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Montreal’s Lexop Acquired by Silicon Valley Firm to Boost Collection Tech

As North American consumer debt surges to record-breaking levels, Eltropy, an AI-powered conversations platform for community financial institutions, has acquired Montreal's Lexop, a provider of digital collections technology for credit unions. … READ MORE... about Montreal’s Lexop Acquired by Silicon Valley Firm to Boost Collection Tech

Canadian Fintech Leaders to Discuss 2025 Industry Outlook in Toronto

The Canadian fintech community is set to kick off 2025 with an exclusive panel discussion exploring the future of financial technology in Canada. Hosted in partnership with Category Communications, Payments, Platforms + Progress: What’s Next for Fintech in … READ MORE... about Canadian Fintech Leaders to Discuss 2025 Industry Outlook in Toronto

Vancouver’s Bench Accounting Shutters, Lays Off 450 Employees

Vancouver-based Bench Accounting, North America’s largest bookkeeping service for small businesses, has unexpectedly ceased operations, leaving customers and employees reeling. Approximately 450 staff members have been laid off, and the company’s platform was … READ MORE... about Vancouver’s Bench Accounting Shutters, Lays Off 450 Employees

Charities Must Move Online if They Want to Survive

The strike at Canada Post hit many Canadian charities like an earthquake, crumbling the investments they had made in their end-of-year direct mail fundraising campaigns, leaving a financial hole that will be hard to recover from, especially at the most … READ MORE... about Charities Must Move Online if They Want to Survive

Fiserv to Acquire Payfare, Expanding Embedded Finance Offerings

Fiserv, a global leader in payments and financial services technology, announced today its definitive agreement to acquire Toronto-based Payfare (TSX: PAY). The deal is expected to close in the first half of 2025, pending shareholder and court approvals and … READ MORE... about Fiserv to Acquire Payfare, Expanding Embedded Finance Offerings

New Features Propel Wealthsimple Beyond Banking in 2024

Wealthsimple marked a significant year in 2024, introducing new features and products designed to address Canadians’ evolving financial needs. With a decade of growth, the company has positioned itself as a comprehensive platform offering investment, savings, … READ MORE... about New Features Propel Wealthsimple Beyond Banking in 2024

Affirm Expands Partnership with Adyen, Enhances BNPL Options in Canada

Affirm has announced an expanded partnership with Adyen, the global financial technology platform. The collaboration makes Affirm the first Buy Now, Pay Later (BNPL) provider to support Adyen for Platforms, an end-to-end payment solution designed for platform … READ MORE... about Affirm Expands Partnership with Adyen, Enhances BNPL Options in Canada

Clearco and Boundless Simplify Ecommerce Funding

Toronto-headquartered Clearco and capital marketplace Boundless have announced a technology integration to streamline access to working capital for ecommerce brands. This collaboration builds on their existing partnership and introduces a simplified funding … READ MORE... about Clearco and Boundless Simplify Ecommerce Funding

Canada Finally Commits to Launching ‘Consumer-Driven’ Banking… in 2026

Canada has been lagging on adopting open banking frameworks for years, critics have been lamenting. In 2024, the government finally began making progress toward open banking. But Canadians may still have a couple more years to wait. … READ MORE... about Canada Finally Commits to Launching ‘Consumer-Driven’ Banking… in 2026

Remembering What Canadian Experts Said About Financial Technology in 2024

Santa is readying his sleigh for a big journey next week, which signals that another year is just about wrapped up. In 2024, a robust roster of professionals from across the financial and technology spectrums inked the pages of Fintech.ca, covering wide … READ MORE... about Remembering What Canadian Experts Said About Financial Technology in 2024

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