Wealthsimple raises $50 million in funding, announces $1 billion in assets under administration
Wealthsimple has raised a $50 million Series B from Power Financial, and announced that it has $1 billion in assets under administration.…
FinTech
Ulule wants to be the “best” crowdfunding platform instead of the biggest
If you’re in North America but outside Quebec, it’s entirely possible that you’ve never heard of Ulule. That’s not…
Ferst Digital wants to rebundle fragmented SMB banking with its API-enabled platform
FinTechs are well-known for unbundling services that banks traditionally offer, and making it a better experience; it’s why…
F|T: The FinTech Times – The future of FinTech is magic
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Empire Startups Conference wants to connect Canadian FinTechs with US investors
On June 27, NYC-based Empire Startups is bringing its FinTech Conference to Toronto. Hosted at The Great Hall music venue on…
Nest Wealth CEO says Canada’s concentrated market means FinTechs must partner with banks for customers
This week on The Disruptors, co-host Amber Kanwar sat down with Randy Cass, CEO of Nest Wealth, to discuss why more FinTechs…
Three Canadian startups win $50,000 at Interac’s Collision Day Challenge
Three Canadian startups — OpenSports, Dibbzz, and Navi — have won a total of $50,000 for pitching how they can integrate…
BrainStation’s FinTech panel says retraining key to preparing for AI disruption
Never before in a panel have I seen so many dichotomies pop up. BrainStation hosted a panel in Toronto on FinTech featuring…
CIBC pulls mobile payments app instead of competing with Apple and Samsung Pay
The CIBC mobile payments app has been removed from the Google Play Store. The app allowed CIBC clients to tap their smartphones…
Competition Bureau suggests Canadian FinTech sector’s slow growth due to regulation, consumer complacency
A new summary from the Competition Bureau of Canada reveals that FinTech leaders and financial regulators believe that Canada’s…
Shopify reports $127.4 million total revenue in Q1 2017, up 75% YoY
Shopify has released its financial results for the first quarter of 2017. The company reported significant business milestones…
Wealthsimple receives Webby Award for Best Financial Services and Banking website
Toronto-based Wealthsimple has won a Webby Award for its “intuitive” website. For the second year in a row, the…
F|T: The FinTech Times – Bank execs hate Apple’s secret project
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
NetCents users can now purchase bitcoin with MasterCard
Vancouver-based NetCents, which offers a bitcoin wallet to sell, deposit, or purchase bitcoin, announced that NetCents users…
Today in company updates: Lightspeed, Eden
This week, several Canadian startups have made announcements, launching new features, partnerships, and more. Here’s the…