Clip Money is looking to establish itself in North America’s financial technology space.
The Toronto-based fintech startup, which operates a multi-bank self-service deposit system for businesses, debuted on the TSX Venture Exchange under the ticker symbol CLIP in May. [Read more…] about Clip Money Debuts on TSXV, Secures Investment from Glory
Parvis Invest announced that it has raised $2.6 million to launch a blockchain-based platform designed to modernize the investing process and unlock real estate opportunities. [Read more…] about Vancouver’s Parvis Invest Raises Seed Round for Blockchain Investing Platform
Montreal’s Fintech Cadence recently debuted the third cohort of Innovate Financial Health Lab, which assists fintech startups using technology to help improve the financial lives of underserved Canadians by making financial products and services more affordable. [Read more…] about Fintech Cadence Launches Latest Cohort of Innovate Financial Health Lab
Wealthsimple has consolidated all of its financial technology products into one app, creating a digital-first alternative to Big Banks within a single interface. [Read more…] about Wealthsimple Unveils All-in-One Banking and Investing App for Canadians
A Canadian financial technology startup has emerged from stealth following a Series A round of funding. [Read more…] about Pine Pops Out of Stealth with $27 Million in Hand to Reimagine Mortgages in Canada
Nearly 90% of eligible Canadians have used Interac e-Transfer, which Interac Corp. noted reached one billion transactions within a year for the first time since the service launched two decades ago. [Read more…] about How the Pandemic and Inflation are Affecting Spending Habits in Canada
Brim Financial recently announced a strategic partnership with Mambu, a software-as-a-service banking platform. [Read more…] about Brim Partners with Mambu to ‘Redefine Banking Services’ in Canada
Hardbacon this week launched an equity crowdfunding campaign through the FrontFundr portal where it has secured more than $400,000 in the first 24 hours. [Read more…] about Montreal’s Hardbacon Finds Success with Equity Crowdfunding
Helcim has given its card reader a makeover and now offers merchants a choice of vibrantly coloured stands with orders.
The colours are no coincidence—the stands come in the Helcim-brand tones of Pink, Purple, and Yellow. [Read more…] about Calgary’s Helcim Goes Vibrant with Latest Merchant Offering
Brim Financial recently announced the appointment of a chief financial officer.
The Toronto-based financial technology startup says that former Marqeta finance executive Arthur Zhao has joined the crew as part of a broader executive suite expansion.
The overall expansion is to support market demand for the company’s flexible and scalable embedded finance solutions, including its platform-as-a-service and credit card infrastructure, according to Brim.
“We are committed to building one of the most talented teams in the industry and are thrilled to have Arthur join us to support our rapid expansion at Brim,” said Rasha Katabi, CEO of Brim Financial.
“His proven leadership experience in high-growth environments and wealth of industry knowledge is a perfect addition to our team,” she added.
Zhao boasts 20 years of experience in the fintech industry, most recently serving as vice president of finance and revenue operations at Marqeta, where he was instrumental in building a finance function to support the company’s rapid growth, including multiple rounds of capital raise and a successful IPO in 2021. He also worked at PayPal.
“I have been fortunate to be a part of some outstanding organizations and in Brim, saw an opportunity to play a key role in a dynamic, growing company,” said Zhao.
“Brim is well positioned globally within an evolving digital banking and payments ecosystem, and I look forward to helping them continue on their trajectory as a market leader,” he added.
Last year, Brim raised a $25 million Series B round, co-led by Desjardins Group and US-based EPIC Ventures.
