FinTech startup Reach secures $30 million in equity and debt
The deal marks Reach’s first outside capital.
fintech
F|T: The FinTech Times – Vitalik Buterin has concerns
Plus: The push for open banking progress.
Canadian FinTech leaders press Government of Canada for progress on open banking
Open letter calls on feds to appoint open banking lead, adopt recommendations outlined in last year’s report.
F|T: The FinTech Times – Portage secures a boatload
Plus: A year after launch, Backbone Angels is closing gaps felt by underrepresented founders.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
F|T: The FinTech Times – BitConnect founder goes bye-bye
Plus: Questrade launches online mortgage service QuestMortgage.
F|T: The FinTech Times – Leadership changes at Clearco
Plus: 1Password expands into crypto.
F|T: The FinTech Times – Things at Better are getting worse
Plus: Canadian tech salaries jumped 38 percent since 2019, but attracting talent is tough.
F|T: The FinTech Times – Bitcoin’s Bonnie and Clyde
Plus: Tories push Trudeau for plan to lure crypto investment.
Wafra Capital Partners acquires Toronto FinTech startup Financeit from Goldman Sachs
The sale comes five years after Goldman Sachs acquired Financeit.
F|T: The FinTech Times – Can Koho disrupt Canadian banking before Wealthsimple disrupts them?
Plus: Coinbase adds Shopify CEO to board of directors.
F|T: The FinTech Times – Bench’s CEO gets benched
Plus: Wealthsimple founder says Canada should ‘plant a flag’ in crypto.
Zafin acquires Fincad, adding analytics to its FinTech services
Zafin also announced launch of a new banking group.
F|T: The FinTech Times – Andreessen Horowitz wants *how much* to invest in crypto?
Plus: Shakepay shakes its way to a $44 million Series A.
F|T: The FinTech Times – The Quadriga quandary
Plus: Canadian crypto exchanges take issue with Crypto.com’s domestic advertising blitz.