FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
FinTech
Open banking working group failing to address critical governance, standards issues
Working group participants call governance the latest open banking battlefront as clock to implement keeps ticking.
F|T: The FinTech Times – Clearco comes home, Klarna’s losses triple
Plus: Ticketmaster taps Flow Blockchain to allow organizers to issue NFTs along with tickets.
Learning from embedded FinTech leaders at Traction
CEOs of Mercury and Lendflow explain how to embed FinTech into your startup.
Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Clearco hands overseas business to Outfund to focus on North American market
The market exit comes less than a year after Clearco began expanding its international operations.
SureBright raises $3.2 million CAD to reinvent retail insurance
SureBright has integrated its insurance and warranty solution with Shopify vendors.
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn.
Bench taps current president and CFO, Jean-Philippe Durrios, as new CEO
Bench board called Durrios the “clear choice.”
Flow Ventures partner Bryan Watson lands at Venbridge as SVP of business development
Watson will use his expertise in SR&ED credits to attract more business.
Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
Insurtech startup Relay Platform acquired by US-based cyber insurance provider At-Bay
Relay Platform specializes in cyber insurance.
“There’s a storm coming, but we’re on a good boat.” Koho says it’s ready to navigate downturn
Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale.
F|T: The FinTech Times – Why Bank of Canada’s Ron Morrow says FinTechs “need to be ready”
Plus: Crypto firm FTX gets warning from FDIC to stop ‘misleading’ consumers about deposit protection.