F|T: The FinTech Times – Sequoia, A16Z, and Tom Brady (Oh my)
Plus: Alberta proposes regulatory sandbox to attract FinTechs, crypto companies to the province.
FinTech
Our Lady Peace’s Raine Maida says creators can’t afford “not to take advantage” of Web3, NFTs
But as Axie Infinity reveals a massive hack, can the same be said for game developers?
Alberta proposes regulatory sandbox to attract FinTechs, crypto companies to the province
Company applications for the sandbox could start as soon as July 1.
LayerZero Labs reaches $1 billion valuation in round backed by Sequoia Capital, Andreessen Horowitz
Tom Brady, Justin Timberlake, crypto leaders like Dapper Labs invested in the $135 million round.
Canadian startups in Y Combinator tie all-time high at Winter 2022 Demo Day
For the second time, 16 Canadian startups participated in a YC cohort.
Clearco commits to Dublin with $164.4 million CAD earmarked for Irish startups
Clearco’s Dublin hub will back the company’s broader European expansion.
Dapper Labs, Wealthsimple, WonderFi founding members of new Canadian Web3 Council
As regulation looms, group calls for national strategy for crypto and digital assets.
Diagram and Real Ventures-backed Breathe Life acquired by US insurtech SE2
SE2 says Breathe Life’s Montréal HQ “creates springboard” for tech talent expansion.
F|T: The FinTech Times – Leader sets the pace
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
WonderFi clears regulatory hurdles, set to close acquisition of registered crypto marketplace Bitbuy
CEOs think deal could mark step towards crypto consolidation, DeFi regulation.
Avast acquires SecureKey Technologies as it bulks up its digital identity business
With the acquisition, Avast may have the world’s largest concentration of digital ID experts.
Hardbacon acquires Simple Rate to consolidate financial product comparison tools
Hardbacon is focused on acquisitions that help users bring home the bacon.
Mogo launches venture arm following mixed Q4 with record revenue, large net loss
Mogo attributes most of loss to drop in value of Coinsquare warrants.
PwC digital banking director Abraham Tachjian to be named Canada’s open banking lead
The appointment to come almost a year after its recommendation from the Advisory Committee on Open Banking.
FinTech startup Reach secures $30 million in equity and debt
The deal marks Reach’s first outside capital.