ZayZoon this week announced a senior appointment to its executive suite as the Calgary-based earned wage access platform ranks among North America’s fastest-growing firms. [Read more…] about Growing Fast, Calgary’s ZayZoon Bolsters Executive Team with Key Hire
D1g1t Launch Promises ‘New Level of Efficiency’ for Wealth Management
Wealth management innovator d1g1t this week announced the launch of a new framework targeting portfolio managers. [Read more…] about D1g1t Launch Promises ‘New Level of Efficiency’ for Wealth Management
Payfare Reveals Pronto, a New Earned Wage Access Solution for Canadians
Payfare has launched a new product.
The earned wage access company, which powers digital banking solutions for workforces, this week announced Pronto by Payfare. [Read more…] about Payfare Reveals Pronto, a New Earned Wage Access Solution for Canadians
Expanding in U.S., Upstart Insurtech Foxquilt Takes Bite Out of Big Apple
Foxquilt is bringing its Canadian-made financial technology offerings to the Big Apple.
The Toronto-born digital insurance provider says small business owners in New York can now tap into Foxden, the company’s proprietary embedded insurance tech. [Read more…] about Expanding in U.S., Upstart Insurtech Foxquilt Takes Bite Out of Big Apple
Propel Acquires QuidMarket as ‘Critical Step’ Toward ‘Ambitious Plans’ in UK
Propel Holdings is establishing a fintech footprint in the United Kingdom. [Read more…] about Propel Acquires QuidMarket as ‘Critical Step’ Toward ‘Ambitious Plans’ in UK
Nuvei ‘Embarks on New Chapter’ as Montreal Fintech Officially Goes Private
After experiencing a high north of $170 per share back in 2021, Montreal’s Nuvei struggled to recover on the public markets, with shares dipping to a low of less than $20 toward the end of last year. [Read more…] about Nuvei ‘Embarks on New Chapter’ as Montreal Fintech Officially Goes Private
Royal Bank of Canada an Early Adopter of Deep Sky Labs’ Climate Technology
Microsoft and Canada’s largest public company are tapping Deep Sky Labs to remove thousands of tonnes of carbon dioxide from the atmosphere over the next decade. [Read more…] about Royal Bank of Canada an Early Adopter of Deep Sky Labs’ Climate Technology
Toronto’s Chexy Continues to Build Fintech Platform Powering Rewards for Renters in Canada
It is estimated that more than three million people aged 18-plus in Canada are “credit invisible,” according to Equifax, meaning these individuals either do not have a credit file or the credit information on file is insufficient to generate credit scores. [Read more…] about Toronto’s Chexy Continues to Build Fintech Platform Powering Rewards for Renters in Canada
Shopify Market Cap Cracks $200 Billion as E-Commerce Pioneer Reports Another Strong Quarter
Canada’s largest financial technology firm just got bigger.
Shopify, the Ottawa-based e-commerce innovator, saw shares spike more than 20% on the day following a strong quarterly earnings report, raising its market capitalization north of $200 billion. [Read more…] about Shopify Market Cap Cracks $200 Billion as E-Commerce Pioneer Reports Another Strong Quarter
Stock Propels Upward as Profitable Fintech Reports Rising Revenue Amid Global Expansion
We’ve been noticing this year that financial technology startups are commonly among the fastest-growing firms in Canada.
For example, 20% of Deloitte Canada’s Technology Fast 50 for 2024 is comprised of fintechs. [Read more…] about Stock Propels Upward as Profitable Fintech Reports Rising Revenue Amid Global Expansion