F|T: The FinTech Times – Wealthsimple co-founder steps back in C-suite shake-up
Plus: Canada’s new crypto rules: comply or leave.
FinTech
Yield Exchange raises $700,000 CAD to simplify access to guaranteed investment certificates
Yield Exchange won two pitch competitions at SAAS NORTH 2022, taking home $110,000.
Wealthsimple co-founder Rudy Adler steps back as CMO as company makes exec changes
Diederik van Liere joins startup as new CTO.
F|T: The FinTech Times – Will FTX actually attempt a relaunch?
Plus: Arrest made in the stabbing death of Bob Lee.
Calgary Police Force, Chainalysis partnership aims to reduce cryptocurrency scams
Partnership hopes to offer training, support to other law enforcement agencies.
F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
Plus: Bob Lee, creator of Cash App, stabbed to death.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps
VCs continue to bet on long-term growth for crypto despite volatile market.
F|T: The FinTech Times – Canadian FinTech startups tired of open banking waiting game
Plus: Federal budget 2023 commits to cleantech, little else
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
With no open banking update in #Budget2023, FinTech executives are increasingly jaded about timeline for delivery
Working groups resume April 14th, but open banking lead departs in September.
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud.
Québec budget aimed at stimulating the economy with investments in tech sectors, skilled labour
Cleantech, FinTech, AI, and quantum sciences are getting attention.
FreshBooks lays off 10 percent of staff as company targets profitability
FreshBooks’ second round of layoffs since December sees third C-suite exec depart in past year.