Progressa closes $84 million funding round as company preps for IPO
Vancouver-based Progressa, a short-term lending platform, has closed an $84 million equity and loan funding round. The equity…
FinTech
Report: 53 percent of customers abandon purchases when there’s payment friction
A new report by Payments Canada has revealed that over half of Canadians (53 percent) abandon a purchase when checking out…
F|T: The FinTech Times – Canadian FinTech is sooo hot right now
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Report: $263 million USD invested in Canadian FinTech deals in first half of 2018
KPMG International has released its latest Pulse of FinTech report, which examines investment trends, issues, and challenges…
F|T: The FinTech Times – DREAM THIEVES?
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Xero acquires Toronto’s Hubdoc for $70 million USD
Accounting service Xero announced today that it has acquired Toronto-based document management startup Hubdoc for $70 million…
Coinsquare launches subsidiary investment manager Coincapital
Cryptocurrency exchange Coinsquare has launched Coin Capital Investment Management (Coincapital), a new subsidiary dedicated…
Ether Capital replaces CEO and CFO following resignations
Ether Capital, a company dedicated to investing in Ethereum, announced the appointment of Brian Mosoff as its CEO and Stefan…
F|T: The FinTech Times – The global FinTech boom hits $20 billion
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Today in FinTech: Flexiti announces new CFO, Trulioo expands to the Philippines
Several Canadian FinTechs have made announcements on the growth of their companies, expanding into new markets and announcing…
Today in FinTech: Hardbacon raises $150,000, Holt FinTech Accelerator announces VC partnerships
This week, two Canadian FinTechs have made announcements on the growth of their companies, launching new features and announcing…
Coinsquare hires new chief digital officer as platform looks to win a broader audience
Coinsquare has tapped former Postmedia chief digital officer Thomas Jankowski to take on the role as chief digital and growth…
US court dismisses StarCoin’s lawsuit against Vancouver-based CryptoKitties
In May, a report from VentureBeat indicated that Axiom Zen, the parent company of Vancouver-based CryptoKitties, was being…
Coinsquare launches white label licensing platform
Cryptocurrency exchange Coinsquare has launched Coinsquare Licensing, which will allow domestic and international businesses…
Kik’s Kin Foundation investing up to $3 million to developer program
The Kin Foundation, Kik’s non-profit governance body overseeing the Kin cryptocurrency, has announced the launch of the…