FreshBooks’ Mike McDerment says “building your own competitor” is effective way to solve business problems
At the latest FinTechTO, Mike McDerment, CEO and co-founder of FreshBooks, discussed the challenges teams face when re-platforming…
FinTech
Lending Loop raises $2 million, launches automated investment platform
Toronto-based Lending Loop, a peer-to-peer lending platform, has raised $2 million in funding from the MaRS Investment Accelerator…
Alex Tapscott launches $20 million investment company focused on bitcoin and ethereum
Alex Tapscott, a co-founder of Toronto’s Blockchain Research Institute, has launched NextBlock Global, a company dedicated…
Flexiti Financial raises $6.25 million to scale POS lending platform for retailers
Toronto-based Flexiti Financial, which provides point-of-sale financing and payment technology for retailers, has secured a…
Shopify Q2 2017 results show 75% revenue increase as it celebrates 500,000 merchant milestone
Shopify has released the results for its second quarter of 2017, which ended on June 30, 2017. The company also announced that…
F|T: The FinTech Times – Canada lags in FinTech adoption
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Today in company updates: Financeit adds two new VPs, former Hudson’s Bay CEO joins Smooth Commerce advisory board
Two Toronto-based startups have announced major additions to their teams and advisory groups. BetaKit pulled together this…
Report: Canada has one of the lowest FinTech adoption rates in the world
While Canada’s FinTech adoption rate has increased from eight to 18 percent since 2015, the Canadian FinTech ecosystem…
Startup Canada Podcast: Jill Earthy, chief growth officer of FrontFundr
Having built and sold two companies, Frontline Staff Inc. and the Momcafé Network Inc, Jill Earthy is paving the way for women…
Apple Pay now available to Tangerine clients across Canada
Apple Pay is now available for Tangerine clients across Canada. Customers can use the feature by adding their Tangerine Client…
F|T: The FinTech Times – Canada’s tangled regulations
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
nanopay gets strong scores from the US Federal Reserve’s Faster Payments Task Force
Toronto-based nanopay, a real-time payments platform for banks and businesses, said that it received “impressive scores”…
Borrowell raises $57 million from Portag3, FirstOntario Credit Union
Borrowell has raised $57 million as it looks to expand its free credit and loan offerings to more customers. The company raised…
Street Contxt expands its sell side platform to buy side investors
Toronto-based Street Contxt announced that it has launched its buy side platform. Street Contxt said the new buy side platform…
Flybits raises $6.5 million Series B with Information Venture Partners, Portag3
Toronto-based Flybits has raised a $6.5 million Series B led by Information Venture Partners. New investor Portag3 Ventures…