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Toronto’s Parachute Raises More Capital to Help Canadians Make Better Financial Decisions

Founded in Toronto in 2022 by Mark Levitan and Bruce Hodges, Parachute offers loans online and helps consumers improve their financial wellness through debt management, financial literacy education, and other digital tools. … READ MORE... about Toronto’s Parachute Raises More Capital to Help Canadians Make Better Financial Decisions

Six Canadian Innovators Make Annual List of World’s Most Promising Fintechs

Several Canadian companies made the latest edition of The Fintech 100, an annual list of the world's most promising innovators in the financial technology space. … READ MORE... about Six Canadian Innovators Make Annual List of World’s Most Promising Fintechs

Wealthsimple Launches Exclusive Rewards Program for High-Value Clients, Partnering with Top Lifestyle Brands

Wealthsimple has launched an exclusive rewards program for its Premium and Generation clients. This new program, targeted at clients with assets over $200,000, features partnerships with prominent lifestyle brands across travel, wellness, and culture. … READ MORE... about Wealthsimple Launches Exclusive Rewards Program for High-Value Clients, Partnering with Top Lifestyle Brands

Toronto’s Mave Raises $2 Million to Revolutionize Real Estate with AI Assistant

Toronto-based proptech startup Mave has raised $2 million in pre-seed funding and launched its beta program to help real estate agents and brokers streamline their work with an AI assistant. … READ MORE... about Toronto’s Mave Raises $2 Million to Revolutionize Real Estate with AI Assistant

Small Businesses in Canada are Grappling with ‘Significant Challenges,’ Finds Financial Report from Float

Small and medium businesses in Canada are grappling with "significant financial and operational challenges," finds a recent survey. … READ MORE... about Small Businesses in Canada are Grappling with ‘Significant Challenges,’ Finds Financial Report from Float

Coinbase and CFL Kick Off a New Chapter in Crypto Sponsorship

Coinbase has been named the Official Crypto Partner of both the Canadian Football League (CFL) and the 111th Grey Cup. … READ MORE... about Coinbase and CFL Kick Off a New Chapter in Crypto Sponsorship

Financeit Taps Goldman Sachs to Help Support Company’s ‘Rapidly Growing’ Loan Portfolio

Financeit announced this week that it has added Goldman Sachs to its Securitization Warehouse, increasing its capacity by $200 million to a total of $700 million. … READ MORE... about Financeit Taps Goldman Sachs to Help Support Company’s ‘Rapidly Growing’ Loan Portfolio

Vancouver’s MyFO Garners Investment to Modernize Wealth Management for Family Offices

MyFO has received investment through Rhino Ventures, the Vancouver companies recently announced. Family offices and ultra-high-net-worth individuals manage trillions of dollars—more than the entire hedge fund industry. The number of family offices has … READ MORE... about Vancouver’s MyFO Garners Investment to Modernize Wealth Management for Family Offices

Coinbase Continues to Expand in the North as Crypto Giant Bolsters Canadian Presence

After a year in the US, Coinbase's "Stand with Crypto" campaign recently expanded north to Canada's five million coin holders. … READ MORE... about Coinbase Continues to Expand in the North as Crypto Giant Bolsters Canadian Presence

Plooto Names John McLane as New CEO, Aims to Expand Payment Automation for SMBs

Toronto-based Plooto, a leader in payment automation solutions for small and medium-sized businesses (SMBs) and accounting firms, has appointed John McLane as its new Chief Executive Officer. … READ MORE... about Plooto Names John McLane as New CEO, Aims to Expand Payment Automation for SMBs