F|T: The FinTech Times – From crypto winter to crypto weirder
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before…
FinTech
Wealthsimple raises $100 million from Allianz X to build a full stack financial service
Toronto-based Wealthsimple has secured a new $100 million investment round, led by Allianz X, the digital investment unit of German asset manager Allianz Group….
Portag3 Ventures creates senior advisory group to help build global FinTech businesses
Portag3 Ventures announced on Thursday the creation of its new group of senior advisors, adding six members including industry leaders from Rockefeller Capital Management,…
Power Financial now claims 89 percent stake in Wealthsimple following $30 million investment
Power Financial, a notable investor in the FinTech space and a backer of companies like Borrowell, Clearbanc, Koho, and League, now owns an 88.6…
Nest Wealth acquires Razor Logic Systems, offering investment and financial planning solutions
Toronto-based Nest Wealth, a digital wealth management platform, has acquired Razor Logic Systems, the creator of RazorPlan, a Canadian financial planning software solution. “Both…
Koho raises $42 million Series B inside round led by Portag3 Ventures
Toronto-based FinTech startup Koho announced the close of a $42 million Series B round today, led by Portag3 Ventures, with participation from Greyhound Capital…
QuadrigaCX investigation recovers $28 million of missing assets
Efforts to recover more than $200 million in cash and cryptocurrency from the former trading platform QuadrigaCX have resulted in only $28 million in…
Breathe Life launches first product following $4.5 million CAD Seed round
Montreal insurtech startup Breathe Life, which offers consumer-centric digital solutions for the insurance industry, announced the availability of its Consumer-Driven Module, a white-label B2C…
CIBC launches new banking platform for small and medium-sized business
CIBC has partnered with Intuit Canada, Ceridian and Xero to launch a new digital banking platform for small and medium-sized businesses (SMBs), that would…
F|T: The FinTech Times – A new FinTech task force
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before…
Toronto-Waterloo takes top Canadian spot in startup ecosystem rankings, Vancouver nosedives
Vancouver’s place in the startup ecosystem rankings has significantly dropped, while Toronto-Waterloo is making a steady ascent, according to Startup Genome’s Global Startup Ecosystem…
David R. Beatty joins FrontFundr as chairman of the board of directors
FrontFundr, a Vancouver-based equity crowdfunding platform, announced that David R. Beatty has been appointed as chairman of the company’s board of directors. The company…
F|T: The FinTech Times – Canada’s largest FinTech sector
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before…