Toronto’s Wellfield Technologies (TSXV:WFLD) is acquiring Israel-based Coinmama for CAD $3 million in cash and 22 million shares. The acquisition will give Wellfield the largest user base out of any publicly traded DeFi company. [Read more…] about DeFi Startup Wellfield To Acquire Israel-based Blockchain Company Coinmama
News
WonderFi Closes BitBuy Deal as Canada’s Crypto Ecosystem Advances
Early into the year Techcouver reported that WonderFi was set to acquire Bitbuy, the first approved crypto marketplace in Canada. [Read more…] about WonderFi Closes BitBuy Deal as Canada’s Crypto Ecosystem Advances
Thinking Capital Becomes Driven, Celebrates Rebrand with Crypto Rewards
Thinking Capital has renamed itself Driven.
The name Driven, by Purpose celebrates the drive and the generative energy of small businesses and their vital importance to communities across the country. [Read more…] about Thinking Capital Becomes Driven, Celebrates Rebrand with Crypto Rewards
Mogo Ventures to Manage Mogo’s $124 Million Investment Portfolio
Canadian fintech leader Mogo has launched Mogo Ventures to manage its investments in strategic partners and companies that support Mogo’s ecosystem. [Read more…] about Mogo Ventures to Manage Mogo’s $124 Million Investment Portfolio
Calgary’s Reach Secures $30 Million Investment to Accelerate Growth
Calgary’s e-commerce payments enabler Reach has secured a $30 million investment as it bids to accelerate its mission of unlocking a global customer base for merchants through a streamlined payments, tax and fraud platform. [Read more…] about Calgary’s Reach Secures $30 Million Investment to Accelerate Growth
Helcim Raises $16 Million Series A Round To Expand Payments For Small Businesses
Calgary’s Helcim raised a $16 million Series A funding round led by Toronto’s Information Venture Partners and New York’s Aquiline Technology Growth (ATG). [Read more…] about Helcim Raises $16 Million Series A Round To Expand Payments For Small Businesses
InsurTech Disrupter Adds Bar Score Technology To Employee Benefits
Vancouver’s CloudAdvisors has unveiled a brand new innovation to the employee benefits industry.
Like a credit score but for employee benefits, the Bar Score from CloudAdvisors represents a revolutionary technology in employee benefits evaluation and insurance transparency. [Read more…] about InsurTech Disrupter Adds Bar Score Technology To Employee Benefits
‘Juggling Debt’ a Platform for Canadians Looking to Lower Debt Loads
Consumer Genius this year unveiled a new online platform called Juggling Debt.
The simple platform from Calgary-based financial technology firm Consumer Genius is “strictly focused on helping Canadian consumers manage their debt loads,” according to the company. [Read more…] about ‘Juggling Debt’ a Platform for Canadians Looking to Lower Debt Loads
MREIT Launches HQ in Decentraland to Transform Real Estate Investing in the Metaverse
As the Metaverse evolves on multiple fronts, companies, entrepreneurs, and everyone in between will look at how to take advantage of this new Gold Rush.
MetaSpace Real Estate Investment Trust (MREIT), is one of those emerging companies. The Canadian-based firm is the first tokenized metaverse real estate investment group with a goal to expand user accessibility for investing in metaverse digital land. [Read more…] about MREIT Launches HQ in Decentraland to Transform Real Estate Investing in the Metaverse
InsurTech APOLLO Raises Series B Round To Accelerate Online Insurance Platform
Vancouver’s APOLLO Insurance has raised a Series B financing round led by Definity Financial Corporation. [Read more…] about InsurTech APOLLO Raises Series B Round To Accelerate Online Insurance Platform