Canada

California Fintech Firm Plaid Announces Canadian Expansion

Plaid, a California-based fintech firm, announced on Tuesday it is expanding into its first international market, Canada. Founded in 2012, Plaid focuses on enabling innovation and democratizing financial services through technology. The company reported it built consumer experience, developer-friendly infrastructure, and intelligence tools that give users… Read More

VersaPay Announces Global Apparel Manufacturer Signs Agreement to Implement ARC Platform

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Wednesday that a billion dollar, global manufacturer of private label apparel products has signed to implement ARC, Versapay’s proprietary accounts receivable… Read More

Is a Great Blockchain Swindle Afoot?

  Blockchain has been called “The Foundation of the Fourth Industrial Revolution.” Umpteen conferences are now being devoted to explaining it. Hundreds of cottage firms have emerged claiming blockchain expertise. Enterprises, hearing that Bitcoin will compete with their payment or other systems have been spending millions… Read More

Canadian Fintech Mylo Launches Mobile Fundraising Platform “Round Up to Give”

Canada fintech startup, Mylo Financial Technologies (Mylo) announced earlier this week the launch of its mobile fundraising platform, Round Up to Give. The platform, in partnership with CanadaHelps’ online donation platform, is to make it possible for customers to donate spare change directly from their… Read More

Associate VP of Payments Innovation at TD Bank Says AI More “Friendly Technology” Than Blockchain for Now

Milos Dunjic, a cryptographer and Associate Vice President of Payments Innovation at TD Bank, has stated that whereas blockchain “threatens everything built” by banks, AI is “very friendly technology.” * Dunjic made the comments as part of a fintech panel discussion at the Canadian Undergrad… Read More

Peter Warrack Joins Bitfinex as CCO to Help Expand & Fight Fraud

Bitfinex, a digital asset trading platform, has added Peter Warrack, former Director of AML (Fintech Advisory) and Compliance Officer at the Bank of Montreal, to its team as Chief Compliance Officer (CCO). With a reported daily trading volume of more than $1.2 billion USD, Bitfinex is a… Read More

Providing SMEs Access to More Capital: Lending Loop Syncs with Ontario Government

Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government will boost Toronto-based Lending Loop’s… Read More

Fintech Firm Quovo Announces Canadian Expansion With Partial Support By An Investment From Portag3 Ventures

On Tuesday, New York-based fintech Quovo announced it is officially expanding into Canada with partial support by an investment from its partners at Portag3 Ventures. This news comes less than a month after Quovo rolled out new products to improve its lending value chain. While… Read More

Quebec Sanctions “Antivolatility” and “ZZZ” ICOs

The Autorite Des Marches Financiers, regulator of financial markets in Quebec, has sanctioned the operators of two ICOs (Initial Coin Offerings). According to an April 19 press release from the AMF, after an ‘ex parte’ hearing on April 13th, the Administrative Financial Markets Tribunal (TMF):… Read More

Grow Green: Canadian Cannabis Company Green Mountain Health Alliance Seeks $500,000 on Frontfundr

Canada is on a determined path to legalize both medical and recreational use of Cannabis. At some point later this year, across all of the Canadian provinces Cannabis will be legally sold thus increasing legal demand and suppliers are rushing to accommodate expectations of a… Read More

Morgan Stanley to Host Inaugural Canada Technology Startup Day in Montreal

Morgan Stanley (NYSE: MS) announced on Thursday it is set to host its inaugural Canada Technology Start-up Day at its Montreal Technology Centre today. The financial giant reported that the invitation-only event is providing some of Canada’s most promising emerging technology companies with the opportunity for… Read More

U.S. Fintech FinMason Announces Canadian Launch

Boston-based fintech FinMason announced on Friday its Canadian launch with the rolling out of the Canadian dollar version of its investment analytics as a service platform. FinMason reported that the enhancement marks the first step in its international expansion efforts. According to FinMason, the new… Read More

iComply & Cointaxes Partner to Help Canadian Taxpayers Manage their Cryptocurrency Taxes

iComply Investor Services has announced a new strategic partnership with Cointaxes, a platform for Canadian taxpayers to help manage their tax liability for crypto. The software has been available for US citizens for some time (tax day was April 15 in the States) but now… Read More

Max Keiser and Stacy Herbert Espouse the Global Urgency of Bitcoin

Soft spoken computer scientist Adam Back, one of the most important figures in the technical history of Bitcoin, had a hard act to follow after Max Keiser and Stacy Herbert burned down the stage presenting their gleeful and anarchic brand of Bitcoin-boosting. “The era of… Read More

National Bank of Canada & JPMorgan Test Out Blockchain Technology with NBC Debt Issuance in U.S. Financial Markets

National Bank of Canada (NBC) announced on Friday, with the support of J.P. Morgan, it issued a $150 million one-year floating-rate Yankee certificate of deposit, with a parallel simulation of the issuance using blockchain technology. According to the banking group, this blockchain test involved the parties… Read More

Trezor Wallet’s Alena Vranova: How to Truly Disrupt a Tech Market

  Before Alena Vranova became one of Bitcoin’s early entrepreneurs in 2013, this cofounder of Satoshi Labs and Trezor Hardware Wallets spent ten years innovating in the insurance industry in her native Czech Republic. There, she learned her first lesson in industry disruption: “Don’t listen to people… Read More

Tone Vays Describes ‘Inevitable ICO Bubble’ at Blockchain Economic Event, Toronto

Well-known “Bitcoin Maximalist” and despiser of ICO’s (Initial Coin Offerings) Tone Vays has lately been so deluged with idiotic requests to advise on ICO’s that he has updated his LinkedIn profile to the following: “I am NOT interested in your ICO/Token Sale. Please send all requests… Read More

Flipping Crypto Cats: “DapperKittie” Reports 462 Ether Profit Trading CryptoKittie Founder Cats

A CryptoKittie trader has made $210,000 trading digital cartoon cats in collector markets, reports Kevin Pan at tokendaily.co. The trader, known as “DapperKittie,” bought his or her first Bitcoin in 2012 for $20, and by 2017, was familiar enough with crypto to make strong early… Read More

CAN Capital Welcomes Tom Davidson as New CFO

CAN Capital, a tech-driven small business specialty finance company, has hired Tom Davidson as its new Chief Financial Officer. Davidson brings 25 years of financial services experience to the company, including deep expertise in capital markets, securitization, treasury, investor relations and risk management. “I couldn’t be more… Read More

Goldman Sachs VP Latest Defector to Crypto

Press tracking events in crypto have been reporting on talent migrating from traditional tech and finance into blockchain and crypto for some time now. The latest news concerns an announcement that Richard Kim, formerly VP London at Goldman Sachs, is now CEO at Mike Novogratz’s new… Read More