F|T: The FinTech Times – Crypto losses mount as Canadian companies join anti-money laundering standard
Plus: A third of Bolt’s staff checks out.
fintech
F|T: The FinTech Times – More markdowns and down rounds
Plus: Coinbase Slashes Costs, Freezes Hiring Amid Crypto Crash
F|T: The FinTech Times – Crypto’s Terra-ble, horrible, no good, very bad week
Plus: Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation.
Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
F|T: The FinTech Times – The Neo Unicorn
Plus: Applications are open for the Calgary FinTech Awards.
Platform Calgary opens applications for Calgary Fintech Awards
Participating startups get a chance to win up to $250,000.
F|T: The FinTech Times – Flutterwave’s reputation falters
Plus: OneVest secures $5 million to help companies like Neo Financial launch wealth management products.
F|T: The FinTech Times – Canada’s crypto consolidation
Plus: Beanstalk cryptocurrency project robbed after hacker votes to send themself $182 million.
Do Canadian FinTechs want bank kickbacks or competition?
Can a “whole of government” approach to competition break Canada’s oligopolies?
Impression Ventures secures $64 million for fourth fund, continues to bet on seed-stage FinTech
Impression bet early on Wealthsimple and won. Now the firm wants to make bigger bets.
F|T: The FinTech Times – Can Float win Canada?
Plus: Amid mounting competition, Float’s CEO believes company has what it takes to win in Canada
F|T: The FinTech Times – RBCX-TRA
Plus: OpenSea ‘Sitting on Ticking Bomb’ as lawsuits pile up over stolen Apes.
Fintech Cadence receives $400,000 government grant to help Québec FinTechs scale
The FinTech incubator says the money will enable it to assist 125 entrepreneurs, startups.
F|T: The FinTech Times – Sequoia, A16Z, and Tom Brady (Oh my)
Plus: Alberta proposes regulatory sandbox to attract FinTechs, crypto companies to the province.