Liberty Tax and Digital Commerce Bank (DCBank) have joined forces to transform how Canadians access their tax refunds and financial services. [Read more…] about Liberty Tax Partners with DCBank to Simplify Tax Refund Access
News
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
XTM Partners with KOHO to Offer Expanded Financial Services for AnyDay Members
In a move to enhance its offerings, fintech XTM has entered an exclusive referral agreement with KOHO Financial to expand financial services for its over 100,000 AnyDay members. [Read more…] about XTM Partners with KOHO to Offer Expanded Financial Services for AnyDay Members
Trolley Secures $31M Series B to Drive Global Expansion
Montreal-headquartered Trolley, a global leader in payout solutions, has raised $31.4 million in a Series B growth equity round led by Wavecrest Growth Partners, with ongoing support from investor Pace Capital. [Read more…] about Trolley Secures $31M Series B to Drive Global Expansion
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
Neo Financial Secures $360M in Series D Funding Round
Prairie-born fintech Neo Financial today announced a $360 million Series D fundraising round consisting of $110 million of equity and $250 million of debt. [Read more…] about Neo Financial Secures $360M in Series D Funding Round
How VoPay is Addressing Complex Financial Operations in Insurance
In an industry as deeply rooted as insurance, innovation often encounters resistance. But the sector now stands at a tipping point. For insurers and Managing General Agents (MGAs) who have long depended on manual, siloed processes, the pressure to modernize financial operations is mounting. Legacy systems—never designed for today’s digital-first demands—increasingly reveal their limitations, and fragmented workflows have become the industry’s Achilles’ heel. [Read more…] about How VoPay is Addressing Complex Financial Operations in Insurance