Banks open up applications for $40,000 interest-free emergency business loans
On Thursday, April 9, banks officially opened up applications for the $40,000 interest-free loan program introduced by the…
FinTech
Borrowell lays off 20 percent of staff, citing financial institutions “pulling back” amid COVID-19
Toronto-based FinTech startup Borrowell has laid off approximately 20 percent of its staff, as the impacts of the COVID-19…
F|T: The FinTech Times – FinTech furloughs
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
F|T: The FinTech Times – Canada’s financial strain
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
F|T: The FinTech Times – The small business drop-off
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Borrowell survey shows financial strain Canadians are under amid pandemic
A new survey conducted by Toronto FinTech startup Borrowell has found that three in four Canadians are experiencing financial…
FinTech lenders urge government to expand COVID-19 loan measures to better support small businesses
The Canadian Lenders Association, a group that includes FinTech and alternative lenders, is calling on the federal government…
Lighter Capital expands debt financing business to Canada
Lighter Capital, a Seattle-headquartered financing lender, is making its debt financing offerings, including term loans and…
Survey finds Canadian small businesses seeing 50 percent revenue decline amid COVID-19
A survey conducted by Toronto-based FinTech startup Lending Loop has found that Canadian small businesses have seen an average…
F|T: The FinTech Times – A catalyst for FinTech
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Holt Fintech Accelerator taps Elisabeth Laett as managing partner as it explores areas for growth
Holt Fintech Accelerator has appointed Elisabeth Laett, a former Holt advisor, as the accelerator’s new managing partner.…
Trulioo co-founder Stephen Ufford out as CEO, with Steve Munford set to take over
Stephen Ufford, the co-founder and CEO of global identity verification startup Trulioo, is stepping down from his leadership…
Challenger bank NorthOne raises $29.3 million CAD Series A
NorthOne, a Toronto-based challenger bank that offers banking for small businesses and startups, has raised a $29.3 million…
Today in funding: PolicyMe, Version One, WELL Health, ColdBlock
Four Canadian organizations have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how…
Portag3 appoints Chris O’Neill as partner, as firm looks to “plant a flag” in the Valley
Toronto-based FinTech venture capital (VC) firm Portag3 Ventures has appointed Chris O’Neill as partner. O’Neill will…