Plooto has closed a Series B round of funding, the Toronto-based financial technology firm announced this week.
The Canadian fintech raised US$20 Million in an all-equity round led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance. [Read more…] about Fintech Plooto Secures $27 Million in Series B Round to ‘Ramp Up’ Growth
After completing a spin-off from Montreal fintech Wealthica, Vezgo recently closed a pre-seed funding round which came in oversubscribed at USD $750,000. [Read more…] about Vezgo Secures Capital to Launch Self-Serve Crypto Aggregation Portal
In November, Bitbuy declared itself first among Toronto Stock Exchange-listed crypto-trading platforms “to receive approval from applicable Canadian securities regulators to offer staking to Canadian investors.”
The WonderFi subsidiary officially launched the crypto service on its platform later in the month. [Read more…] about Canadian Fintechs on the Benefits and Misconceptions of Crypto Staking
For years after Bitcoin’s initial release into the world, it remained a highly niche project.
After a decade of roller-coaster growth, however, Bitcoin’s cult-following has turned into a global mass and spurred an entire ecosystem: myriad alternate coins, blockchains, and related products, services, and ideas. [Read more…] about Off the Blockchain: Canada’s Crypto Craze Continues
A new Canadian financial technology startup is entering the currently chaotic crypto market.
Marking its official launch today, Toronto-based fintech Beaver Bitcoin is a non-custodial exchange allowing Canadians to set up automated weekly bitcoin purchases. [Read more…] about Toronto Fintech Launches Non-Custodial Exchange for Automated Bitcoin Buying
Hubly, a workflow tool built for financial advisors, has created a new key role: Chief Growth Officer.
Filling this position for the growing Vancouver-based fintech is J.D. Davis, who cofounded FormulaFolio Investments in 2011 in the US. [Read more…] about With Fresh Funding, Fintech Hubly Bolsters Executive Team Ahead of Next Growth Phase
If you’re a client of a Canadian financial services company like Borrowell, EQ Bank, Mogo, or Tangerine, you may owe that relationship to Fintel Connect. [Read more…] about Canadian Fintech Startup Secures Investment to Advance Marketing Platform, Partnerships
I wear a fitness tracker, wield a tablet, and invest from my phone. Pretty standard stuff, right?
On the whole, I consider myself to be rarely at the forefront of cutting-edge technology. Very few things do I “early adopt.” I know this and I am okay with it. [Read more…] about With Awareness of Competition Low, Canadians Slow to Adopt Financial Technology
Royal Bank of Canada’s proposed acquisition of HSBC’s Canadian unit—RBC’s largest acquisition in its 150-year history—would grow an already sizeable lead within the country’s “heavily concentrated financial market,” according to Bloomberg. [Read more…] about How Canadian Fintech Startups May Impact RBC’s Acquisition of HSBC
In recent years we have seen a surge of activity in the financial technology sector, globally and across Canada.
Fintech business models are more compelling than ever, especially in areas such as cryptocurrency, decentralized finance, investing, insurance, lending, and payments. [Read more…] about What Our Experts Are Saying About Financial Technology Innovation in Canada
