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.
“We saw an opportunity to take the simple, human approach we’re known for and apply it to the trading experience,” says Mike Katchen, CEO and co-founder of Wealthsimple.
Speaking to BetaKit ahead of her appearance at TechExit.io on April 10th in Vancouver, the serial CEO shared her lessons learned from leading multiple companies, and reflected on starting, growing, and eventually exiting PostRank.
The funding includes participation from Breyer Capital.
“Ethoca is a strong addition to our multilayered cyber strategy, helping customers take immediate action against fraud,” says Ajay Bhalla, president of cyber and intelligence solutions for Mastercard.
Finturi’s blockchain-based invoice finance platform is scheduled to launch in the third quarter of 2019.
“We want to aggregate the common practices we use every day as the largest organizations & people that have been here the longest.”
The service is now being rolled out to consumers in the U.S., and will be extended to businesses in the country in coming weeks.
The 4-year-old startup, known for automating people’s credit card debt payments, is expanding beyond its initial product, which debuted last year, into one that automatically transfers a pre-set amount of money from consumers’ checking accounts into a savings account each week.
Founded in Calgary in 2014, ZayZoon was developed with the goal of improving the financial and emotional health of workers.
Acko has built its business on two fronts up to now. A direct to consumer offering sells automotive insurance for people insuring for themselves, a business that has now insured some 200,000 cars. It also works with third parties to provide what was described to me as “microinsurance” products around other companies’ services.
The acquisition enables seriesOne to expand and strengthen its in-house technology development capabilities, to accelerate the delivery of solutions for issuers and react to market demands with the support of an additional 40 engineers.