Canada

December 19, 2022 @ 8:02 pm By Omar Faridi  |  

Blockchain Intelligence Group, a key player focused on blockchain investigations, owned by BIGG Digital Assets, Inc. (CSE: BIGG), announced the availability of the Cardano and Stacks blockchains on its platform, which “provides crypto firms, law enforcement, banks and government intelligence and security for cryptocurrency transactions.”… Read More

December 12, 2022 @ 4:06 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) says they are “strengthening their approach” to crypto exchanges providing services in Canada following recent events. The CSA is alluding to the bankruptcy of FTX and all of the other failures and crypto firms that have been impacted by the… Read More

December 9, 2022 @ 11:56 am By JD Alois  |  

DealMaker, a broker-dealer and online capital formation specialist, has signed an agreement to power PicMii’s crowdfunding platform. PicMii is a FINRA-regulated funding portal offering securities under Reg CF. PicMii is a Pennsylvania-based firm that was approved as a funding portal in 2020. The company focuses… Read More

December 6, 2022 @ 4:29 pm By JD Alois  |  

Issuance, a platform that specializes in aiding issuers raising capital under Reg A+, has announced its expansion into Canada. According to a company statement, Issuance is now an “endorsed service-provider partner” of the Canadian Securities Exchange (CSE). The arrangement allows Issuance to offer preferred rates… Read More

December 1, 2022 @ 5:19 pm By JD Alois  |  

According to multiple reports, Coinsquare, a top Canadian crypto exchange, was the target of a hack where customer information was taken, but no passwords or funds were stolen. Coinsquare is Canada’s first IIROC-regulated crypto marketplace. On November 19th, Coinsquare said they witnessed “unusual activity” on… Read More

November 30, 2022 @ 7:45 pm By Omar Faridi  |  

Payment service provider Clik2pay is announcing a collaboration with Inovatec, North America’s leader in lending process automation. This collaboration will “make it possible for Inovatec’s clients to request payment from customers using Clik2pay’s direct-from-account payment platform.” This is done safely and securely “using Interac e-Transfer,… Read More

November 22, 2022 @ 10:57 pm By Omar Faridi  |  

Propel Holdings Inc. (TSX: PRL), a Fintech company dedicated to credit inclusion, announced that it has entered the Canadian market with its new brand, Fora CreditTM (Fora) – “a convenient online credit solution for underserved Canadian consumers.” Nearly 25 per cent of Canadians “are either… Read More

November 21, 2022 @ 11:20 am By JD Alois  |  

The Canadian Securities Administrators (CSA) has issued a warning on trading crypto assets as they may not be suitable for some investors, “in particular retail investors.” The CSA noted that crypto tends to be a highly volatile asset. The CSA also cautioned that there are… Read More

November 16, 2022 @ 11:47 am By Omar Faridi  |  

RBC Capital Markets announced the launch of Aiden Arrival, the second algorithm on the firm’s AI-based electronic trading platform. Aiden Arrival builds on the success of the Aiden platform’s first solution, “a volume-weighted average price (VWAP) algorithm, aims to reduce arrival price slippage and offer… Read More

November 10, 2022 @ 4:15 pm By Omar Faridi  |  

Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s data-driven fintech and e-commerce ecosystem, announced the establishment of a strategic cryptocurrency payment partnership with Canada-based CoinSmart Financial Inc, a Toronto-headquartered crypto asset trading platform. Under this paradigm-shifting collaboration, SmartPay by CoinSmart “provides transaction settlement services in… Read More

November 8, 2022 @ 11:27 pm By Omar Faridi  |  

TMX Group Limited (TSX:X) announced that it has agreed to acquire Boston-based Wall Street Horizon, Inc. (WSH), a provider of global market-moving action and global corporate event data. Jay Rajarathinam, Chief Operating Officer, TMX Group, said: “TMX Group is committed to serving the evolving needs… Read More

November 4, 2022 @ 9:34 am By JD Alois  |  

Simetria Trading Solutions and Finhaven Technology, operator of FinhavenTM Private Markets, have announced a new liquidity partnership, according to a company statement. Simetria is an Israel-based Fintech utilizing blockchain technology to boost efficiency for secondary trading. Simetria is the only Fintech in Israel to have… Read More

November 3, 2022 @ 10:02 am By Omar Faridi  |  

TouchBistro, a restaurant management platform transforming the restaurant category, announced the completion of CAD$150 million in growth financing from Francisco Partners, a  global investment firm that specializes in partnering with technology businesses. The funds will be used by TouchBistro “to accelerate the company’s growth initiatives,… Read More

October 20, 2022 @ 10:02 am By JD Alois  |  

Rebecca Kacaba, co-founder and CEO of DealMaker, has been recognized by WXN as one of Canada’s most powerful women. WXN is a North American network that advocates on behalf of professional women. According to the post on WXN: “Rebecca Kacaba is [the] winner of Lexpert’s… Read More

October 19, 2022 @ 11:06 pm By Omar Faridi  |  

Visa (NYSE: V) has announced new collaborations across the payment ecosystem, “to bring Installments enabled by Visa to more eligible credit cardholders.” With Installments enabled by Visa, consumers have the option “to convert qualifying purchases into smaller, predictable installment payments made over a defined period… Read More

October 18, 2022 @ 7:01 pm By JD Alois  |  

Perch, a Canadian mortgage Fintech, has raised $4 million in Series A funding, according to a release. Perch raised $1 million in seed funding last October. Investors in the new round include Second Century Ventures (National Association of Realtors), Ontario Centre of Innovation, and B.E.S.T…. Read More

October 18, 2022 @ 11:33 am By JD Alois  |  

Web3 infrastructure provider ChainSafe Systems has raised USD $18.75 million in a Series A funding round that was reportedly oversubscribed. According to a release, the funding was led byRound13 with participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare, and returning investors ConsenSys, Digital… Read More

October 17, 2022 @ 12:32 pm By JD Alois  |  

Assurely, a unique Insurtech company that provides services around securities crowdfunding offerings, has partnered with DealMaker to provide coverage via the platform. DealMaker has emerged as a top securities crowdfunding accelerator and broker-dealer powering online capital formation. According to a company statement, Assurely will be… Read More

October 7, 2022 @ 5:49 pm By Omar Faridi  |  

Visa Canada and TD Securities announced an innovative collaboration as TD becomes the first Canadian financial institution “to join Visa B2B Connect, a cross-border business-to-business (B2B) payments network, enabling account to account, international payments quickly, securely, and with predictability.” According to Visa (NYSE: V) research,… Read More

October 6, 2022 @ 6:43 pm By Omar Faridi  |  

RBC announced it has acquired MDBilling.ca, a cloud-based platform that automates and simplifies medical billing for Canadian physicians. The company joins Dr.Bill at RBC, another medical billing company “acquired by the bank in 2020.” Founded in 2008, Toronto-based MDBilling.ca’s product offering is “rooted in its… Read More