F|T: The FinTech Times – Travel lending for your dream vacation

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.

TD announces digital mortgage application tool (BETAKIT)

The new mortgage application tool is available to Canadians on all devices, with features such as 24/7 access, save and resume, status tracking, and document upload.

Go-Jek makes first close of $2 billion round at $9.5 billion valuation (TECHCRUNCH)

The capital is likely to go toward deepening its presence in new markets and furthering its FinTech push.

Wealthsimple announces new partnership with TurboTax to make RRSPs easier (BETAKIT)

“This is TurboTax Canada’s first partnership of its kind, and we are really excited about how it addresses a major taxpayer need,” said Matt Lisowski, general manager of TurboTax Canada.

Blockchain startup Symbiont raises $20 million to take aim at a cause of the financial crisis (FORTUNE)

The firm has focused on creating a permissioned blockchain network for financial purposes. So unlike, say, Bitcoin’s blockchain network, which anyone can see, Symbiont’s network requires the permission of its users for a new party to enter.

A private equity bet in Latin America proves the strength of FinTech investments there (TECHCRUNCH)

Across Latin America, FinTech startups have hit billion-dollar valuations and raised hundreds of millions as investors vie for a piece of the region’s growing e-commerce and financial services markets.

Zafin raises $22 million CAD Series B as the FinTech expands its relationship with Accenture (BETAKIT)

Zafin had announced the sale of select professional services assets to the global management consulting firm just before the holidays.

MarketInvoice raises £56m in equity and debt funding (FINSMES)

The funding was led by Barclays and fintech fund Santander InnoVentures, with participation from existing investor European venture fund Northzone.

Mogo opens more than 200,000 new member accounts in 2018 (BETAKIT)

Mogo is currently developing features and products, including the rollout of the enhanced MogoCard with a new cash-back program, as well as the expansion of its MogoWealth products.

Travel startup Uplift raises $123 million (PYMNTS)

Uplift works like this: it partners with vacation sites for companies like Southwest, American Airlines, United Airlines, Allegiant and Kayak, and offers travel finance. It does this by partnering with banks to let people pay for trips in monthly installments.

Portag3 Ventures expands into Europe, adds Hélène Falchier as partner (PYMNTS)

Based in France, Falchier will assist the Portag3 team with a focus on sourcing and driving investment opportunities in Europe.

Borrowell launches first free AI-powered credit coaching tool in Canada (BETAKIT)

Borrowell says that more than 800,000 Canadians have received their credit score through its service.


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.

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