Financial rates comparison platform Ratehub receives “major” investment from Novacap
Novacap buys into financial education platform Ratehub amid increasing mortgage rates.
FinTech
Payments Canada appoints Wealthsimple’s chief compliance officer to member advisory council
The appointment marks the only FinTech startup rep on the council.
Solana Ventures, Twitch co-founder buy into Bravo Ready’s play-to-earn, Web3 video game
Bravo Ready has secured $3.9 million in fiat and cryptocurrency.
F|T: The FinTech Times – Vena customers allege SOC compliance falsehoods
Plus: Voyager account holders likely won’t get all their crypto back.
As crypto crashes, WonderFi closes deal to acquire another regulated crypto trading platform in Coinberry
CEO describes collapse of unregulated crypto lenders as WonderFi’s “thesis playing out in real time.”
Fluence acquires SaaS startup Sturnis365 to expand European presence
Fluence’s second acquisition in six months gives the startup an end-to-end accounting solution.
Customer alleges Vena Solutions “falsely asserted” SOC report was independently audited
Vena Solutions confirms an “issue relating to SOC reports.”
F|T: The FinTech Times – Klarna and Stripe’s valuations drop, Three Arrows in free-fall
Plus: Coinbase providing “Geo Tracking Data” to ICE.
Goeasy plans to leverage its LendCare acquisition with online car sales startup Canada Drives
Financial services company makes $40 million equity investment, joins Canada Drives’ board.
FinTech chatbot startup Finn AI gets acquired by former partner Glia
Finn AI has also worked with Visa, BMO, and ATB Financial.
F|T: The FinTech Times – Crypto abandons Collision
Plus: Jeeves launches venture capital alternative for startups.
Jeeves launches venture capital alternative for startups
The New York-based FinTech startup Jeeves has launched a non-dilutive alternative to venture capital specifically tailored…
With crypto under water, Ripple makes a splash announcing first Canadian office in Toronto
Startup plans to open engineering hub, hire 50 to start.
F|T: The FinTech Times – Wealthsimple, Coinbase, WonderFi make staff cuts
Plus: Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block.
FTX buys registered crypto trading platform Bitvo to expand into Canada
Bitvo is one of the few Canadian crypto companies registered as a restricted dealer.