Paystone enters creditor protection, pursues debt restructuring, sale
London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.
fintech
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
Feds release proposed open banking regulations
Draft rules would require banks to share account, transaction data upon request.
Float announces $85-million Series C round to support AI push
Fast-growing Toronto FinTech now serves more than 7,500 Canadian businesses.
Restaurants call on courts to force XTM to repay missing funds
FinTech’s payments platform abruptly collapsed earlier this year
Six-month-old Anchorbase closes $2 million USD pre-seed round
Payment automation platform plans to scale its engineering and product teams.
Questrade launches custom indexing as massive IPOs reshape the market
CPO says there’s demand for portfolio flexibility ahead of blockbuster IPOs from Anthropic and OpenAI.
Wealthsimple partners with US exchange Kalshi to launch prediction market app
Users can only make predictions on climate, economic markets, and financial indicators.
Meet the father-son duo hoping to turn their AI side project into a gaming company
After vibe-coding a viral colour memory game, Geoff and Sam Teehan want to make it a lasting business.
Calgary is now the fastest growing tech ecosystem in Canada
Global report shows city’s tech sector growth dramatically outpaces Canadian average.
Tech’s World Cup takeover
Plus: Canada’s new FinTech unicorns.
Koho becomes Canada’s latest unicorn following $130-million Series E round
FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.
Coinbase Canada appoints Eric Richmond as new CEO
Former leader Lucas Matheson left the crypto exchange in December to join Opendoor.
Is Canada’s AI strategy a plan of action?
Plus: Waabi’s Raquel Urtasun explains the coming Physical AI revolution.
Inovia promotes Mia Morisset to partner on growth team
Montréal VC firm’s third growth fund has raised $365 million USD of $450-million target.