F|T: The FinTech Times – Canada’s FinTech super app is here
Plus: Pine comes out of stealth to build the “Wealthsimple for home buying”.
FinTech
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
Wealthsimple launches FinTech super app, combining startup’s financial products
What’s “better than a bank?” Mike Katchen thinks it’s a super app.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
F|T: The FinTech Times – Crypto losses mount as Canadian companies join anti-money laundering standard
Plus: A third of Bolt’s staff checks out.
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Wealthsimple among international group of companies joining anti-money laundering crypto standard
Coinbase, Gemini among crypto companies leading the TRUST charge.
F|T: The FinTech Times – More markdowns and down rounds
Plus: Coinbase Slashes Costs, Freezes Hiring Amid Crypto Crash
Brim Financial appoints former Marqeta VP Arthur Zhao as chief financial officer
Arthur Zhao co-led Marqeta to its Nasdaq IPO last year.
Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3
Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.
Shopify, Crypto.com partnership allows merchants to accept crypto payments
Shopify has been quietly adding crypto payment integrations to its platform.
F|T: The FinTech Times – Crypto’s Terra-ble, horrible, no good, very bad week
Plus: Dapper Labs launches $725 million ecosystem fund for Flow blockchain innovation.
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.