Report: Canada expected to spend over $800 million on blockchain solutions by 2023
Canadian businesses are estimated to spend over $800 million CAD on blockchain solutions by the year 2023, according to the…
FinTech
Incumbents, consumer complacency barriers to innovation in Canadian banking
Wednesday at the #ElevateTechFest Money Stage, BetaKit’s Meagan Simpson spoke with three FinTech disruptors about open…
F|T: The FinTech Times – A Spotify for money
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Mike Katchen on why Wealthsimple avoided the traditional VC cycle to scale
At #ElevateMoney Stage (programmed by BetaKit) on Wednesday, BetaKit’s Douglas Soltys sat down with Wealthsimple CEO Michael…
Ted Livingston says Kik will not stop fighting until it has “no dollars left”
After a tumultuous week for chat messaging app Kik, CEO Ted Livingston took the stage at #ElevateMoney Stage (programmed by…
Toronto-based Paycase files $500 million lawsuit against TMX Group
Toronto-based Paycase, which works with financial institutions to provide infrastructure for cryptocurrency offerings, has…
Knøx raises $8.25 million, launches new digital asset custody service
Knøx, a Monreal-based digital asset protection startup, has raised an $8.25 million seed round and is launching a digital…
Wealthsimple ventures into the tax space with SimpleTax acquisition
Toronto-based Wealthsimple has acquired SimpleTax, a web-based tax preparation app. Wealthsimple said the acquisition will…
Kik chat app shuts down as company goes “all in” on Kin
The Kik app is officially shutting down. The company will reduce its headcount to 19 people, and will focus solely on converting…
Element AI announces first product for the insurance market
Element AI has announced the Submissions capability for its Underwriting Partner product, less than two weeks after announcing…
Newton announces partnership meant to prevent the next QuadrigaCX scandal
Toronto-based Newton, a no-fee mobile cryptocurrency platform, has partnered with fellow Toronto company Balance, a cryptocurrency…
Today in funding ($570K): Patchell Brook, Primped
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…
Trulioo raises $70 million CAD from global banking heavyweights
Trulioo, a Vancouver-based FinTech startup focused on global identity verification, has raised a total of $70 million CAD from…
F|T: The FinTech Times – Bad times for Bunz
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
WealthBar, Assante Wealth Management to launch online investing platform
Vancouver-based FinTech startup WealthBar is partnering with Assante Wealth Management a new online investing platform for…