F|T: The FinTech Times – Binance unravelling, Kraken founder investigated by FBI
Plus: Mastercard’s new AI tool helps British banks tackle scams.
FinTech
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
F|T: The FinTech Times – Stripe & Robinhood make layoffs, Financeit acquires competitor
Plus: FTX considers a reboot?
AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
ApplyBoard co-founder launches Passage to address Canada’s skilled worker shortage with $40-million seed round
Ex-ApplyBoard CEO plans to finance skilled immigrants that meet Canada’s workforce needs.
Almost sideswiped by a Stripe acquisition, Helcim responds with new Smart Terminal
After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
Three Canadian FinTech startups hiring full-stack developers
Neo Financial, Helcim, and Shakepay are looking to hire full-stack developers of varying experience levels.
Neo Financial launches secured credit card to help Canadians build credit
The product launch comes as Neo navigates a tough consumer-banking market.
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients.
Chexy raises $1.3 million for platform that lets tenants pay rent with credit cards
Chexy becomes latest FinTech firm to offer rewards for tenants.
F|T: The FinTech Times – Canada’s Real-Time Rail delays are an unmitigated disaster
Plus: Shopify is offering open banking solutions (but not in Canada).
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
Following years of steady growth with minimal outside capital, Micharity is ready to ramp up.