Repay will buy billing platform Kubra for $372 million USD
Combined company expected to process $130 billion in annual payment volume.
FinTech
Hopper’s tech will power RBC’s travel reward program
Montréal company lands deal shortly after shakeup in Capital One partnership.
Feds reveal streams behind $1-billion VC initiative as budget becomes law
Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.
Wealthsimple gets regulatory approval to enter prediction markets
Toronto FinTech clears initial hurdle to enter controversial trading category popularized by Kalshi and Polymarket.
Chexy raises $14 million Series A led by Khosla Ventures
Rewards platform to expand from rent rewards into broader payments platform.
Hopper’s biggest customer is bringing its travel platform in-house
Capital One takes over operations of Capital One Travel, reportedly bringing on many Hopper staff.
Alan raises fresh funding as it entrenches in Canada
French Insurtech firm raises 100 million euros to continue international expansion.
OSFI’s Fast Track framework is a wake-up call for Canadian banks
Former Peoples Group CEO says FinTechs and challenger banks now have a clearer path forward.
Wealthsimple becomes first Canadian FinTech to join SWIFT network
Membership continues Toronto firm’s push into international payments.
Real estate investment platform Addy enters restructuring one year after fine from regulators
Addy’s crowdfunding approach aimed to democratize access to real estate investments.
As vacancies rise, Padder aims to insure rent payments for tenants who may not fit the traditional mould
Former Zensurance employee looks to bring “guarantor-as-a-service” offering to Ontario.
Loop aims to make screen-scraping obsolete for business accounts
Toronto FinTech targets enterprise accounts as it waits for open banking.
Neo Financial partners with United Airlines to launch credit card
The fintech company beat out several larger banks to land the deal.
Canadian Bitcoin Consortium launches insurance company for digital asset businesses
Blockchain Insurance Inc. says it’s “traditional insurance for non-traditional industries.”
Wealthsimple named CIX Innovator of the Year
Toronto FinTech firm recognized for its “transformative impact” on Canadian financial services in 2025.