Future of Money event stresses collaboration over competition in FinTech
At the Future of Money event in Toronto last week, I saw something you rarely see at a meetup: there were people in suits talking…
FinTech
Wave launches small business lending with OnDeck partnership
Toronto-based Wave, which provides entrepreneurs with accounting, payroll, and invoice software to run their small businesses,…
PayPal launches Slack bot enabling peer-to-peer payments
Shortly after the release of Slack’s Enterprise Grid for business, PayPal announced the launch of its first bot for the platform.…
RBC wants to dedicate 40 percent of tech budget on innovation, move away from spending on legacy systems
RBC’s CEO Dave McKay says RBC wants to spend at least 40 percent of its overall tech budget on innovation, such as artificial…
Scotiabank partners with AI startup DeepLearni.ng to develop credit card payment system
Just days after updating the country on the status of its digital transformation strategy, Scotiabank has revealed a partnership…
Today in funding: The Money Finder, Leankor, Integrate.ai, CSDC Systems
This past week, startups all across Canada got a boost with rounds of funding. Here’s the latest on who raised how much,…
Today in company updates: LANDR, Figure 1, and Flexiti Financial
Startups in Toronto and Montreal have been making positive moves in the past week. Here is the latest in product launches,…
As Wealthsimple expands to US, CEO Mike Katchen remains outspoken against discrimination
Three years after launch, Toronto-based FinTech Wealthsimple has expanded its services to the United States. The company’s…
OSC announces FinTech Advisory Committee including Portag3’s Adam Felesky, Impression Ventures’ Christian Lassonde
The Ontario Securities Commission (OSC) announced the members of its new FinTech Advisory Committee (FAC). The committee, which…
Hyperwallet expands to the UK with hopes of nabbing top FinTech talent
Hyperwallet, a digital payout provider aimed squarely at the sharing and gig economies, announced in late January that it has…
Mogo president says releasing solutions for multiple FinTech categories key to scale
With more people turning to digital banking services, FinTech companies like Vancouver-based Mogo, a company that runs an online…
11 Canadian tech companies to watch in 2017
Last year, I wrote an article about the 11 Canadian tech companies to watch in 2016, which highlighted tech companies of all…
Diagram closes $25 million fund from Portag3 and 50-plus angels to build Canadian FinTech from the ground up
After a year operating in stealth, a new VC firm is ready to show its face to the Canadian tech community. Diagram today announced…
Global survey ranks Toronto as one of the top FinTech centres of the world
A global survey on trends and innovations in financial services ranked Toronto as one of the top FinTech centres in the world.…
Mogo wants to gamify the mortgage-managing process with its newest product
Vancouver-based FinTech company Mogo has announced the launch of MogoMortgage, a new product designed to gamify the process…