Nasdaq acquires St. John’s based Verafin for $2.75 billion USD
Nasdaq, Inc., has acquired St. John’s-based Verafin for $2.75 billion in cash, a move to combine Verafin’s anti-financial…
FinTech
FinTech and healthtech startup Aya comes out of “stealth” with $3.7 million CAD in seed financing
Toronto-based Aya, which creates payments solutions and program administration for employee benefits packages, has raised a…
Chime the latest US tech company to expand to Vancouver
Chime, a consumer FinTech firm headquartered in San Francisco, has opened an office in Vancouver and legally incorporated in…
Shopify expands payment options for US merchants through partnership with Alipay
Shopify has partnered with major Chinese digital wallet platform Alipay to expand its payment options for merchants based in…
F|T: The FinTech Times – Battle of the banks
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Payments Canada taps Mastercard’s Vocalink as provider for new real-time payments system
Payments Canada has selected Mastercard-owned Vocalink to be one of the providers for the country’s new real-time payments…
Thinking Capital acquires FinTech startup Ario to better support SMB recovery during the pandemic
Ario, an Ottawa-based FinTech startup that offers cost-efficient digital lending to small to medium-sized businesses (SMBs),…
Nuvei announces third quarter results, first since going public
Montréal payment solutions company Nuvei saw a quarter of growth as it went public, increasing revenue by 32 percent year-over-year…
Today in hires: Deep Genomics, Flybits, Information Venture Partners
Three Canadian organizations have brought on new team members to add to their teams, including Deep Genomics, Flybits, and…
Trulioo names Leigh Ramsden new CFO
Vancouver-based global identity verification startup Trulioo has tapped Leigh Ramsden as its new chief financial officer. Ramsden…
F|T: The FinTech Times – PayPal’s big plans
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Following delay, federal government to reopen virtual consultations on open banking
Canada’s Department of Finance has reopened its consultations on open banking with industry stakeholders, according to an…
Wealthsimple set to launch new ETF for Muslim investors in 2021
Toronto-based Wealthsimple has revealed plans to launch an exchange-traded fund (ETF), which the startup says will offer investors…
F|T: The FinTech Times – Toeing the line
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Willful acquires competitor WillowBee as it prepares for expansion to new provinces
Toronto-based Willful, which provides online will and estate planning, has acquired Ottawa-based WillowBee, an online will…