Investment into financial technology in Canada remains “robust,” a new report from KPMG shows, elevated by a select few major deals. [Read more…] about Investment Spike Sparks Record Year for Financial Technology Investment in Canada
KPMG
Adoption of A.I. Tech within Canadian Finance Above Global Average: Report
A strong majority of organizations in Canada are embedding layers of artificial intelligence into their financial operations, suggests new from KPMG. [Read more…] about Adoption of A.I. Tech within Canadian Finance Above Global Average: Report
Fintech Capital Explodes in Canada as Montreal Firms Draw Huge Investments
Venture capital appears to be booming in Canada’s financial technology sector.
But, digging deeper, one discovers that the impressive success is not evenly distributed industry-wide. [Read more…] about Fintech Capital Explodes in Canada as Montreal Firms Draw Huge Investments
Canadian Fintechs Forge Ahead with Funding Despite Negative Factors
Investment in Canadian financial technology firms slowed significantly through 2023, found KPMG’s latest Pulse of Fintech report. [Read more…] about Canadian Fintechs Forge Ahead with Funding Despite Negative Factors
Fintech Investment Remains Down. But Have We Seen the Bottom?
Investment in Canadian financial technology firms slowed significantly through 2023, finds KPMG’s latest global Pulse of Fintech report, which observed the number of deals drop last year by more than half and values fall nearly 30 per cent. [Read more…] about Fintech Investment Remains Down. But Have We Seen the Bottom?
Canadian Fintech Investment Drops To Pandemic-era Levels
Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the COVID-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG in Canada. [Read more…] about Canadian Fintech Investment Drops To Pandemic-era Levels
Investment in Canadian Fintech Plunges—But Uptick Expected by End of Year
Investment in Canada’s financial technology sector dipped last year, new data from PitchBook shows. [Read more…] about Investment in Canadian Fintech Plunges—But Uptick Expected by End of Year
Investment in Canadian Fintech Drops To Just Under $1 Billion In First Half Of 2022
After a record-breaking year in 2021, investment in Canadian fintech dropped by more than 50 per cent in the first six months of 2022, mirroring a broader decline in the technology sector. [Read more…] about Investment in Canadian Fintech Drops To Just Under $1 Billion In First Half Of 2022
Vancouver Insurtech Startup APOLLO Earns Runner-Up in Cutthroat Competition
One thing technology does great is turn our dirty, complicated tasks into clean, efficient processes.
Take for example the business of insurance: in an era of paper stacks and calculators, one can imagine a nightmarish field. However, modern financial technology startups such as Apollo modernize the insurance process thoroughly, leaving nary a hint of the ways of old. [Read more…] about Vancouver Insurtech Startup APOLLO Earns Runner-Up in Cutthroat Competition
Report Finds ‘Unified Commerce’ Key to Post-Pandemic Growth for Retailers in Canada
Digital transformation represents a trillion-dollar opportunity for the industry, according to KPMG. And in the face of the global pandemic, Canadian businesses experienced a new age of digital adoption unlike ever before. [Read more…] about Report Finds ‘Unified Commerce’ Key to Post-Pandemic Growth for Retailers in Canada