Gig economy FinTech startup Payfare closes public offering at $65 million
Toronto-based startup Payfare closed its initial public offering on the Toronto Stock Exchange (TSX) Friday, pulling in $65.4…
FinTech
F|T: The FinTech Times – Au revoir, Revolut
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Secondary deal will see Nuvei stakeholders sell $494 million USD in company shares
Nuvei has announced its CEO, chief financial officer, as well as two of its investors, will sell $494 million USD worth of…
Brim Financial raises $25 million to grow FinTech platform
Toronto’s Brim Financial has closed a $25 million CAD Series B as it looks to expand its FinTech “platform-as-a-service”…
Revolut leaving Canadian market
United Kingdom-based FinTech startup Revolut is pulling out of Canada, BetaKit has learned, more than a year and a half after…
F|T: The FinTech Times – Money from nothing
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Canadian securities regulators issue guidance on improving disclosures of crypto assets
The Canadian Securities Administrators (CSA), an umbrella organization of the provincial and territorial securities regulators,…
Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures
Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures…
PitchPoint Solutions secures $4.5 million from CIBC Innovation Banking to grow fraud prevention service
Toronto and Florida-based FinTech company PitchPoint Solutions has secured $4.5 million in financing from CIBC Innovation Banking…
Boast.ai looks to expand hires in Montréal as part of broader hiring spree across Canada
Vancouver-based Boast.ai has announced its plans to grow its operations in Montréal as part of a larger hiring spree across…
Koho secures $70 million Series C to scale adoption of its digital banking services
Koho has secured $70 million CAD in Series C financing, which sources estimate put its post-money valuation at $300 million.…
Wealthsimple launches peer-to-peer payment Cash app nationwide
Toronto-based FinTech startup Wealthsimple has launched its new consumer payment app, Wealthsimple Cash, for users across Canada.…
Nuvei sees strongest growth in company history in fourth quarter, with $115.9 million USD in revenue
The fourth quarter of 2020 represented the strongest period of growth for Nuvei in its company history as it reported revenue…
Wrapbook raises $34 million CAD to capitalize on digital transformation in entertainment industry
Wrapbook, a Toronto and New York-based startup at the intersection of entertainment and FinTech, has raised a $34 million CAD…
F|T: The FinTech Times – Real-time Rail wait-and-see
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…