Three Canadian FinTech firms strike new partnerships
VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union.
FinTech
Airwallex continues Canadian expansion with Float partnership
Multinational FinTech to power Toronto-based Float’s recently launched bill pay offering.
Giving Canadians a fair shake
Shakepay wants to drive Bitcoin adoption in Canada, and it’s doing it in a van.
How Symcor is helping Canada get ready for open banking
Saba Shariff explains the crucial role of data exchange in Canada’s open banking future.
WonderFi working on Ethereum-based products with new innovation and development arm
Dubbed WonderFi Labs, the new arm is working on a Layer 2 blockchain and non-custodial wallet.
After facing “challenging operating conditions,” Jasper Commerce sells operating business to Digital Commerce Payments
Jasper to keep some equity and future earnings, but otherwise has “no active business.”
After reaching $100 million USD in ARR, Vena becomes Canada’s latest “centaur” company
Vena says it is benefitting from “strong, predictable growth.”
D2L and MDF Commerce expand software portfolios with latest acquisitions
Recently privatized MDF Commerce acquires EcoInteractive as D2L purchases H5P Group.
Clutch receives $10-million strategic investment from iA Financial group
The investment will see iA’s insurance products integrated into Clutch’s online vehicle marketplace.
Ex-RBC, Fairstone Bank, Credit Karma execs launch direct-to-consumer personal loans platform
Fig, a subsidiary of Fairstone Bank, initially launched through partnerships with companies like Borrowell.
Bitfarms appoints Ben Gagnon as CEO amidst activist threats from Riot Platforms
Bitfarms parted ways with a CEO in March, kicking off a lawsuit and a public spat with Riot.
Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
Susan Hawkins to lead Payments Canada as president and CEO
Hawkins previously supported the launch of a real-time payments solution at TD Bank.
OSC accuses Liquid MarketPlace of fraud and pursues action against startup, top execs
Leaders of Logan Paul-founded NFT marketplace allegedly used $3 million from investors for “personal enrichment.”
Nesto acquires mortgage-lending giant CMLS Group
Nesto says the combined entity will have more than $60 billion in mortgages under administration.