F|T: The FinTech Times – Feds make new open banking promises to positive reception
byPlus: Kraken in SEC’s sights as Binance founder Changpeng Zhao steps down, pleads guilty.
FinTech
FinTech startup Peloton Technologies closes $2 million in seed financing
byExecutive chair says the capital will fuel the startup’s acquisition strategy.
These three FinTech companies are hiring software developers in Canada
byNeo Financial, Float Financial, and Ripple are on the prowl for software engineers, devs.
Wealthsimple rolls out private equity offering for retail investors
byPE marks the third alternative investing option Wealthsimple has launched since 2022.
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
byCanada commits to “consumer-driven finance” and more powers for the Competition Bureau.
F|T: The FinTech Times – FreshBooks boots CEO, FinTech leaders pressure Liberals on open banking
byPlus: WonderFi has now purchased assets from nearly half of Canada’s regulated crypto trading platforms.
“We are still waiting”: FinTech leaders urge Liberals to enact much-delayed open banking rules
byOpen letter comes on the heels of Conservative bill pressuring federal action on open banking.
FreshBooks president and CEO depart as company lays off six percent of employees
byFinTech firm promotes two interim co-CEOs, embarks on search for next leader.
Float launches new high-yield product geared toward Canadian SMBs
byAs other FinTech firms pull back from SMBs, Float aims to help them navigate inflation challenges.
WonderFi-owned Bitbuy acquires customers of fellow regulated Canadian crypto exchange Bitvo
byThe move comes a year after the collapse of Bitvo’s deal with would-be acquirer FTX.
F|T: The FinTech Times – FinTech startups dominate Fast 50, former NYSE president in talks to reboot FTX
byPlus: Tax Court disqualifies government loan spending from SR&ED.
Trio of Canadian tech companies show progress towards profitability in earnings this week
byThinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
byFinTech startups made a mark on the list of Canada’s leading technology companies.
F|T: The FinTech Times – Sam Bankman-Fried convicted on all charges, Intuit winds down Mint
byPlus: BDC recommits to seed deals with $50M fund.
Open banking is dead, Techno-Optimists want a war
byMarc Andreessen’s manifesto is flawed. But it shows a greater sense of the moment than our politicians.