F|T: The FinTech Times – Float expands with $50M debt financing from SVB
Plus: What a crumbling Brex says about the FinTech sector.
FinTech
Can this FinTech startup become Canada’s next bank?
CEO Daniel Eberhard explains why Koho is going from challenger bank to actual bank.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Unbounce among the latest #CDNtech companies making changes at the top
WeCook, Aifred Health, and Stream Systems have also made leadership changes this month.
Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Visa Canada, Plug and Play host Toronto FinTech Innovation Showcase to spotlight Canadian startup ecosystem
Visa-backed event part of a new initiative to support Canadian FinTech.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
F|T: The FinTech Times – 50 percent drop in sector deal volume last year
Plus: Plaid hires its first president and stablecoins need consultation.
Taylor Swift & the Apple Vision Pro are the biggest tech stories of 2024 (so far)
There is now software designed as an offensive weapon to fight other software. Arm the Swifties.
Tracey Black to step down as president, CEO of Payments Canada
Payments Canada is responsible for implementing the long-awaited Real-Time Rail.
Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing
Kik founder’s new venture wants to help creators monetize their work for as little as five cents.
As stablecoin compliance deadline looms, Canada’s crypto industry calls for consultation
Coinbase, Kraken, Wealthsimple, WonderFi among those urging CSA to reconsider crackdown on fiat-backed stablecoins.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Deal volume in Canada’s FinTech sector fell by 50 percent in 2023
2024 will be “pivotal” as FinTech startups approach the end of their runway.