F|T: The FinTech Times – Wealthsimple takes stock

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.

Wealthsimple launches previously announced stock-trading mobile app

“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.

Brought to you by:

What Carol Leaman learned from scaling a company and selling it to Google (BETAKIT)

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.

Investing app Stash raises $65M, launches banking and ‘stock-back’ rewards with Green Dot (TECHCRUNCH)

The funding includes participation from Breyer Capital.

Mastercard acquires Ethoca to help reduce digital commerce fraud (BETAKIT)

“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.

Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform (COINTELEGRAPH)

Finturi’s blockchain-based invoice finance platform is scheduled to launch in the third quarter of 2019.

Crypto Action Task Force calls for universal framework after QuadrigaCX

“We want to aggregate the common practices we use every day as the largest organizations & people that have been here the longest.”

PayPal now lets US users instantly transfer funds to bank accounts in seconds (TECHCRUNCH)

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.

FinTech startup Tally debuts what it claims is the world’s ‘only free automated savings service’ (FORTUNE)

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.

Calgary-based ZayZoon closes $15 million round for financial wellness tools (BETAKIT)

Founded in Calgary in 2014, ZayZoon was developed with the goal of improving the financial and emotional health of workers.

Acko, a digital insurance provider in India, raises another $65M at a $300M valuation (TECHCRUNCH)

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.

seriesOne acquires Dynamo Development (FINSMES)

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.


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.

0 replies on “F|T: The FinTech Times – Wealthsimple takes stock”