F|T: The FinTech Times – Canada’s crypto consolidation
Plus: Beanstalk cryptocurrency project robbed after hacker votes to send themself $182 million.
FinTech
Do Canadian FinTechs want bank kickbacks or competition?
Can a “whole of government” approach to competition break Canada’s oligopolies?
Brim co-founder raises $10 million for new “smart card” startup Savvii
A new, but familiar player has entered the Canadian consumer cards game.
Amid WonderFi deal, Coinberry reaches settlement in Cinaport lawsuit following failed TSXV takeover
Cinaport to receive 3.1 million common shares in WonderFi.
Responsive receives $3.5 million in Co-operators-backed Series A round for US, Europe expansion
Co-operators joins Responsive’s board of directors.
How Lending Loop pivoted from peer-to-peer lending to a cross-border banking platform for e-commerce
Loop’s focus on cross-border payments puts it in stark contrast to the competition.
QuadFi inks agreement for up to $127 million CAD to provide loans to underserved individuals
QuadFi targets young people, immigrants, and others with a “thin credit history but bright prospects.”
Versapay expands accounts receivable solutions with DadeSystems acquisition
After being its long-term tech partner, Versapay goes all-in on DadeSystems.
WonderFi to acquire Coinberry for $38.5 million in all-stock deal as Canada’s crypto space continues to consolidate
Kevin O’Leary-backed WonderFi will soon own two of Canada’s six registered crypto trading platforms.
F|T: The FinTech Times – Can Float win Canada?
Plus: Amid mounting competition, Float’s CEO believes company has what it takes to win in Canada
Netcoins user walks away with an estimated $1.58 million after software vulnerability
Netcoins’ parent company is attempting to track down the missing cryptocurrency.
Hootsuite appoints former Mailchimp exec as CPO, as Wealthsimple snags Snap VP as COO
Natalia Williams and Radhika Kakkar join Hootsuite and Wealthsimple as both companies expand their offerings.
Plooto wants to solve the problem keeping entrepreneurs up at night
Following pivots and product-market fit, Plooto launches new feature as it preps for prime time.
Emma closes $6 million Series A to take online insurance products across Canada
When Emma expanded from a broker to building its own insurance products, “everything started clicking.”
MeetAmi secures $36.5 million to help wealth management firms navigate digital assets
MeetAmi looks to relieve the pressure wealth management firms are feeling amid the crypto boom.