Lendesk acquires mortgage origination platform Finmo
Vancouver-based FinTech startup Lendesk has acquired Calgary-based Finmo Financial Technologies, which offers a mortgage origination platform. The purchase price of the deal was not…
FinTech
Nudge.ai co-founder Paul Teshima joins Wealthsimple as chief client experience officer
Toronto-based FinTech startup Wealthsimple has tapped Paul Teshima, the co-founder and former CEO of another notable Canadian tech startup Nudge.ai, to its team as…
F|T: The FinTech Times – PayPal embraces crypto
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…
Court approves Kik’s settlement with SEC, ending years-long battle
A court has approved the settlement between Kitchener-Waterloo messenger app Kik and the US Securities Exchange Commission (SEC), which was proposed earlier this week….
Kik, SEC propose joint settlement, $5 million penalty
Kik and the United States’ Securities Exchange Commission (SEC) have proposed a joint settlement in the matter of Kik’s 2017 initial coin offering (ICO)….
F|T: The FinTech Times – VC + B2B = BFFs
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…
Eight startups joining Intuit Canada, Highline Beta’s Prosperity accelerator
FinTech company Intuit Canada and venture capital firm Highline Beta have revealed the eight startups in the inaugural cohort of the Intuit Prosperity Accelerator….
Wealthsimple announces $114 million investment led by TCV, claims $1.4 billion valuation
Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. Following the raise, Wealthsimple claims it has reached a unicorn valuation of…
Today in hires: Traction Guest, TextNow, Deep Genomics, Perk Labs
Four Canadian companies have filled positions on their leadership teams. Here’s a breakdown of who is joining and what they bring to the table….
F|T: The FinTech Times – Employee-driven exit
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…
Clearbanc deepens push into e-commerce with inventory financing
Toronto-based Clearbanc has launched a new inventory program, whereby Clearbanc purchases inventory directly from suppliers and companies pay back Clearbanc after customers buy their…
F|T: The FinTech Times – Pandemic plutocrats
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…
Kik considering appeal as US court sides with SEC that company violated securities law
Kik Interactive Inc. is considering appealing a ruling that came down this week siding with the United States Securities Commission (SEC) that the Canadian…