F|T: The FinTech Times – Layoffs continue to hit Canadian FinTech
Plus: PayPal’s CEO to retire at the end of 2023.
Plus: PayPal’s CEO to retire at the end of 2023.
Canadian tech companies hit with executive exodus amid sector downturn.
Canadian firm aims to offer “compliant” alternative to unregistered US exchanges.
After seeing qualified businesses struggle to secure financing, Levr.ai sought to create an easier process.
CEO claims cut doesn’t extend runway, but will support growth efforts.
Conquest is backed by Fidelity, RBC, and Portage.
Plus: PayPal to cut 2000 workers.
Web3 Council to Senate: “Canada must not be left behind.”
CoinSmart accepts deal is no more, intends to “commence legal proceedings against Coinsquare.”
Paperstack sees room to grow as larger players cut back amid economic headwinds.
Plus: Blockstream lands $125 million.
Nuula CEO: Company planned to raised $5 million but it “became impossible to close.”
The Montréal firm claims demand for its hosting services remains high, despite volatile market.
Partnership hopes to unify FinTech clusters across the country.
Plus: the end of an era for crypto’s pseudo-banks.