March 15, 2025 @ 3:59 pm By Tony Zerucha  |  

Concerns about fraud are escalating among Canadians, with a new Equifax Canada survey revealing that 89% believe companies must do more to protect personal data. Seniors and Quebec residents are particularly worried, demanding stronger fraud prevention measures and broader fraud education. Key findings 55% believe… Read More

March 15, 2025 @ 3:58 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) has unveiled its Capital Strategy 2.0—which is described as an evolution of its approach to securing the capital necessary to fuel its growth. Rooted in a Silicon Valley mindset, this latest strategy unveiled by Affirm reportedly aims to forge stronger connections between… Read More

March 15, 2025 @ 3:57 pm By Omar Faridi  |  

In an era of information overload, Payments Canada says it is taking a stand against misinformation and fraud, as highlighted by Victoria McMullen, Director of Marketing and Communications, in a thoughtful reflection on The 2024 SUMMIT panel discussion. Informative insights from the session—featuring professionals such… Read More

March 15, 2025 @ 3:56 pm By Omar Faridi  |  

RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More

March 15, 2025 @ 3:55 pm By Omar Faridi  |  

Crypto.com announced it has been issued a limited license by Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivatives in the UAE. This issuance now reportedly extends the provisions of Crypto.com’s existing VASP license to operate in the region. With this limited license, Crypto.com’s regional… Read More

March 15, 2025 @ 3:54 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, an asset manager with $250 billion+ in assets under management. This move reportedly marks SoFi’s “largest” Loan Platform Business agreement… Read More

March 15, 2025 @ 3:52 pm By Michael Wong  |  

Swedish digital payment firm Klarna has filed for an initial public offering (IPO) in the United States, seeking to raise at least $1 billion in a listing that could value the company at more than $15 billion, Bloomberg News reported. The Stockholm-founded firm confidentially filed for… Read More

March 15, 2025 @ 3:50 pm By Omar Faridi  |  

Shine, a France-based fintech doing business under the Ageras division, is enhancing financial services for small businesses and self-employed workers across Europe. The Fintech has teamed up with Regtech Fourthline to streamline operations. Focused on delivering accounting software, business banking, and administrative tools, Shine has… Read More

March 15, 2025 @ 3:50 pm By Michael Wong  |  

Disputed.ai, an artificial intelligence-driven chargeback management platform for enterprise merchants, has raised $1.12 million in seed funding to expand its automated dispute resolution technology. The funding will support the company’s efforts to refine its AI-driven platform and scale operations as it targets industries with high… Read More

March 15, 2025 @ 3:48 pm By Omar Faridi  |  

Canada’s Fintech ecosystem stands at a critical juncture, teetering somewhere between immense potential and possible stagnation. A recent interview by the Toronto Star with EQ Bank CEO Andrew Moor underscores a somewhat harsh reality: while global economic challenges like North America’s tariff and trade war… Read More

March 14, 2025 @ 6:29 pm By Omar Faridi  |  

Arch, a digital alternatives management platform modernizing workflows, data standardization, and portfolio insights across private equity, hedge funds, venture capital, real estate, and other alternative investments, announced a partnership with RSM US LLP, the provider of assurance, tax and consulting services for middle-market companies. This… Read More

March 14, 2025 @ 6:25 pm By Omar Faridi  |  

Real-world asset (RWA) tokenization represents a significant step forward in the evolution of financial markets, “bridging the gap between traditional finance and the world of digital assets.” This, according to an update from Coin Metrics. Coin Metrics notes in its report that “while blockchains and… Read More

March 14, 2025 @ 5:25 pm By Omar Faridi  |  

In the fast-evolving yet still nascent ecosystem of web3 and cryptocurrency, stablecoins— virtual currencies pegged to stable assets like the U.S. dollar—have emerged as a cornerstone of the digital finance ecosystem, with a market value reaching $227 billion+ at the time of writing. However, their… Read More

March 14, 2025 @ 5:23 pm By Omar Faridi  |  

Bolivia finds itself dealing with a severe economic crisis, marked by a drastic shortage of U.S. dollars and declining foreign currency reserves. This situation is somewhat similar to what nearby nations are dealing with as well, particularly Venezuela and El Salvador. Moreover, the broader LatAm,… Read More

March 14, 2025 @ 5:10 pm By JD Alois  |  

Artificial intelligence or AI is the new hotness as everyone rushes to get a piece of the action. While more and more firms are leveraging the technology, AI remains in its infancy, with predictions of greatness still largely unrealized. This is not the only time… Read More

March 14, 2025 @ 4:47 pm By Omar Faridi  |  

Fasanara Digital, which is reportedly the $275M AuM crypto division of alternative credit specialist Fasanara Capital ($4.5B AuM) has launched a multi-strategy platform, which went live on Saturday 1 March with “an initial $36m under management. ” The Managed Account Platform (MAP) is currently allocated “across… Read More

March 14, 2025 @ 3:27 pm By Omar Faridi  |  

MoonPay is pleased to announce our strategic acquisition of Iron, which is described as an API-first stablecoin infrastructure platform. The acquisition is said to significantly expand their product and business offerings, enabling companies to: manage multi-currency treasuries facilitate instant cross-border payments generate new revenue through… Read More

March 14, 2025 @ 3:26 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, banking solutions, announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending… Read More

March 14, 2025 @ 2:18 pm By Omar Faridi  |  

The mortgage industry, traditionally burdening professionals with excessive paperwork, outdated manual processes, and sometimes error-prone human decision-making, is undergoing a major transformation due the emergence of advanced AI algorithms and other innovative technologies. Artificial Intelligence (AI) is emerging as a useful tool, aiming to streamline… Read More