The bottom fell out of Canadian FinTech funding in Q2 2022
Q2 2022 saw a dramatic 70 percent drop in FinTech funding YoY.
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F|T: The FinTech Times – A Caisse of bankruptcy
Plus: Stripe cuts internal valuation by 28 percent.
F|T: The FinTech Times – Vena customers allege SOC compliance falsehoods
Plus: Voyager account holders likely wonât get all their crypto back.
F|T: The FinTech Times – Klarna and Stripe’s valuations drop, Three Arrows in free-fall
Plus: Coinbase providing âGeo Tracking Dataâ to ICE.
FinTech chatbot startup Finn AI gets acquired by former partner Glia
Finn AI has also worked with Visa, BMO, and ATB Financial.
F|T: The FinTech Times – Crypto abandons Collision
Plus: Jeeves launches venture capital alternative for startups.
F|T: The FinTech Times â Wealthsimple, Coinbase, WonderFi make staff cuts
Plus: Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block.
FinTech Nuula launches app in Canada in partnership with Caary and OneVest
Nuula is building a partner ecosystem to serve local small businesses globally.
FinTech startup Swoop raises ÂŁ5.4 million to target US expansion through Canadian office
Irish company swooped into Canada last year after seeing countryâs commitments to open banking.
F|T: The FinTech Times â Clearco continues EU expansion, Hopper continues FinTech expansion
Plus: How crypto giant Binance became a hub for hackers, fraudsters, and drug traffickers
Hopper rolls out new FinTech products as it aims to build a “travel super app”
CEO says FinTech products make B2B play more sticky.
F|T: The FinTech Times â Canada’s FinTech super app is here
Plus: Pine comes out of stealth to build the âWealthsimple for home buying”.
Wealthsimple launches FinTech super app, combining startupâs financial products
Whatâs âbetter than a bank?â Mike Katchen thinks it’s a super app.
F|T: The FinTech Times â Crypto losses mount as Canadian companies join anti-money laundering standard
Plus: A third of Bolt’s staff checks out.
F|T: The FinTech Times â More markdowns and down rounds
Plus: Coinbase Slashes Costs, Freezes Hiring Amid Crypto Crash