fintech | BetaKit

Canadian startup news of the week (8/28/22)

Plus: How GrowthX found product-market fit across Canada’s accelerators.

Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale.

Plus: Bank of Canada’s Ron Morrow says FinTechs “need to be ready”.

Plus: Framework Venture Partners secures $100 million USD first close for second fund.

Companies are working to weather challenging market conditions.

FinTech companies ride out a turbulent market.

KinHR marks Wagepoint’s second acquisition after securing $10 million from PSG.

Ledn co-founder eyes M&A, anticipates more crypto lending regulation amid crash.

Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close.

Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.

ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border.

The B Corp aims to give immigrants a boost with low-interest loans.

Plus: Our podcast was nominated for an award.

All bets are off.

Clearco called the cuts “necessary” and “prudent.”