Float announces $85-million Series C round to support AI push
Fast-growing Toronto FinTech now serves more than 7,500 Canadian businesses.
FinTech
Restaurants call on courts to force XTM to repay missing funds
FinTech’s payments platform abruptly collapsed earlier this year
Q&A: How open banking could leave small FinTechs out
FDATA head Steve Boms argues for a “sponsored” accreditation model in Canada.
Blossom Social raises more than $2 million through FrontFundr campaign
Funding will help the social network for investors continue its global expansion.
Tetrix raises $15 million USD to excavate investor data buried in old technolgies
Canadian co-founded, New York-based investment intelligence platform will expand Montréal office with new funding.
Wealthsimple bets on a complex market
Plus: Feds force through controversial Bill C-22.
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.
Michael Hyatt-backed BrokerPlus launches to disrupt “antiquated” mortgage industry
Surf co-founder and former Boardy colleague want to empower brokers with AI.
Nuvei to buy US payments processor Payoneer for $2.75 billion USD
Montréal-based Nuvei says combined company will process more than $500 billion in annual payment volume.
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.
Nesto secures nearly $1.5-billion valuation in new Series E round
Montréal-based digital mortgage lender wants to speed up approvals using AI.
Coinbase Canada appoints Eric Richmond as new CEO
Former leader Lucas Matheson left the crypto exchange in December to join Opendoor.
DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem
Brainchild of Koru and Scoop aims to solve the quiet inefficiency eating away at brokers’ margins.
Stablecoins will eventually “leapfrog” real-time rail payments, finance leaders say
Panelists at the 2026 Canadian Finance Summit agreed that stablecoins present better value than RTR payments.