Quadient announced today that it is acquiring Software as a Service (SaaS) platform Beanworks for approximately $105 million. [Read more…] about Vancouver’s Beanworks Acquired By Quadient For $105 Million
Milo Now Provides U.S. Home Loans to Canadian Nationals
Miami-based fintech Milo will now provide U.S. home loans to Canadian citizens so they can purchase or refinance their U.S. investment properties. [Read more…] about Milo Now Provides U.S. Home Loans to Canadian Nationals
Buy-now-pay-later Leader Financeit Strikes $500 Millon Partnership With RBC
Financeit has entered into a new strategic consumer lending agreement with the Royal Bank of Canada (RBC) to solidify its position as Canada’s leading point-of-sale financing provider. [Read more…] about Buy-now-pay-later Leader Financeit Strikes $500 Millon Partnership With RBC
Fusebill Receives Strategic Investment from US Payment Tech Provider
Orlando’s Fattmerchant has made a strategic, majority investment in Ottawa-based subscription and billing payments platform, Fusebill. [Read more…] about Fusebill Receives Strategic Investment from US Payment Tech Provider
Brim Financial Raises $25 Million To Transform The Way People Bank
Brim Financial announced today the close of a $25 million Series B, co-led by Desjardins Group and US-based EPIC Ventures with strong participation from Canadian and US based investors including goeasy, White Owl and Impression Ventures. [Read more…] about Brim Financial Raises $25 Million To Transform The Way People Bank
North America’s First Bitcoin ETF Gets Green Light in Canada
Canadian securities regulators have cleared the launch of the Purpose Bitcoin ETF, making it the first to gain regulatory approval in North America.
The fund from Purpose Investments is designed to provide investors with exposure to the world’s largest cryptocurrency by investing directly in physically settled Bitcoin. [Read more…] about North America’s First Bitcoin ETF Gets Green Light in Canada
Fraction Raises $289 Million, Takes Aim At Reverse Mortgages
Vancouver’s Fraction Technologies has raised $289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. [Read more…] about Fraction Raises $289 Million, Takes Aim At Reverse Mortgages
KOHO Launches Credit Building for Canadians
Canadian challenger bank KOHO continues to disrupt the personal finance space, announcing today the launch of their first Credit Building product. KOHO Credit Building reports all activity to TransUnion®, one of the two major reporting bureaus in Canada. [Read more…] about KOHO Launches Credit Building for Canadians
Foxquilt Announces Partnership with Digital Partners, a Munich Re company
Toronto’s Foxquilt has partnered with Digital Partners, a Munich Re company, to enable them to operate as a full-service insurance provider and co-creator of new, end-to-end insurance products/programs for small businesses. [Read more…] about Foxquilt Announces Partnership with Digital Partners, a Munich Re company
Fintech Cadence Acquires Innovate Financial Health
Toronto non-profit Innovate Financial Health (IFH) has been acquired by Montreal’s Fintech Cadence.
Founded in 2017, Fintech Cadence is on a mission to develop Canada’s future fintech leaders. Since their creation, they have launched the first fintech-focused incubator but have grown to include a 12-week Fintech Certificate and the Formathon, Canada’s biggest fintech competition. [Read more…] about Fintech Cadence Acquires Innovate Financial Health