutions closes $20 million investment round

Deposit Solutions, an open banking platform for deposits, raised the funds from existing shareholders e.ventures and Greycroft.


Huffington Post

How AI is changing FinTech

AI has taken the tech world by storm, allowing companies to cut costs, automate a variety of their processes, as well as boost their bottom line.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.