After hiring freeze, Wealthsimple makes staff cuts
Approximately 13 percent of Wealthsimple staff are affected by the cuts.
FinTech
Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block
Former Mastercard, Afterpay exec Zahir Khoja will replace Simpson.
RBC pens private open banking partnerships with Plaid, Yodlee
With open banking in development, why are Canada’s banks signing private agreements?
Amid crypto crash, WonderFi makes case for long-term survival
Following Bitbuy acquisition, WonderFi has reduced staff by at least 15 to 20 percent.
FinTech Nuula launches app in Canada in partnership with Caary and OneVest
Nuula is building a partner ecosystem to serve local small businesses globally.
CapIntel closes $14.2 million CAD Series A to fuel US expansion of wealth management sales platform
With help of US-based FinTech Collective, CapIntel aims to build on Canadian growth.
FinTech startup Swoop raises £5.4 million to target US expansion through Canadian office
Irish company swooped into Canada last year after seeing country’s commitments to open banking.
F|T: The FinTech Times – Clearco continues EU expansion, Hopper continues FinTech expansion
Plus: How crypto giant Binance became a hub for hackers, fraudsters, and drug traffickers
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
Vybe aims to make it easy for anyone to access data on Solana.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Hopper rolls out new FinTech products as it aims to build a “travel super app”
CEO says FinTech products make B2B play more sticky.
Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
Clearco expands to Germany while cutting staff in Ireland
The cuts come three months after Clearco promised to hire 125 people in Ireland.