F|T: The FinTech Times – The inevitable arrest of SBF
Plus: Nesto raises $80 million series C.
fintech
Subsidiaries of FinTech startup Lendified face creditors over unpaid loans
Creditors move to seize Lendified assets after company defaults over some $6.6 million.
Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs
Walnut has partnered with Neo Financial, Nuula to launch their insurance products.
F|T: The FinTech Times – Is CPPI out on crypto?
Plus: Plaid lays off 20%, Delphia makes acquisitions.
F|T: The FinTech Times – BlockFi bankruptcy, Buckzy takes the smart money, the Kraken is re-leashed
Plus: FTX collapse hits Gadze Finance.
F|T: The FinTech Times – Canadian crypto leaders want “consequences” after FTX fall
Plus: Pipe on the hunt for a new CEO.
Legal tech startup Clio advances its FinTech play with launch of payments product in Canada
Clio claims to have processed over $1 billion USD in legal transactions.
F|T: The FinTech Times – Klarna slows expansion, Ripple targets the EU
Plus: Canadian tech layoffs continue.
Intuit launches third edition of Prosperity Accelerator for Toronto FinTech startups
Amid slowdown in FinTech funding, Intuit wants to continue helping startups scale.
F|T: The FinTech Times – The FTX clustercuss has ties to Canadian tech
Plus: FinTech investor Holt Xchange launches Web3 fund.
FinTech investor Holt Xchange launches fund at intersection of Web3, sports media, entertainment
Advisory council includes DeMar DeRozan, Raine Maida, and Milos Raonic.
F|T: The FinTech Times – Layoffs hit Stripe and Chime
Plus: Mogo might get delisted from the Nasdaq.
F|T: The FinTech Times – Wealthsimple stakes its crypto claim
Plus: WonderFi swaps CEO as company plans stock trading, sports betting hedge.
F|T: The FinTech Times – Wealthsimple achieves a Canadian FinTech first, plots new products
Plus: Mastercard to help make crypto trading easier.
Wealthsimple first FinTech startup approved by Bank of Canada for direct settlement
The approval will give Wealthsimple direct access to Real-Time Rail.