Customer alleges Vena Solutions “falsely asserted” SOC report was independently audited
Vena Solutions confirms an “issue relating to SOC reports.”
FinTech
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.
Altrio secures $8 million to double headcount, bolster real estate investment software
Altrio claims its users include two of the world largest real estate investors.
WonderFi to become only Canadian-regulated crypto-trading platform listed on the TSX
Listing comes after WonderFi reduced its staff by between 15 to 20 percent.
After hiring freeze, Wealthsimple makes staff cuts
Approximately 13 percent of Wealthsimple staff are affected by the cuts.
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.