Xero to acquire Calgary’s TaxCycle in $75 million CAD deal to expand Canadian presence
Xero called the deal “an important step forward” in its commitment to Canada.
FinTech
CoinSmart second crypto trading platform to receive marketplace status this month
Bitbuy also received marketplace approval in early December.
Following Moka acquisition, Mogo launches stock trading app
Mogo is ready to go-go head-to-head with Wealthsimple.
Hubly raises $1.7 million CAD to help financial services firms improve their productivity
Hubly aims to capitalize on the wealth management sector’s pandemic-fuelled digital transformation.
Trulioo sees crypto firms lean toward compliance verification as regulatory environment changes
Identity verification startup Trulioo’s largest customer segment is crypto firms.
F|T: The FinTech Times – Ledn bets on Bitcoin-backed mortgages
Plus: Institutional Bitcoin broker NYDIG valued at $7B in whopping $1B funding round.
WealthTech startup PureFacts raises $37 million to pursue acquisitions
The Canadian Business Growth Fund led the round.
Ledn raises $70 million in Series B funding, plans launch of Bitcoin-backed mortgages
Ledn claimed its Bitcoin-backed mortgage is the first of its kind to market.
F|T: The FinTech Times – Is Wealthsimple building a FinTech super app?
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Conduit makes the case for DeFi
DeFi – that’s a Web3 thing, right?
Nuvei shares drop amid short seller report
Payment processing company Nuvei saw its shares on the Toronto Stock Exchange (TSX) and Nasdaq fall rapidly today as a short-seller…
Wealthsimple Trade to launch ‘Plus’ tier, sunset ‘Premium’ offering, streamline US trading
Did someone say rundle?
Payment Rails rebrands to Trolley, closes $7 million Series A to expand reach of global payouts platform
Montréal-based FinTech startup Payment Rails has rebranded as Trolley and secured $7 million CAD in Series A financing to…
Wealthsimple sells UK book of business as FinTech giant focuses solely on Canada (for now?)
Is Wealthsimple trying to build Canada’s first FinTech super app?
F|T: The FinTech Times – Willful in the Dragons’ Den
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…