Visa this month unveiled its participation in the Canadian expansion of Square’s instant transfers.
The payments giant says Square’s instant transfers are enabled by Visa Direct, a VisaNet processing capability helping transform global money movement. [Read more…] about Visa and Square Integrate Tech to Deliver Instant Transfers for Canadian Business
Palo Alto giant Intuit is upsizing its Canadian footprint with a new Canadian headquarters.
The global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp says its new HQ sits in the heart of downtown Toronto, located in The Well at Front Street West and Spadina Avenue. [Read more…] about Fintech Titan Intuit Bolsters Presence in Canadian Ecosystem with New HQ
Using technology from IBM, Giagamatic leverages Blockchain and Artificial Intelligence to help people self-manage administrative tasks such as banking, health insurance, and taxes. [Read more…] about Giagamatic Uses AI, Blockchain Tech to Empower Workers and Entrepreneurs in Canada
Clip Money was named Best CashTech Startup at the CashTech Innovation Awards, which took place at the Future of Cash Conference in Madrid, Spain. [Read more…] about Clip Money Named Best Startup at CashTech Innovation Awards
Affirm is building a new kind of payment network based on trust, transparency, and putting people first. [Read more…] about Amazon and Affirm Partner to Bring Payment Flexibility to Consumers Across Canada
Increasingly popular “Buy now, pay later options” can lead to sales boosts of up to 30%, according to Susan Pond, who is the owner of Fab Finds Online, an e-commerce furniture and home goods marketplace headquartered in Vaughan, Ontario. [Read more…] about Square Launches Afterpay in Canada, Empowering Merchants with BNPL Functionality
FrontFundr this week announced a significant growth milestone.
The Toronto-based equity crowdfunding platform says that is has surpassed 100 successful campaigns which have processed over $150 million in investments for startups in Canada. The fintech launched in 2015. [Read more…] about Celebrating Major Milestone, FrontFundr Launches Campaign Allowing Canadians to Invest in Platform
A Canadian-based financial technology company is expanding south of the border.
Toronto-born OTT Pay, a payment service provider, has launched a subsidiary OTT Pay USA to provide more convenient payment collection and settlement solutions “to help global e-tailers save even more on cross-border transaction costs.” [Read more…] about OTT Pay Expands to US for Cross-Border Commerce Convenience
The storied e-commerce pioneer from Ottawa continues to innovate.
Although the typically clever company this year lost a bet that forced significant layoffs, Tobi Lütke and his crew across Canada appear unwilling to be demoralized. [Read more…] about At Forefront of Flexible Compensation, Shopify Unveils ‘Flex Comp’ System
It is estimated that more than three million people aged 18-plus in Canada are “credit invisible,” according to Equifax, one of the largest consumer credit reporting agencies.
Being credit invisible means these individuals either do not have a credit file or the credit information on file is insufficient to generate credit scores, which can make life challenging. An additional seven million may have two or less credit accounts on their credit file, which is considered limited credit history—a “thin” credit file, according to Equifax. [Read more…] about Rent Reporting Platforms a Game-Changer for Tenants in Canada, Equifax Data Shows
