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.”
FinTech
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.
Amid mounting competition, Float’s CEO believes company has what it takes to win in Canada
With army of customer evangelists, Float aims to capture Canadian market before international competitors swoop in.
F|T: The FinTech Times – RBCX-TRA
Plus: OpenSea ‘Sitting on Ticking Bomb’ as lawsuits pile up over stolen Apes.
Uplinq raises $4.4 million CAD to help small business lenders make accurate decisions
Uplinq’s credit assessment platform provides ‘billions’ of data signals beyond traditional credit indicators.
Sid Paquette will now head RBC Ventures and RBCx
Paquette will lead some 500 staff members between the two groups.
Cybrid secures $3.8 million CAD seed round to help challenger banks launch crypto
Cybrid calls itself “the crypto banking-as-a-service provider.”
With new investment product, is Neo Financial’s biggest competition now Wealthsimple and Questrade, or the big banks?
The Prairie FinTech has teamed up with fellow Calgary startup OneVest for Neo Invest.