F|T: The FinTech Times – FinTech startups say whatâs happening in Canada is “not normalâ
Plus: Abraham Tachjian says open banking work “absolutely” on track.
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Canadian startup news of the week (10/17/22)
Plus: Payments Canada delays Real-Time Rail payment system launch (again).
26 Canadian tech startups added to list of firms on path to $1 billion in annual revenue
Communitech list points to Paper, Talent.com, Brim, Miovision, Neo, Dapper Labs.
Payments Canada delays Real-Time Rail payment system launch (again)
PayTechs of Canada executive director calls process âdisappointingâ and âabsurd.â
Toronto-Waterloo rises, Calgary and MontrĂ©al ecosystems to watch in Startup Genomeâs global FinTech rankings
Vancouver cracks top 10 ecosystems with a population of less than three million.
Information VP, National Bank invest in US FinTech FX HedgePoolâs $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn.
Canadian startup news of the week (8/28/22)
Plus: How GrowthX found product-market fit across Canada’s accelerators.
Bank of Canada’s Ron Morrow: FinTechs “need to be ready” for upcoming retail payments regulations
Morrow expects the Bank will begin registering payments service providers in 2024.
ZayZoon raises $25.5 million to expand its earned wage access business across the US
ZayZoonâs earned wage access model never caught on in Canada, but took off south of the border.
Portage Ventures rolls out new late-stage FinTech fund, aims to raise up to $1 billion USD
Amid downturn, Portage sees chance to fund FinTech firms reluctant to take valuation hit.
Sagard hits $400 million CAD goal for private equity fund
Firm plans to continue raising capital for the fund.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzilâs mandate is âto bring a digital Islamic financial institution to Canada.â
Canadian tech venture deal count continued to decline in Q1 2022, but total investment stayed high: CVCA
Q1 2022 was also just shy of the most private equity deals on record.
Value of Power Corpâs FinTech portfolio drops as Wealthsimple faces second May markdown
Power calls decrease in fair value of Wealthsimple stake âconsistentâ with broader stock market decline.