Calgary’s OneVest has secured $5 million in venture financing for Canada’s first Wealth-as-a-Service (WaaS) platform. [Read more…] about OneVest Raises $5 Million for Canada’s First Wealth-as-a-Service Platform
Luge Capital
Key Raises $11 Million Round To Pilot Home Co-ownership In New Markets
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Toronto’s Key Unlocks a New Model for Accessible Homeownership
Toronto proptech startup Key launched today with an innovative co-ownership model that helps people get on the property ladder decades faster. [Read more…] about Toronto’s Key Unlocks a New Model for Accessible Homeownership
National Bank of Canada Invests $103 Million in Montreal’s Flinks
National Bank of Canada has taken a majority stake in Montreal fintech startup Flinks after a $103 million investment that includes $30 million in growth capital to accelerate North America expansion. [Read more…] about National Bank of Canada Invests $103 Million in Montreal’s Flinks
Finaeo Raises $5 Million to Transform the Distribution of Insurance
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BC, Ontario, and Quebec Dominate Fintech Momentum in Canada
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Canada FinTech Forum Awards Four Startups Over $300K
Four Canadian startups won top honours at the FinTech Startup Pitch Contest, which took place during the 2018 Canada FinTech Forum in Montreal yesterday. [Read more…] about Canada FinTech Forum Awards Four Startups Over $300K
Finance Montréal Launches Sixth Edition of the Canada FinTech Forum
The Canada FinTech Forum takes place from October 29th to 31st at the Palais des Congrès de Montréal with more than 70 speakers will be there to discuss this year’s theme, “Open Innovation in Financial Services”. [Read more…] about Finance Montréal Launches Sixth Edition of the Canada FinTech Forum
Flinks Secures Investment from National Bank and Luge Capital
Montreal startup Flinks has raised a $1.75 million round from National Bank and Luge Capital.
Flinks’ financial API allows users to synchronize their banking information with the app of their choosing in the savings, investment, and cryptocurrency sectors. A number of large financial service providers, including TransferWise, Wealthsimple and ATB Financial, are already using its platform.
Flinks is a leading open banking enabler in Canada and currently connects almost 200 fintechs and banks in Canada, U.S. and Europe to over 250 million financial accounts.
This investment round will be used to accelerate growth and market an AI-powered risk assessment solution based on the transaction habits of end-users and the health of their financial accounts.
Innostart Capital, Panache, iNovia Capital and Conconi Growth Partners, also participated in the financing round.