F|T: The FinTech Times – Brex burning bucks while Klarna mulls IPO
Plus: Visa partners with Plug and Play to support Canadian FinTech.
FinTech
Nesto enters brokers channel through partnership with M3 Mortgage Group
The digital mortgage lender will become available to over 8,500 brokers.
Digital wealth management startup Nest Wealth acquired by Objectway Group
Deal positions Nest Wealth for expansion in EMEA.
UK-based Liberis launches embedded lending solution in Canada
The CFIB says over half of Canadian small businesses were seeking capital in 2022.
Visa Canada, Plug and Play team up to support Canadian FinTech startups
With new partnership, US payments giant and investor build on existing relationship.
F|T: The FinTech Times – Neo and Pine backer Thomvest secures new $250M fund
Plus: Crypto is beanie babies, Coinbase says.
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.