Plooto co-founder sues payment software firm, accuses board of ousting him
Serguei Kloubkov alleges he was pushed out after nominating former CEO Hamed Abbasi to board.
FinTech
“A shared mission.” CIBC Innovation Banking backs Vessel, modernizing the funds it finances
Montréal-based Vessel finds an institutional partner with a common vision.
Wise brings cross-border payments to Wealthsimple customers
Demand for cheaper, faster international transfers has grown in Canada.
Profitual’s No-Pitch Competition will award $10,000 to the startup with the strongest financial model
This competition asks founders to drop the pitch and show their numbers.
After years of disappointment and delay, #Budget2025 commits to a “competitive and innovative” financial system
Movement on open banking, Real-Time Rail, and stablecoin legislation all promised in Budget 2025.
What’s in #Budget2025 for Canadian tech?
Feds make huge spending commitments but finally get competitive on defence, taxes, and financial services.
Six years later, Questrade can finally launch Canada’s newest bank
Online brokerage to launch Questbank in 2026 after waiting six years for Schedule 1 license.
Time to catch up: Why Canada needs to rethink financial innovation and competition
Peoples Group’s John Landry argues the future of finance in Canada will be built by an ecosystem.
Stablecoins are at a regulatory crossroads in Canada. What’s next?
As the digital asset explodes in popularity, Canadian FinTech wants movement on regulation.
Five trends shaping the future of FinTech: Insights from the Canada Fintech Forum
Startups, banks and regulators contend with stressed customers, stalled stablecoin, and accelerated threat timelines.
Wealthsimple hits $10-billion valuation in new round backed by Dragoneer, GIC, CPP Investments
Up to $750-million Series E includes $550-million primary and $200-million secondary offerings.
WonderFi’s acquisition by Robinhood delayed until first half of 2026
Extra development work and regulatory approvals push closure of sale into next year.
Paytrie spinout Loon raises $3 million to oversee Canadian dollar-backed stablecoin
Calgary-based FinTech startup will become the new issuer of Paytrie’s CADC stablecoin.
Neo Financial completes first-ever hat trick of Deloitte Technology Fast 50 rankings
Together, 2025 winners averaged a three-year revenue growth of 2,623 percent.
Cybrid closes $10-million USD Series A round to bring stablecoins to the business mainstream
FinTech company gets backing from BDC Capital as Bank of Canada signals openness to stablecoin.