Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
FinTech
F|T: The FinTech Times – Is Canada an easy mark for international money laundering?
Plus: ZayZoon returns its services to Canada after years in the US.
Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal
Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies.
Earned wage startup ZayZoon returns its services to Canada
ZayZoon focused on servicing the United States after struggling to take on Canadian clients in 2016.
Baseline closes $2.2 million CAD to help private lenders manage their businesses
Lender-turned-software-startup targets growing private lending market.
F|T: The FinTech Times – Wealthsimple begins offering mortgages with Pine partnership
Plus: Binance caught in anti-money laundering crosshairs.
FINTRAC fines crypto giant Binance $6 million for flouting anti-money laundering laws
The penalty comes shortly after an Ontario court certified a class action against the firm.
#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024
NowVertical’s revenue for 2023 also increased by 91 percent year-over-year to $51.7 million.
Wealthsimple enters mortgage space through Pine partnership
Wealthsimple partners with the “Wealthsimple for home buying” to help customers avoid a “sucker rate.”
F|T: The FinTech Times – Jack Dorsey’s Block investigated by US federal prosecutors
Plus: Binance CEO sentenced to four months.
ITIF president wonders whether Canada has the “political will” to fix its productivity issues
Rob Atkinson pines for a “killer instinct” while launching the CCIC.
Rogers Cybersecure Catalyst and RBC launch FinSec incubator
Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.
Five things you’ll want to do at the world’s most interesting crypto conference
A Canadian delegation is heading to Texas this May for Consensus 2024.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
FinTech startup Fluence Technologies agrees to be acquired by Anaplan
Anaplan plans to integrate Fluence’s financial consolidation software into its own platform.