Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
FinTech
Susan Hawkins to lead Payments Canada as president and CEO
Hawkins previously supported the launch of a real-time payments solution at TD Bank.
OSC accuses Liquid MarketPlace of fraud and pursues action against startup, top execs
Leaders of Logan Paul-founded NFT marketplace allegedly used $3 million from investors for “personal enrichment.”
Nesto acquires mortgage-lending giant CMLS Group
Nesto says the combined entity will have more than $60 billion in mortgages under administration.
Binance is appealing $6-million CAD fine from FINTRAC, report says
Canada’s anti-money laundering agency fined the crypto exchange in May for registration and reporting failures.
TD Bank launches Innovation Partners banking platform for tech companies
TD Innovation Partners’ leadership team is almost entirely ex-SVB and ex-RBCx leaders.
Chexy secures $4.1 million to improve its rent-to-rewards platform’s payments infrastructure
Chexy is looking to become a one-stop shop for tenants paying their monthly rent and expenses.
Tax credit, grant financier Finalta Capital secures $31 million in funding
Lender aims to provide additional $100 million in tax credit and grant financing over the next two years.
F|T: The FinTech Times – Brex drops a CEO and looks to IPO
Plus: An exclusive interview on the new Float product launches.
Led by former Solium CEO, CreditApp secures $2.7 million to commercialize auto lending software
Inovia-backed CreditApp aims to bring innovation to the auto-lending market.
Float launches bill payments and personal expense reimbursement products
FinTech startup aims to help businesses pay bills and reimburse out-of-pocket expenses faster.
F|T: The FinTech Times – The unravelling of LoanSnap after raising $100 million
Plus: Ratehub has a new CEO.
Executive turnover continues in Canadian tech as Ratehub names new CEO
Healwell, TryCycle, Userful, and more also make changes to the top.
Canadian-founded Staging Labs acquired by Merkle Science
Staging Labs uses real-time tech to detect and block malicious crypto transactions.
Apollo Insurance closes $18.5 million CAD for new buy now, pay later subsidiary
FinShore allows Apollo’s customers to defer payments on their insurance premiums.