Bootstrapped since 2008, Helcim raises $16 million for Stripe-style payment solution
Pivot in 2020 turned reseller into fast-growing payments FinTech.
FinTech
How Optimity’s Jane Wang turned a personal tragedy into a life optimization platform
Wang is on a quest to democratize access to wellness and wealth.
F|T: The FinTech Times – Vitalik Buterin has concerns
Plus: The push for open banking progress.
Bank of Canada to collaborate with MIT on digital currency research project
Canada explores digital currency as Biden calls for US to examine its own options.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.
Samos launches insurance product for accidental death during surgery
Waterloo startup claims to offer “world’s first surgical accidental death insurance.”
Canadian FinTech leaders press Government of Canada for progress on open banking
Open letter calls on feds to appoint open banking lead, adopt recommendations outlined in last year’s report.
Apollo Insurance Solutions secures undisclosed Series B financing from Definity
Definity Financial Corporation went public in November.
Corl secures $20 million in USD stablecoin for its revenue-based financing model
Digital assets backed by real-world commercial agreements will offset volatility, companies claim.
F|T: The FinTech Times – Portage secures a boatload
Plus: A year after launch, Backbone Angels is closing gaps felt by underrepresented founders.
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
F|T: The FinTech Times – BitConnect founder goes bye-bye
Plus: Questrade launches online mortgage service QuestMortgage.
Walo secures $1.1 million to teach kids financial literacy
Walo provides a gamified mobile app that allows parents to automate allowances.