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Canadian securities regulator publishes additional guidelines for trading crypto assets(BETAKIT)
The Canadian Securities Administrators published a set of guidelines on Thursday to help organizations determine when securities regulation applies to crypto.
Sage CFO Panel Event Feb. 19(SAGE)
70% of Canadian financial decision-makers are responsible for driving digital transformation in their business. Thanks to the disruptive landscape of digital technology, it has never been more important for CFOs to stay informed of the latest trends impacting their industries.
Join Sage in Toronto on February 19 for an event bringing together senior finance professionals to discuss and learn more about the evolving role of the CFO.
Mobile payment app Lydia raises $45 million round led by Tencent(TECHCRUNCH)
Tencent is leading the round with existing investors CNP Assurances, XAnge, and New Alpha also participating.
Visa set to buy Plaid, the FinTech that powers apps like Betterment and Venmo, for $5.3 billion(BUSINESSINSIDER)
Plaid raised $250 million in a Series C in December 2018, which Visa participated in, at a reported valuation of $2.65 billion.
Flinks hires new CRO as company preps for growth(BETAKIT)
Montreal-based Flinks has announced that Clayton Feick will be its new chief revenue officer as the financial data product startup prepares for growth stage.
Charlotte’s AvidXchange raises $260M in TPG-led Series F for accounts payable platform(CRUNCHBASE)
The company is already valued at over $1 billion but it would not disclose at which valuation this round was raised.
How FinTech is transforming microfinance(BUSINESS2COMMUNITY)
FinTech is gradually making its way to revolutionise microfinance. It will be a success but it is important to know what changes will it bring with the revolution.
Lawmakers call for investigation of FinTech firm Yodlee’s data selling(WSJ)
Financial-data firm Yodlee might be selling consumers’ personal financial data without proper consent, three lawmakers said in a Friday letter calling on the Federal Trade Commission to investigate the matter.
Lendesk launches app following acquisition, integration of LenderSpotlight(BETAKIT)
Vancouver-based Lendesk has launched a mobile application aimed to provide mortgage industry professionals with access to rate and policy information.
Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts(TECHCRUNCH)
The startup, which had accepted just $6.6 million over two rounds before its latest investment, has raised $23 million in a Series A led by MTECH Capital and VIOLA FinTech.
FinTech startup aims to create new asset class with ‘continuous’ ICO model(COINDESK)
A newly launched FinTech firm hopes to leverage the token sale model to back investments in real-world assets. But it’s taking a different approach than many previous projects.