Canada

July 5, 2018 @ 1:40 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has published its 2018-2019 “Statement of Priorities.” This document sets out the priorities for the regulator during the fiscal year along with preferred outcomes. Along with the expected statements of investor protection and compliance / enforcement, the OSC says it intends… Read More

July 3, 2018 @ 12:14 pm By JD Alois  |  

Global Blockchain Technologies (CSE:BLOC) (BLOC.CN) (CSE:BLOC.CNX) (BWSP.F) (BLKCF) has released a comment on share performance following multiple inquiries regarding the price decline. In the past year, Global Blockchain has seen its price gone from a high of over CDN $1.50 to an anaemic CDN $0.29… Read More

July 1, 2018 @ 2:00 pm By Cali Haan  |  

The Ontario Securities Commission (OSC) has published a report on a comprehensive survey of 2500 Ontarians regarding their interest in and knowledge of digital currencies like Bitcoin. The report, commissioned by the OSC’s Investor Office and conducted by Innovative Research Group, found that 5%, or… Read More

June 27, 2018 @ 11:09 am By JD Alois  |  

KoreConX, a platform to manage businesses capital market activity and stakeholder communications, has announced the “KoreToken Protocol” for securities tokens that said to be fully compliant throughout the lifecycle of the security. Recognizing the market has not established a protocol that caters to the life… Read More

June 27, 2018 @ 9:37 am By Samantha Hurst  |  

TD Bank announced on Tuesday it has formed a new partnership with BizEquity to provide its small and mid-size business customers and prospects from Maine to Florida a no-cost comprehensive business valuation through a cutting-edge digital application. The bank revealed that through its relationship with the Philadelphia-based fintech it now offers… Read More

June 25, 2018 @ 1:26 pm By Samantha Hurst  |  

Last week, National Bank announced it has launched a new mobile point of sale solution, Easy Pay, which is powered by Montreal fintech, Mobeewave and will be used by SME clients. National Bank reported that by collaborating with its partner, Global Payments, it claims to… Read More

June 24, 2018 @ 1:44 pm By JD Alois  |  

You may have thought the days of super-sized initial coin offerings (ICO) was nearing an end. Think again. The TaTaTu Token offering claims it has sold $575 million worth of digital coins in a private sale. The offering has apparently seen the participation of Prince Felix… Read More

June 22, 2018 @ 2:00 pm By Samantha Hurst  |  

Peoples Trust Company, a federally chartered financial institution that has provided financial services to Canadians, announced this week it has acquired Vancouver-based online lending platform Lendful. According to the duo, Peoples Group’s key mission is to exceed customers’ expectation by providing access to financial products within select markets…. Read More

June 21, 2018 @ 4:35 pm By JD Alois  |  

Katipult (TSXV: FUND)( Frankfurt: K10) has announced the first install of its blockchain based secondary market product. Adhering to a previously posted release time frame, Katipult has launched the secondary market as a pilot on WeAreStarting Srl, an investment crowdfunding platform in Italy. According to Katipult, capabilities of… Read More

June 21, 2018 @ 11:50 am By Cali Haan  |  

The Globe and Mail newspaper, courtesy of Bloomberg, is reporting that the Quebec provincial energy regulator, Regie de l’energie, has authorized Hydro Quebec to levy a 3x premium on electricity prices to all new firms planning on mining cryptocurrencies in Quebec. https://www.theglobeandmail.com/business/article-hydro-quebec-hikes-electricity-price-for-cryptocurrency-miners/ Cryptocurrency “mining farms”… Read More

June 20, 2018 @ 11:13 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has received an additional emergency court order freezing the assets of Dominic Lacroix. The freeze is part of an ongoing enforcement action that stems from some time ago. The SEC had previously sued for securities fraud and had obtained… Read More

June 20, 2018 @ 11:11 am By Samantha Hurst  |  

Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More

June 20, 2018 @ 7:52 am By Cali Haan  |  

Yet another computer-savant smart enough to have allegedly managed a vast Dark Web marketplace yet not quite smart enough to avoid countries with extradition treaties with the US is on his way there to face charges of conspiracy to traffic drugs and launder money. According… Read More

June 19, 2018 @ 9:12 am By Cali Haan  |  

It seems the cutest bubble in crypto has popped for the time being, but don’t worry, Vancouver firm Axiom Zen are trotting out all kinds of ways to restore heat to Ethereum’s favourite cartoon cats. CryptoKitties are a set of limited-edition digital-cartoon collector cats registered… Read More

June 18, 2018 @ 3:48 pm By Samantha Hurst  |  

Finance Montréal announce on Monday the launch of the Montréal FinTech Station, which had financial support from the Government of Québec. According to Finance Montréal, the Montréal FinTech Station’s mission will be to support the development of new businesses in the financial technology sector as well as help… Read More

June 17, 2018 @ 8:49 am By JD Alois  |  

KoreConX has landed a high profile advisor. David Weild, former Vice-Chairman of NASDAQ, CEO of Weild & Company, and JOBS Act proponent, has joined the Fintech firms advisory board. KoreConX is a digital investor relations platform that aids in the capital raising process and shareholder… Read More

June 15, 2018 @ 8:15 pm By Samantha Hurst  |  

On Friday, Canadian fintech Mogo Finance Technology announced it has obtained a receipt for a final short form base shelf prospectus further to its filing of a preliminary short form base shelf prospectus, previously announced on April 16th. According to the startup, both documents have been… Read More

June 13, 2018 @ 7:50 am By JD Alois  |  

Katipult Technology Corp. (TSXV: FUND)( Frankfurt: K10), a Canada based Fintech, has closed on a C$3.05 million offering of unsecured debentures. Katipult provides investment management and crowdfunding software, including secondary market and blockchain based securities features. Katipult listed its shares on the TSX Venture exchange in late… Read More

June 12, 2018 @ 7:00 am By Samantha Hurst  |  

B2B payment platform PayStand announced on Tuesday it has expanded its digital platform in Canada in order to support domestic B2B commercial payments and continue the growth of its global payments infrastructure. The expansion into Canada comes less than one year after PayStand secured $6… Read More

June 11, 2018 @ 9:24 pm By Samantha Hurst  |  

Luge Capital, a new venture capital fund specifically focused on early-stage fintech companies and artificial intelligence (AI) solutions applied to financial services, announced on Monday it has completed a $75 million round of financing to begin operations. The fund reported that Initially, $50 million of the raised capital was… Read More