Canada

Webull Canada Gains Regulatory Approval to Launch Crypto Trading

Webull Canada is preparing to introduce cryptocurrency trading for its clients after receiving approval from the Canadian Investment Regulatory Organization (CIRO). The announcement, made on June 30, 2026, marks a significant expansion for the online investment platform and its subsidiary, Webull Canada Crypto. The move… Read More

Entrepreneurship in Canada is in Decline, Meanwhile Public Sector Employment and Non-Profit Employment is on the Rise

Canada used to be a country that punched above its weight in business creation and entrepreneurship, but in recent years, this quality has declined. Even more worrying, more jobs are being created in the public sector and by non-profits/NGOs, thereby crowding out private-sector development. A… Read More

Digital Asset’s $355M Among This Week’s Fintech Raises

The checkbooks were opened this week as several fintechs announced impressive raises. Canton Creator Digital Asset Raises $355M Andreesen Horowitz’s crypto fund, a16z crypto, led a $355 million funding round for Digital Asset, the creator of Canton, this week. Additional participants included 7RIDGE, ABN Amro,… Read More

Scotiabank Bank Acquires Maple Financial, Takes Control of MapleMark Bank

Toronto-based Scotiabank has agreed to acquire Maple Financial Holdings, the parent company of US commercial lender MapleMark Bank, for an undisclosed amount. The acquisition comes as Scotiabank aims to strengthen its global banking and markets business and expand its deposit capabilities in the US, according… Read More

Robinhood Closes on WonderFi Acquisition, Expands Into Canada

Robinhood  (NASDAQ: HOOD) announced the acquisition of WonderFi (TSX: WNDR, OTCQB: WONDF) in 2025, and today that deal has closed, marking an expansion into the Canadian market. This is emblematic of Robinhood’s global expansion strategy. Robinhood paid about USD $180 million for the platform in an… Read More

Payments Canada Report Highlights Progress in Improving Payment Infrastructure

Payments Canada has recently released its latest Annual Report, detailing considerable progress in strengthening the nation’s payment infrastructure. The organization, responsible for operating key clearing and settlement systems, continues to focus on making transactions easier, smarter, and safer amid rapid digital evolution and economic demands…. Read More

Canada Experiences Whopping $1 Trillion in Capital Outflow Since 2015: Report

In a report entitled “Capital Gains: How Canada can unlock the $1.8 trillion it needs for growth,” RBC shares a demoralizing figure: around $1 trillion in capital outflows have occurred from 2015 to 2024. The report states that for every dollar of foreign direct investment… Read More

Visa Rolls Out Agentic Ready Initiative Across Canada and Malaysia

Visa (NYSE: V) has rolled out its Agentic Ready initiative to issuers in Canada and Malaysia, marking another step in its global push to ready the payments industry for a future shaped by artificial intelligence. This program equips banks and partners with a secure testing… Read More

Global Fintech Wise Introduces Multi-Currency Interest for Accounts in Canada

Wise (LON:WISE) has rolled out a new Interest feature for its customers in Canada, marking the first time a provider in the country has allowed users to earn competitive returns on balances held in multiple currencies—all within a single, unified multi-currency account. The cross-border payments… Read More

Royal Bank of Canada and BMO in Advanced Talks to Sell Moneris to Verifone Owner Francisco Partners

Canada’s largest banks are advancing negotiations to offload their long-standing payments processing partnership. The Royal Bank of Canada and the Bank of Montreal are reportedly engaged in advanced discussions to transfer ownership of their jointly held enterprise, Moneris, to the U.S. private equity firm Francisco… Read More

Canada Plans to Ban Crypto ATMs Amid Escalating Fraud Concerns

The Canadian federal government has unveiled plans to outlaw cryptocurrency automated teller machines (ATMs) nationwide. The announcement, embedded in the Spring Economic Update 2026 released on April 28, positions the ban as a direct response to the machines’ increasing exploitation by scammers and money launderers…. Read More

Canada: Tech Firms Raise $1.5 Billion in Q1 2026, Down 8% Year Over Year

A recent report highlights private funding for Canadian tech firms, noting that $1.5 billion was raised in Q1 2026, down 8% from Q1 2025. At the same time, Q1 numbers were an increase of 10% versus Q4 2025. The report by Tracxn said that Canada… Read More

UK’s FCA, Australia’s ASIC, Canada’s OSC, Other Regulators Launch Crackdown on Finfluencers

Financial authorities from the United Kingdom, Australia, and Canada have joined forces with their international peers for a dedicated “week of action.” The campaign brought together leading oversight bodies to tackle challenges posed by financial influencers—often called finfluencers—who promote investment products and advice on social… Read More

NordVPN: Canadian Digital Financial Data Among World’s Cheapest

A new interactive tool from NordVPN lets users calculate the value of their digital identities. And if you’re Canadian, it ain’t much. Working in collaboration with the threat exposure management platform NordStellar, NordVPN analyzed almost 75,000 dark web marketplace listings and found that Canadians’ personal… Read More

Payments Canada Strengthens Fraud Prevention Defenses and Broadens Membership Base

Payments Canada continues to advance its mission of delivering secure, innovative, and inclusive national payment systems with two notable recent developments. In a move designed to fortify the country’s financial infrastructure against rising threats, the organization has appointed Patrick Boudreau as Vice-President of Fraud and… Read More

Payments Canada Provides Updates on Real-Time Payment Adoption Trends

Payments Canada reports that it is making significant progress with its Real-Time Rail (RTR) initiative, positioning Canada for a modern payments landscape where instant transactions become the norm. In its latest quarterly update for Q2 2026, the organization highlighted significant strides in expanding the ecosystem… Read More

Social Media Platform X Introduces “Cashtags,” Pilots Integration with Canadian Brokerage WealthSimple

X, formerly known as Twitter, has introduced “Cashtags,” which associates a ticker (e.g., $AAPL or $BTC) with additional data, such as trading information. At the same time, X revealed a partnership with Canadian brokerage WealthSimple. WealthSimple clarified the process: “The Smart Cashtags feature allows investors who… Read More

Canada Moves Forward with Stablecoin Regulatory Framework

With the recent Royal Assent of Bill C-15, Canada is now said to be moving forward on a proper framework for stablecoins. The nation’s Department of Finance has started the development of applicable regulations to support safe, reliable digital payment options for Canadian consumers. As… Read More

CPPO: Canadians Are Avid Multi-Bankers

New research from the CPPO, the nonprofit organization fueling the growth of the $14 billion open-loop prepaid economy, shows Canadians are expanding how they manage, move, and grow their money by combining traditional and digital-first providers that better align with their lifestyles. The shift reflects… Read More

Uniblock Raises $5.2M For Blockchain Infrastructure

Uniblock, the managed infrastructure layer for blockchain applications, has raised $5.2 million in funding, bringing its total raise to $7.5 million. Participants include investors across the US, Japan, India, Singapore, and the Solana ecosystem, including SBI, AllianceDAO, CoinSwitch, Blockchain Founders Fund, Hustle Fund, AAF Management,… Read More

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