F|T: The FinTech Times – Diagram Ventures adds $100M onto its FinTech bet
Plus: Shopify backs Nigeria-based FinTech Nomba.
fintech
Diagram Ventures closes $100-million for latest fund as it continues to bet on FinTech
For the first time, Diagram will also invest in companies it doesn’t have a hand in creating.
Shopify backs Nigeria-based FinTech Nomba in $30 million round
Nomba provides payments and banking tools for businesses.
F|T: The FinTech Times – Super and Neo evolve, Pillar and Billi shut down
Plus: Revolut’s valuation troubles signal a stormy horizon for less-profitable neobanks.
Three FinTechs hiring experienced software developers in Canada
Mid-level and management software development positions are open across Canada.
Banking apps Pillar and Billi shut down as funding dries up for FinTech businesses
Venture funding for FinTech startups in Canada plummeted by 70 percent in 2022.
F|T: The FinTech Times – Wealthsimple co-founder steps back in C-suite shake-up
Plus: Canada’s new crypto rules: comply or leave.
F|T: The FinTech Times – Will FTX actually attempt a relaunch?
Plus: Arrest made in the stabbing death of Bob Lee.
F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
Plus: Bob Lee, creator of Cash App, stabbed to death.
F|T: The FinTech Times – Canadian FinTech startups tired of open banking waiting game
Plus: Federal budget 2023 commits to cleantech, little else
With no open banking update in #Budget2023, FinTech executives are increasingly jaded about timeline for delivery
Working groups resume April 14th, but open banking lead departs in September.
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud.
F|T: The FinTech Times – Signature Bank collapse another blow to crypto
Plus: SVB Canada forced into liquidation, paving way for auction
F|T: The FinTech Times – Stripe looks to raise another $6 billion
Plus: How the Silicon Valley Bank shutdown might impact Canadian tech.
Intuit, Highline unveil 2023 cohort of joint FinTech accelerator
Toronto-based Chexy and Carbonhound among the group of startups chosen.