F|T: The FinTech Times – 50 percent drop in sector deal volume last year
Plus: Plaid hires its first president and stablecoins need consultation.
FinTech
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.
Wealthsimple surpasses combined $200 million for venture, private credit, equity funds
The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.
F|T: The FinTech Times – Block and PayPal cull staffers in latest tech layoffs
Plus: Koho wants a licence to compete.
Shopify unveils term loans, lines of credit for merchants
President Harley Finkelstein said new offerings represent the “next evolution of Shopify lending.”
Inovia report indicates Canadian software sector is returning to normal
Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries.
Tokens.com blazes in asset sale to StoryFire
The Web3 business has also put its domain up for sale.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”