F|T: The FinTech Times – The wait for Open Banking continues

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Canada’s open banking consultations delayed until Fall “at the earliest”

Canada’s Department of Finance has delayed its consultation on open banking until the “Fall at the earliest,” BetaKit has learned.


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African FinTech firm Flutterwave launches SME e-commerce portal

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.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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