Xanadu, BMO, Scotiabank joint project uses quantum for trading products
Toronto-based Xanadu has announced the findings of a joint proof-of-concept with BMO and Scotiabank. The firms worked on discovering…
FinTech
New Brunswick-based money saving app Quber raises $450,000
Moncton-based Quber, an app that aims to help users save money through fun games, has closed $450,000 in total funding. Of…
F|T: The FinTech Times – Canada’s blockchain framework
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
FinTech-focused Holt Accelerator announces 2019 cohort
The Holt Accelerator, a Montreal-based program open to FinTechs from around the world, has accepted eight companies into its…
Wealthsimple announces partnership, looks to attract high-net-worth investors
Wealthsimple has entered into a partnership with Grayhawk Investment Strategies, an independent wealth management firm, that…
Overbond to launch three AI analytics labs in Montreal for R&D in bond pricing
Overbond, a Toronto-founded AI and FinTech startup, is partnering with business school HEC Montreal, Concordia University,…
Montreal-based Nuvei acquires SafeCharge for $1.1 billion CAD
Montreal-based FinTech company Nuvei has completed the acquisition of UK-based SafeCharge International Group for $1.1 billion…
Coinberry partners with Cyclebit to offer crypto transactions through POS
Coinberry, a Toronto-based digital crypto platform, is partnering with Singapore-based Cyclebit to offer a cryptocurrency-to-retail…
Chamber of Digital Commerce recommends building blockchain framework in Canada
The Chamber of Digital Commerce Canada, an association representing the digital asset and blockchain industry, has released…
F|T: The FinTech Times – Kin claps back
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Hardbacon raises over $680,000 from FrontFundr campaign
Hardbacon, a Montreal-based FinTech startup, has raised an seed round of over $680,884 through FrontFundr‘s crowdfunding…
F|T: The FinTech Times – No accountability
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Government of Canada’s chief information officer Alex Benay leaves to join Mindbridge
Alex Benay, the Government of Canada’s chief information officer (CIO), has announced he is leaving his post to join…
Kik denies all allegations, argues SEC misrepresented evidence in lawsuit
Kik has officially filed its response to the U.S. Securities and Exchange Commission (SEC) lawsuit filed against the Kitchener-based…
Owl.co raises $2.6 million CAD for encrypted data collection platform
Owl.co, a software company that helps banks and insurers collect and encrypt customer data, has raised its first round of funding,…