Loop was originally conceived in Canada in 2015 as a financing provider but by 2022 had pivoted to a solution targeting pain points faced by small- and medium-sized businesses seeking to grow operations. [Read more…] about Toronto’s Loop Raises $6.4M to Further Expand Digital Banking-for-Business Platform
Elon Musk and Shopify CEO Laugh Off Big Canadian Bank’s Commerce Launch
Last week, the Toronto-Dominion Bank announced a “full service e-commerce platform for Canadian small businesses.” [Read more…] about Elon Musk and Shopify CEO Laugh Off Big Canadian Bank’s Commerce Launch
Raymond James Bolsters Service with A.I. Fintech Tools from Conquest
Conquest Planning recently announced a partnership with Raymond James, the Canadian arm of North American investment dealer Raymond James Financial. [Read more…] about Raymond James Bolsters Service with A.I. Fintech Tools from Conquest
Vancouver AI Fintech Startup Reaches Final Round of 2024 NVBC Competition
North America’s financial industry, known for slow change in the prior century, has been disrupted by technology since the turn of the millennium. [Read more…] about Vancouver AI Fintech Startup Reaches Final Round of 2024 NVBC Competition
NetNow Announces Pre-Seed Capital to Fuel Its AI-Powered Fintech Platform
Following graduation from the Intuit Prosperity Accelerator last year, NetNow this month secured pre-seed funding.
The $1.8 million round into NetNow was led by Toronto’s Ripple Ventures and included participation from Centre Street Partners, Antler, Motivate Venture Capital, and Day One Ventures. [Read more…] about NetNow Announces Pre-Seed Capital to Fuel Its AI-Powered Fintech Platform
California Fintech Expands Blockchain-Powered Payments Platform in Canada
A California company dealing in blockchain-enabled payments for businesses is expanding north of the border.
Paystand out of Scotts Valley is bringing the full breadth of its zero-fee B2B network to Canada, where it initially launched with limited services in 2018. [Read more…] about California Fintech Expands Blockchain-Powered Payments Platform in Canada
Fintech Tools Tackle Problem of Digital Subscription Churn in Canada
One billion new consumers have joined the internet economy since 2019 and many are subscribed to multiple digital services: Data from the recently shuttered Hardbacon revealed this year that the average Canadian has eight recurring subscriptions. [Read more…] about Fintech Tools Tackle Problem of Digital Subscription Churn in Canada
Montreal’s Hardbacon Closes Its Doors After ‘Abusive Behaviour’ from Google
Canadian financial technology firm Hardbacon has shuttered.
After raising capital in 2022, the Montreal-born company was aiming to be a go-to tool for financial decision-making, from budgeting to investment tracking. [Read more…] about Montreal’s Hardbacon Closes Its Doors After ‘Abusive Behaviour’ from Google
Vault Unveils New Feature to Simplify Financial Operations for Businesses
A digital financial platform for Canadian businesses this week released an automated vendor payment functionality. [Read more…] about Vault Unveils New Feature to Simplify Financial Operations for Businesses
Toronto Tech Anchor Givex Acquired by Shift4 in All-Cash Deal
Givex Corp. is being acquired by Shift4 Payments, the two companies announced this week, after the Canadian fintech’s board of directors determined that the transaction is in the best interests of the company. [Read more…] about Toronto Tech Anchor Givex Acquired by Shift4 in All-Cash Deal