Canada

February 10, 2025 @ 1:10 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a tech company for blockchain and high-performance computing, announced the close of the acquisition of a “fully” licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in “an all-cash… Read More

February 8, 2025 @ 12:52 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

February 8, 2025 @ 10:49 am By Omar Faridi  |  

A five-count criminal indictment was unsealed in federal court in New York charging a Canadian man with “exploiting vulnerabilities” in decentralized finance protocols to “fraudulently obtain about $65 million from the protocols’ investors.” According to court documents, from 2021 to 2023, Andean Medjedovic, 22, allegedly… Read More

February 6, 2025 @ 11:13 am By Omar Faridi  |  

BMO, in partnership with FISPAN, announced the launch of BMO Sync, a solution that integrates BMO Online Banking for Business services into Enterprise Resource Planning (ERP) and accounting systems such as QuickBooks Online, Sage Intacct, and other leading ERPs. This solution enables Online Banking for… Read More

February 2, 2025 @ 6:31 pm By Omar Faridi  |  

Purpose Investments Inc., the firm behind the world’s “first” Bitcoin ETF and Ether ETFs, says it is further solidifying its presence in the digital asset space with the filing of a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple… Read More

February 2, 2025 @ 5:35 pm By Omar Faridi  |  

Jude Pinto, Chief Delivery Officer at Payments Canada, provides a quarterly update on the Real-Time Rail (RTR), sharing the program’s progress to date and future direction over the coming 3 months. Since their update in Q4 2024, Payments Canada and their delivery partners, CGI, IBM… Read More

January 28, 2025 @ 10:32 pm By Omar Faridi  |  

Nuvei Corporation, the Canadian fintech company, announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities… Read More

January 19, 2025 @ 10:14 am By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More

January 16, 2025 @ 7:02 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canada’s technology workforce. Through 715,000 CAD, the collab will establish the Mastercard Professorship Fund and the Mastercard Vancouver Scholarship, initiatives designed to advance research and create “opportunities for women, BIPOC… Read More

January 14, 2025 @ 9:52 pm By Omar Faridi  |  

Float Financial, a business finance platform for Canadian businesses, announced it has signed a CAD $70 million Series B financing round, which brings its total funds raised in the last 12 months to $120 million. The latest investment round is led by Growth Equity at… Read More

January 14, 2025 @ 4:45 pm By Omar Faridi  |  

Cboe Canada Inc. welcomes BlackRock Asset Management Canada Limited for the launch of their latest ETF, the iShares Bitcoin ETF. The iShares ETF now trades on Cboe Canada under “the symbol IBIT, with U.S. dollar denominated units trading under the symbol IBIT.U.” The iShares Bitcoin… Read More

January 14, 2025 @ 7:45 am By Omar Faridi  |  

Transcard, a global firm focused on payments technology, is pleased to announce its expansion into the Canadian market. Transcard has reportedly launched its first Canadian customer, Xodus Travel Services, leveraging the SMART Suite for payment orchestration and “adopting an enhanced digital payment experience.” Transcard’s embedded… Read More

January 11, 2025 @ 11:22 am By Omar Faridi  |  

Spring Financial, a Canadian financial technology company simplifying the lending process for everyday Canadians, announces the launch of Bloom, an AI-driven financial concierge mobile app for everyday Canadians. Bloom redefines financial management by harnessing Artificial Intelligence to make banking, spending and “budgeting completely transparent and… Read More

January 8, 2025 @ 9:59 pm By Omar Faridi  |  

Sol Strategies Inc., a Canadian holding company that invests in the Solana blockchain and ecosystem, announced that it has drawn from its amended credit facility agreement dated January 6, 2025 with Antanas Guoga, the company’s Chairman and Director. The agreement, which amended and restated the… Read More

January 8, 2025 @ 7:58 pm By Omar Faridi  |  

Alchemy Pay, the crypto solutions provider, is pleased to announce that its entity, Alchemy Pay Ltd. has successfully registered as a Money Services Business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This achievement, along with the recent acquisition of 4… Read More

December 28, 2024 @ 11:31 am By Michael Wong  |  

Vancouver-based bookkeeping service Bench Accounting has announced its sudden closure, potentially putting hundreds of staff out of work. The company, once billed as North America’s largest small-business bookkeeping service, posted a “notice of closure” on Friday stating the platform is “no longer accessible.” Bench acknowledges… Read More

December 26, 2024 @ 7:44 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the expansion of its equity research offering with the addition of Healthcare, initially focused on the biotechnology sector. The expanded research offering complements Clear Street’s prime brokerage and clearing… Read More

December 24, 2024 @ 5:27 pm By Omar Faridi  |  

Crypto.com, which claims to be trusted by more than 100 million customers worldwide and the industry participant focused on regulatory compliance, security and privacy, has officially announced the launch of its U.S. trust company – Crypto.com Custody Trust Company. By receiving a trust company charter,… Read More

December 22, 2024 @ 12:56 pm By Omar Faridi  |  

Independent Advisor Solutions Inc. —a wholly owned subsidiary of Wellington-Altus Financial Inc. —is pleased to announce a retail partnership with Apollo (NYSE: APO), a provider of alternative assets and retirement solutions. This latest collab aims to reinforce Independent Advisor Solutions’ dedication to forming deep relationships… Read More

December 18, 2024 @ 9:25 am By Tony Zerucha  |  

Loyalty programs, while less discussed than other areas of Fintech, are one of the most interesting sectors that deliver daily consumer value. One of the main innovators is Engage People, which has enabled the redemption of more than 1.4 billion points thanks to partnerships with… Read More