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.
Canada’s open banking consultations delayed until Fall “at the earliest”
(BETAKIT)
Canada’s Department of Finance has delayed its consultation on open banking until the “Fall at the earliest,” BetaKit has learned.
[Live webcast] CFO 3.0 Breakthrough Finance
In Canada, 7 in 10 financial decision-makers are responsible for driving digital transformation in their business. It has never been more important for Finance Leaders to stay informed with the latest trends impacting their role, company, and industry.
Join us for this live webcast as Finance experts discuss how the responsibilities of the CFO have evolved and how they are playing a key role in leading their businesses during a disruptive and ever-shifting landscape.
African FinTech firm Flutterwave launches SME e-commerce portal
(TECHCRUNCH)
San Francisco and Lagos-based FinTech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online.
FinTech startup Wise raises $5.7M (UKTN)
Wise, a FinTech startup that offers banking and payments services to modern businesses, has announced that it has raised $5.7 million in a seed round led by Base10 Partners’ Rexhi Dollaku.
Vancouver FinTech startup working with financial institutions to facilitate federal COVID-19 loans (BETAKIT)
FinTech startup JUDI.AI is working with its credit union clients to support online applications for the government’s Canada Emergency Business Account.
FinTech startup NIRA raises pre-Series A funding (VC CIRCLE)
The company has raised this capital from existing and new angel backers in the UK, Europe and India, NIRA said in a statement without disclosing the identity of the investors.
Berlin-based blockchain startup Gapless raises €5.5 million from Porsche, FinLab and others (TECH.EU)
Gapless, a 20-person startup based in Berlin that is building the world’s first blockchain platform for vehicle management, has picked up €5.5 million in new funding.
MMC Ventures releases report on blockchain and crypto (FINSMES)
London, UK-based venture capital firm MMC Ventures has released a new research report looking at blockchain and crypto finding that the industry is alive and represents the future.
Applications open for 75% Canada Emergency Wage Subsidy (BETAKIT)
The federal government has opened applications for the Canada Emergency Wage Subsidy (CEWS).
Geneva-based startup Taurus Group raises over €10 million to expand blockchain infrastructure for digital assets (TECH.EU)
Swiss FinTech startup Taurus Group has raised over €10 million in funding, led by a strategic investment from Arab Bank with participation from Foundation Tezos and other investors.