Canada

January 26, 2022 @ 10:06 am By JD Alois  |  

Canadian crypto exchange CoinSmart (NEO: SMRT; FSE:IIR) has announced a “long-term national sponsorship agreement with the Canadian Hockey League (CHL).” CoinSmart will become the CHL’s Official Crypto Trading Partner across its three-member leagues, the OHL, WHL, and the QMJHL. The CHL is the world’s largest… Read More

January 13, 2022 @ 7:47 pm By Omar Faridi  |  

Tier1 Financial Solutions, a provider of capital markets and investment banking client relationship management solutions, and AML compliance and fraud prevention solutions, has appointed Megan Howe as MD, North America Sales. Howe will be responsible for “driving compliance software and buy-side CRM sales in North… Read More

January 13, 2022 @ 7:09 pm By Tony Zerucha  |  

FundThrough, an invoice payment fintech platform, this week announced the acquisition of BlueVine’s invoice factoring business. The company said the acquisition fast tracks the company’s strategic focus on embedded finance and its expansion efforts in the U.S. market, doubling the number of U.S. clients that… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

January 7, 2022 @ 3:15 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

January 6, 2022 @ 6:42 pm By JD Alois  |  

CoinSmart (NEO: SMRT) (FSE: IIR), one of the first approved crypto exchanges in Canada, says revenue hit a record amount of $1.94 million in November. CoinSmart Financial Inc., a publicly-traded firm, said preliminary unaudited monthly revenue in November 2021 represents a 7% increase compared to… Read More

January 5, 2022 @ 9:39 am By JD Alois  |  

INX Limited (INX ATS: INX) has acquired Tokensoft Transfer Agent LLC, an SEC-registered transfer agent owned by Tokensoft Inc. The terms of the deal were not disclosed. INX Limited is a digital asset trading platform that aims to bridge crypto and traditional assets. The regulatory-compliant… Read More

December 31, 2021 @ 3:37 pm By JD Alois  |  

CoinSmart Financial Inc., one of the first digital asset trading platforms to be registered as a restricted dealer under securities laws across Canada, has shared some perspective on the Binance Canada predicament. Earlier today, it was reported that Binance Canada had been registered as a… Read More

December 31, 2021 @ 12:07 pm By JD Alois  |  

Binance Canada, or Binance Canada Capital Markets, Inc., has been registered as a Money Service Business (MSB), The Calgary-based operation is registered to provide foreign exchange dealing, money transferring, and dealing in “virtual currencies.” The registration is good until December 2024. As shared with CI,… Read More

December 23, 2021 @ 3:43 pm By JD Alois  |  

Liquid Meta, a DeFi firm, has listed its shares on the NEO Exchange under ticker LIQD. Liquid Meta’s market cap is currently around CDN 46 million. NEO Exchange is a tier 1 stock exchange operating in Canada. Its mission is to serve the innovation sector… Read More

December 22, 2021 @ 9:35 am By JD Alois  |  

DeFi incubator Dispersion Holdings plc (AQSE: DEFI) has submitted an application for the listing of its ordinary shares on the Canadian Neo Exchange. Dispersion Holdings currently has a market cap of around £26 million. NEO Exchange is an early stage Fintech that aims to “re-focus… Read More

December 16, 2021 @ 10:04 am By Omar Faridi  |  

Pascal WealthTech recently announced that it has acquired Living Wealth Media Inc., which is a digital relationship marketing platform built and designed for wealth advisors, “in an all-stock transaction.” As mentioned in an update shared with CI, Living Wealth will continue as “a standalone product,”… Read More

December 15, 2021 @ 2:44 pm By Tony Zerucha  |  

Ledn, a global digital asset savings and credit platform, today announced it successfully raised $70 million in a Series B funding round which brings its valuation to $540 million. 10T Holdings led the round while Golden Tree Asset Management, Raptor Group and FJ Labs were… Read More

December 11, 2021 @ 1:07 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced the addition of U.S. Student Records to the Trulioo Global Gateway marketplace of identity services “supporting compliance, know your customer (KYC), and anti-money laundering (AML) solutions.” With the addition of this service, Trulioo clients may now “verify… Read More

December 9, 2021 @ 11:04 pm By Omar Faridi  |  

Walmart Canada and Interac Corp. have announced that they have teamed up to provide  Walmart Canada clients the option to make payments with Interac Debit via Walmart.ca and in-app. As of December 8, 2021, Walmart Canada clients are able to check out using Interac Debit… Read More

December 9, 2021 @ 9:53 pm By Tony Zerucha  |  

Duality Technologies, a provider of privacy-enhanced data collaboration solutions, today released Inter-Bank Privacy-Enhanced Information Sharing: Fraud Detection and Prevention a report authored by financial services advisory firm Aite-Novarica. The report analyzes how Canadian financial institutions can engage in information sharing based on privacy-enhancing technologies (PET)… Read More

December 9, 2021 @ 11:46 am By Tony Zerucha  |  

Nobul Technologies, a consumer-centric real estate technology company, announced this week it has crossed $5 billion in completed sales. The technology marketplace empowers home buyers and sellers to evaluate customized offers from real estate agents who submit bids to compete for their business. The platform… Read More

December 8, 2021 @ 10:37 pm By Omar Faridi  |  

Canadian Fintech firm Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the “Internet economy.” The newly renamed Trolley also confirmed its recent $7M Series A investment round, which was led by Pace Capital. Established in 2015, Trolley is a payouts… Read More

December 7, 2021 @ 8:01 am By Omar Faridi  |  

Digital wealth management platform Moneyfarm has confirmed that it will acquire Wealthsimple’s UK business book. Wealthsimple UK has reportedly agreed to transfer its 16,000 UK clients to Moneyfarm by the end of January 2022. The Canadian Robo-advisor said it would no longer be offering its… Read More

December 2, 2021 @ 9:37 am By JD Alois  |  

Katipult (TSXV: FUND), a cloud-based private investment service for platforms, has announced that George Reznik has joined its board of directors, assuming the position of Chair, Audit Committee. Reznik is CFO of Tantalus Systems and is said to have more than twenty-five years of experience… Read More