Canada has been lagging on adopting open banking frameworks for years, critics have been lamenting.
In 2024, the government finally began making progress toward open banking.
But Canadians may still have a couple more years to wait. [Read more…] about Canada Finally Commits to Launching ‘Consumer-Driven’ Banking… in 2026
Santa is readying his sleigh for a big journey next week, which signals that another year is just about wrapped up.
In 2024, a robust roster of professionals from across the financial and technology spectrums inked the pages of Fintech.ca, covering wide array of important and interesting topics—from payments processing to AI to crypto to customer satisfaction to content marketing and much more. [Read more…] about Remembering What Canadian Experts Said About Financial Technology in 2024
Targeting the automotive marketplace sector, Carbeeza is leveraging artificial intelligence to accurately predict optimal financing scenarios for consumers, allowing them to anonymously browse vehicles they can afford. [Read more…] about Edmonton Fintech Offers AI-Powered ‘Dealership Companion’ for Car Buyers
London, Ontario’s Paystone is acquiring Ackroo, a loyalty marketing, payments, and point-of-sale technology services provider.
Ackroo, listed on the Toronto Venture Exchange as AKR, is being acquired at a price of $0.15 per share, or about $21 million, the company announced this month. [Read more…] about London’s Paystone Acquires Hamilton’s Ackroo for $21M to Fortify Fintech Toolkit
This year the province of Alberta surpassed BC in terms of investment dollars attracted, drawing a total of $383 million across 41 deals.
Following this “continued momentum” up, Start Alberta recently recognized the top areas for venture capital flow in the province through 2024. [Read more…] about Alberta Innovators Showcase the Success of Canadian Fintech in 2024
A new loyalty program specifically designed for credit unions has launched in Canada.
Toronto-born financial technology firm Cyder this week announced $1.5 million in pre-seed funding as the company targets credit unions across the country. [Read more…] about Cyder Launches New Loyalty Program Solution for Credit Unions in Canada
Tipalti is doubling down in Canada.
The California-born finance automation company has officially registered as a money services business with the Financial Transactions and Reports Analysis Centre of Canada, the country’s financial intelligence and anti-money laundering unit. [Read more…] about Silicon Valley’s Tipalti Takes Next Steps to Expand Fintech Solutions in Canada
Conquest Planning is ending a strong year on a high note as the Winnipeg-based financial technology upstart announced this week that it has surpassed one million plans provided through its wealth management platform, a major milestone for the firm. [Read more…] about Winnipeg Fintech Announces Milestone Amid Conquest of US, UK Markets
Toronto’s EMERGE Commerce this week reported preliminary Gross Merchandise Sales results from the Black Friday and Cyber Monday shopping period. [Read more…] about Toronto Ecommerce Innovator Emerges from Black Friday with $1M in Sales
Since 2017, Fortune and Boston Consulting Group have conjured an annual list of companies that appear poised to grow long-term while also being prepared to innovate and adapt as an unpredictable future unfolds. [Read more…] about Fortune Favours Shopify as Canadian Fintech Remains on ‘Future 50’ List
