Canada

December 19, 2023 @ 3:22 pm By Omar Faridi  |  

Xero, the global small business platform, today announced it is partnering with Flinks, a key player focused on open banking, to give small businesses in Canada and the United States secure access to more than 20 direct bank connections and high quality transaction data. The… Read More

December 19, 2023 @ 2:25 pm By Omar Faridi  |  

TD Bank Group and Plaid announced that they have entered into a North American data-access agreement that will enable TD customers in Canada and the U.S. to more securely connect to and “share financial data with Plaid’s data network of over 8,000 + apps and… Read More

December 16, 2023 @ 8:48 am By Tony Zerucha  |  

An industry watcher believes Canada’s pragmatic approach to DeFi regulation could position it well in the future. Canadian Aaron Unterman is the managing director of Xreg Consulting. Unterman said Canada’s approach to cryptocurrency regulation has been to apply its existing capital markets framework to crypto… Read More

December 10, 2023 @ 7:04 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero is pleased to announce that it has initiated a strategy to source partners to integrate and apply Artificial Intelligence (AI) and Machine Learning (ML) training… Read More

December 5, 2023 @ 6:22 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces today that it has partnered with Microsoft in order “to deliver leading payment experiences for customers of its products, solutions, and services across many of its key markets.” Microsoft will start using Nuvei’s customizable and agile… Read More

November 30, 2023 @ 12:08 pm By JD Alois  |  

Recently, CI received a note from DealMaker indicating that several of their issuers have been recognized by Time magazine as the Best Inventions of 2023. DealMaker is a tech-enabled broker-dealer helping firms to raise capital online utilizing various securities exemptions. This is certainly not the… Read More

November 27, 2023 @ 7:39 am By Omar Faridi  |  

With the ongoing threat of crypto fraud and criminals growing more sophisticated every day, organizations need ever-powerful solutions “to help them investigate and recover stolen funds.” KPMG in Canada and Chainalysis are teaming up “to help meet that growing need by announcing a strategic agreement… Read More

November 24, 2023 @ 5:46 pm By Omar Faridi  |  

MPOWER Financing, a mission-driven fintech firm and the leading provider of non-cosigned loans to promising students from around the world, recently announced that it has closed on debt financing that “has propelled the firm’s overall lending capacity to over $300 million.” Active funding includes commitments… Read More

November 24, 2023 @ 12:03 pm By JD Alois  |  

DealMaker CEO and co-founder Rebecca Kacaba has been recognized as the Most Admired CEO of 2023. Kacaba called the acknowledgment an “absolute honor.” DealMaker is an online capital formation platform based in Canada but provides services in the US as well. The company works with… Read More

November 22, 2023 @ 7:55 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins as well as Netcoins USA (Netcoins.com), the online crypto trading platform that makes it easy for North Americans to buy, sell, and stake cryptocurrency, is pleased to “update investors on its recent trading and platform performance… Read More

November 21, 2023 @ 7:51 pm By Omar Faridi  |  

Cross-border payments are financial transactions where the accounts of the payor and payee are based in different countries, the Payments Canada team explains. Cross-border payments are typically “more complex than domestic payments as they involve different national legal and regulatory frameworks, more than one currency,… Read More

November 13, 2023 @ 9:25 am By JD Alois  |  

TD Securities, part of TD Bank Group, has hired Paxos to provide settlement for commodities, according to a corporate statement. Paxos is a top digital asset firm that pursued a compliance-first approach which has led it to ink partnerships with multiple large enterprises. TD, based… Read More

November 8, 2023 @ 3:08 pm By JD Alois  |  

DealMaker, a tech-enhanced broker-dealer providing online capital formation services, has been recognized by Deloitte as a top company to watch. DealMaker has already made a notable list published by the Globe and Mail as one of the fastest-growing companies in Canada – its home country…. Read More

November 6, 2023 @ 6:26 pm By JD Alois  |  

DealMaker, one of the fastest-growing companies based in Canada, has hired a Chief Financial Officer. According to a statement from the firm, Mike Rasic has spent the last 35 years working in regulated industries, including with Fintechs. DealMaker says that Rasic specializes in mid-stage firms… Read More

November 2, 2023 @ 3:09 pm By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to announce a significant milestone in Blockchain Intelligence Group’s growth and global expansion strategy. Blockchain Intelligence Group has signed 1… Read More

October 31, 2023 @ 12:41 pm By JD Alois  |  

As part of a broader warning, the Canadian Securities Administrators (CSA) has cautioned investors to only buy digital assets, or crypto, via registered crypto trading platforms or “CTPs”. Canada has instituted a registration regime for crypto exchanges to provide a level of diligence and security… Read More

October 29, 2023 @ 5:54 pm By Omar Faridi  |  

CenterPoint, the active trading division of New York-based independent prime broker Clear Street LLC, announced that its products and services are available in Canada through Clear Street Canada Inc. CenterPoint’s products, services, and partnerships “include advanced routing and execution, real-time access to market data feeds,… Read More

October 22, 2023 @ 3:15 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces that it has been selected by Curve, the financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from… Read More

October 18, 2023 @ 1:05 pm By JD Alois  |  

Uplinq Financial Technologies is partnering with EY Canada to provide “fair and ethical credit” to SMEs via its credit decisioning platform. Mario Schlener, Partner and EY’s Lead Risk Consulting for Canada and Global FS Risk Technology, Alliance, Innovation, said the partnership with provide small business… Read More

October 17, 2023 @ 3:32 pm By JD Alois  |  

Hiive, a secondary market for private securities, has raised venture funding, setting a post-money valuation of $77 million on the Canadian startup. The company reportedly raised USD $4.2 million in a SAFE. Hiive was founded in 2021. Hive stated: “We are pleased to announce that… Read More