Canada

April 5, 2018 @ 4:00 pm By Samantha Hurst  |  

Canadian fintech lender PayBright announced on Thursday its e-commerce financing solution is now available for merchants operating the IBM Websphere Commerce platform. According to PayBright, the e-commerce solution integrates with merchant’s e-commerce platforms and provides Canadian customers with an additional payment option at checkout. Upon selecting PayBright… Read More

April 5, 2018 @ 8:47 am By Erin Hobey  |  

Etherparty Smart Contracts Inc., a Vancouver blockchain tech company, is now accepting applications for its Rocket Three for Free contest, which will offer three projects or startups the opportunity to win full use of Etherparty’s new cryptocurrency crowdfunding platform, Rocket, free of charge. Founded by Lisa… Read More

April 4, 2018 @ 3:17 pm By Samantha Hurst  |  

On Wednesday, Canada’s OneEleven announced the participants of their Insurtech Growth Program. The startup community announced in January it was joining forces with insurance company Aviva Canada to support the success of growing Canadian insurtech companies. The program, which runs for four months, will provide the… Read More

April 4, 2018 @ 12:00 pm By JD Alois  |  

  Last month, the TMX Group (the operator of the Toronto Stock Exchange) announced that its subsidiary, Shorcan Digital Currency Network, will be working with Paycase Financial to launch a new cryptocurrency brokerage service initially focused on Bitcoin and Ether. Shorcan DCN is expected to launch… Read More

April 3, 2018 @ 8:55 am By Samantha Hurst  |  

Tech-focused e-trailer Newegg announced last week it will now give customers in Canada the option of paying for their purchase with bitcoin. The company reported it first offered a bitcoin payment option to its U.S. customers in August 2014 and since that time bitcoin transactions have represented… Read More

April 1, 2018 @ 3:31 am By JD Alois  |  

Canada’s leading investment crowdfunding platform, FrontFundr, is seeking female investors to help them grow. Frontfundr is in the midst of a self-crowdfunding campaign seeking a minimum raise of $750,000 (and a max of $1.5 million). Frontfundr is offering common stock in the company at a… Read More

March 30, 2018 @ 8:38 am By JD Alois  |  

While the Bank of Montreal (BMO) has not made any public pronouncements we are aware of, the Canadian Bank has apparently decided cryptocurrency is too dodgy for their customers. This week a poster on Reddit shared a BMO Bulletin (#632) entitled Blocking Cryptocurrency Transactions for… Read More

March 25, 2018 @ 12:00 pm By JD Alois  |  

There is an ongoing debate in Canada regarding the regulatory approach to financial services. As it stands today, thirteen different financial regulators hold sway when it comes to securities compliance instead of a single national regulator. To the casual observer this makes absolutely no sense… Read More

March 22, 2018 @ 10:13 pm By JD Alois  |  

This is an interesting move by TMX Group, the operator of the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, and more. TMX Group has partnered with Paycase Financial to launch the first ever public cryptocurrency brokerage desk by a major exchange…. Read More

March 21, 2018 @ 3:38 pm By Samantha Hurst  |  

On Tuesday, the Royal Bank of Canada (RBC) announced it has opened its very own API developer platform. According to the bank, the RBC Developers platform will allow eligible external software developers, industry “innovators,” and clients to access select RBC APIs. While sharing more details… Read More

March 14, 2018 @ 3:00 am By JD Alois  |  

Last week during the National Crowdfunding and Fintech Association of Canada’s annual event, FFCON2018, there was a single presentation that provided a state of Fintech in Canada. Professor Michael King,  from the Scotiabank Digital Banking Lab @ Ivey Business School, delivered an excellent synopsis of what’s… Read More

March 8, 2018 @ 11:23 pm By JD Alois  |  

This past week, the National Crowdfunding and Fintech Association of Canada (NCFA) held its annual event in Toronto that saw over 500 participants join to discuss Fintech from around the world. FFCON18 Velocity covered the wide ranging spectrum of current topics in the realm of… Read More

March 7, 2018 @ 3:11 pm By Samantha Hurst  |  

Digital payment platform Alipay announced this week it has reached a new partnership milestone with Canada-based fintech Motion Pay Technology Inc. According to the company, the partnership has resulted in a significant number of merchants across Canada enabling Alipay at point-of-sale.  According to the duo, Alipay is now accepted… Read More

March 6, 2018 @ 2:32 pm By Samantha Hurst  |  

Canadian fintech Katipult announced last week it has been nominated, alongside Polymath Inc., for the Most Promising Partnership Award at the second annual Lendit Fintech Industry awards in April. According to Katipult, the partnership will be competing against some of the world’s finance and fintech giants… Read More

March 6, 2018 @ 8:47 am By JD Alois  |  

The Canadian Securities Exchange (CSE) announced last month it would be integrating Blockchain technology to power trading on its platform. This will make the CSE the first regulated exchange in North  America to make the transition that is inevitable for all traditional stock exchanges in… Read More

February 26, 2018 @ 10:34 am By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday that Canada-based Kawartha Credit Union will leverage technology from Fiserv to streamline operations and enhance the credit union’s ability to deliver highly personalized service to its 50,000 members. According to Fiserv,… Read More

February 23, 2018 @ 9:36 am By JD Alois  |  

TMX Group, the parent company of the Toronto Stock Exchange, TSX Ventures and several other entities, has posted a series of webinars in response to the growing interest in digital currencies, initial coin offerings and Blockchain in general. TMX states: “While the sector appears to… Read More

February 21, 2018 @ 1:05 pm By Samantha Hurst  |  

On Wednesday, Canada-based fintech and global digital investing service, WealthSimple, announced it has secured £37 million through its latest investment round, which was led by Power Financial. Founded in 2014, Wealthsimple describes itself as a new kind of financial advisor, which is one that is… Read More

February 15, 2018 @ 6:10 pm By JD Alois  |  

Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue driven specifically by investment banking. Yet arguably, much of the value that is provided… Read More

February 14, 2018 @ 2:39 pm By JD Alois  |  

The British Columbia Securities Commission (BCSC) has published a notice on Fintech. This notice is designed to help “set out the results of the consultations and seek comment on potential regulatory action to clarify or modernize securities laws to benefit all stakeholders, including investors in… Read More