RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
FinTech
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.
Sensibill acquired by Austin-based Q2 Holdings
Q2 bought Sensibill for its financial business data, and machine learning capabilities.
Class action lawsuit filed against Wealthsimple, Shakepay over alleged misleading crypto trading fees
The suit is seeking $10 million in punitive damages from both startups.
F|T: The FinTech Times – Celsius CEO resigns as new reporting points to withdrawal ahead of bankruptcy
Plus: Crypto lender Voyager to sell assets.
HelloSafe secures $4.2 million to expand its financial comparison solution across Canada
HelloSafe claims over one million monthly users in Canada.
WonderFi-owned Bitbuy takes aim at Wealthsimple with stock trading launch
Bitbuy claimed crypto exchanges is a three horse race between WonderFi, Wealthsimple, Coinsquare.
Numida secures $16.7 million CAD in Serena Ventures-led round to equip more African SMEs with working capital
The loans startup plans to expand its services beyond Uganda to across Africa.
Canadian unicorns Neo Financial, Ada lead LinkedIn’s 2022 Top Startups list
ApplyBoard appears on list for fourth consecutive year.
Toronto-Waterloo rises, Calgary and Montréal ecosystems to watch in Startup Genome’s global FinTech rankings
Vancouver cracks top 10 ecosystems with a population of less than three million.
F|T: The FinTech Times – Competitive intensity
Plus: Amazon, Square launch BNPL in Canada.
Coinsquare to acquire CoinSmart as consolidation of Canadian crypto traders continues
With acquisition, Coinsquare seeks a seat at the regulatory table.
Amazon, Square launch buy now, pay later options in Canada
Amazon, Square join growing number of BNPL solutions in Canada.
RBCx and RBC Ventures merge
New entity will support founders across banking, capital, platform, and ventures.
Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr
FrontFundr has helped startups close $140 million across 100 campaigns.