Report: investment in Canadian FinTech dropped almost $6 billion USD in 2022
But overall investment was still bigger than 2020.
fintech
F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech
Plus: PayPal’s CEO to retire at the end of 2023.
F|T: The FinTech Times – CoinSmart, Coinsquare split leads to legal proceedings
Plus: PayPal to cut 2000 workers.
F|T: The FinTech Times – Stripe’s path to IPO
Plus: Blockstream lands $125 million.
Fintech Cadence, Atlantic FinTech partner to create national reach
Partnership hopes to unify FinTech clusters across the country.
F|T: The FinTech Times – A Clearco co-founder resigns as CEO, again
Plus: the end of an era for crypto’s pseudo-banks.
After navigating “major” changes to restaurant industry, Notch closes $13.7 million CAD to fuel pivot to FinTech
CEO: “When you have to pivot in COVID, that’s a challenging place to be.”
F|T: The FinTech Times – Coinsquare breaks up with CoinSmart, courts WonderFi?
Plus: Nuvei enters $1.7 billion CAD deal to acquire Paya.
F|T: The FinTech Times – TikTok plots push into payments
Plus: Vancouver NFT startup acquired by Tokens.com
F|T: The FinTech Times – The inevitable arrest of SBF
Plus: Nesto raises $80 million series C.
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.