F|T: The FinTech Times – Facebook’s new cryptocurrency
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
FinTech
Wealthsimple snags former Netflix HR director Marina Harris
Wealthsimple has announced that Marina Harris will join as the new Chief People Officer to help manage and scale the Toronto-based…
QuadrigaCX CEO moved customer funds into his own accounts
The late founder and CEO of now-defunct crypto exchange platform QuadrigaCX used customer funds to trade crypto for his own…
Willful partners with Wealthsimple to launch RESP and will creation tool
Toronto-based FinTech Wealthsimple has partnered with online estate planning company Willful, to help users create a will and…
Procurify raises $26 million CAD Series B for spend management solution
Procurify, a spend management software solution for businesses, announced today that it has closed $26 million CAD ($20 million…
Creative Destruction Lab signs on as founding partner of Facebook’s new cryptocurrency
Creative Destruction Lab (CDL) will be a founding partner of the Libra Association, a foundational consortium that will develop…
F|T: The FinTech Times – A Canadian regulatory regime for crypto
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Borrowell closes $20 million Series B as it tops 1 million users
Toronto-based FinTech startup Borrowell has closed a $20 million Series B consisting of equity and venture debt, co-led by…
Overbond launches new AI algorithm for bond pricing
Overbond, a Toronto-founded AI and FinTech company, has launched a new bond pricing AI algorithm that can price yield curves…
Canadian Securities Administrators considering crypto “regulatory regime” by 2022
The Canadian Securities Administrators (CSA) said it wants to adapt current securities regulations to specifically address…
UBC launches blockchain, distributed ledger program for graduate students
The University of British Columbia (UBC) is launching a blockchain and distributed ledger technology training program for graduate…
Element AI signs HSBC, its third partnership announcement in four months
Element AI is partnering with HSBC to help the bank develop the capability to analyze data that comes from clients of its Global…
Wave to be acquired by H&R Block for $537 million CAD
Toronto-based Wave Financial, a financial planning platform for small business owners, is set to be acquired by international…
Desjardins launches $45 million fund to support FinTech startups
Financial services company Desjardins has announced a new $45 million FinTech investment fund, aimed to support startups that…
Borrowell raises $360,000 from LGBT investment group Gaingels
Toronto-based FinTech startup Borrowell has received a $360,000 CAD investment from Gaingels, a San Francisco-based LGBT affinity…