F|T: The FinTech Times – Neo and Pine backer Thomvest secures new $250M fund
Plus: Crypto is beanie babies, Coinbase says.
FinTech
Plooto, GoDaddy bring new payment, commerce offerings to Canadian businesses
Plooto launches payment workflow safeguards, while GoDaddy brings its commerce solution to Canada.
MindBridge headlines slew of #CDNtech companies making executive leadership changes
ActiveState, Acuity Insights, AnalytixInsight, Volaris Group, Flashfood also named new CEOs just this week.
F|T: The FinTech Times – Wealthsimple is starting to look like Canada’s next big bank
Plus: $4.6B flows into bitcoin ETFs on the first day after SEC gives the green light.
FinTechs offer CEBA loan refinancing ahead of Jan. 18 deadline CFIB says will “strangle” Canadian businesses
CFIB claims as many as one-third of businesses won’t be able to make loan forgiveness deadline.
League Data acquires credit management software company Technicost from Co-operators
League Data is the technology partner for the Atlantic Credit Union System.
Alberta Securities Commission orders crypto exchange Catalyx to cease trading following security breach, loss of assets
Catalyx announced the security breach one week after the ASC issued its initial cease trade order.
F|T: The FinTech Times – US competition is coming for Wealthsimple
Plus: HyperVerse’s CEO… does not exist?
Webull launches stock trading app for retail investors in Canada
Webull’s expansion into Canada brings it into direct rivalry with Wealthsimple.
Private open banking update: TD signs with Plaid, Xero signs with Flinks
Flinks, Xero aim to help businesses tap into bank feeds as TD, Plaid aim to ease app access.
F|T: The FinTech Times – Synctera and Monarch Money seek to fill Canadian finance gaps
Plus: Block rival SumUp defies FinTech funding slump with $307 million cash injection.
Woveo closes $2.3 million to expand community wallet platform for underserved banking customers
As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit.
Synctera launches embedded banking platform in Canada
Canadian launch comes nine months after Synctera landed $15 million from National Bank.
As Intuit winds down Mint, financial planning app Monarch Money comes to Canada
US-based Monarch “fast-tracked” its Canadian expansion after the Mint shutdown news.
Vistara Growth secures $200-million CAD initial close for fifth private credit fund
Vistara sees opportunity post-SVB as bank lenders, VCs pull back.