Canada

October 19, 2017 @ 12:37 pm By JD Alois  |  

Regtech platform iComplyICO has hired Piotr Piasecki, known in the crypto world as “ThePiachu” to serve as its “decentralization manager.” Piasecki is a grey beard in the Bitcoin community having wrote a master’s thesis on Bitcoin security in 2012 in the Technical University of Lodz… Read More

October 14, 2017 @ 11:45 am By Samantha Hurst  |  

Scotiabank announced on Friday it has formed a partnership with Latin America’s startup accelerator, NXTP Labs. According to the Canadian bank, the strategic collaboration will allow it to gain access to the most promising Fintechs in Mexico, Colombia, Chile, and Peru, and also leverage these… Read More

October 11, 2017 @ 8:48 am By Samantha Hurst  |  

Canadian fintech Dream Payments announced on Tuesday Staples has joined its recently launched Dealership Program. The company revealed that under the partnership, its mobile point-of-sale (POS) debit/credit card terminal will now be able for purchase on Staples’ website. While sharing details about the new partnership,… Read More

October 11, 2017 @ 3:07 am By JD Alois  |  

While some financial regulators have simply stopped Initial Coin Offerings (ICO) or slowed activity in the cryptocurrency space, others have been more receptive towards embracing change and recognizing the fact you need to be more innovative. The Ontario Securities Commission (OSC) is one of the… Read More

October 10, 2017 @ 3:54 pm By Samantha Hurst  |  

La Caisse de dépôt et placement du Québec announced on Tuesday it has formed a partnership with the Desjardins Group to launch a new fintech investment fund. The creation of this fund was announced during the Canada FinTech Forum According to the Canadian companies, the funds… Read More

October 10, 2017 @ 11:02 am By Samantha Hurst  |  

Payment Rails, a Canada-based API-first payouts platform for businesses, announced on Tuesday it has appointed former President of PayPal, Scott Thompson, as an investor and board advisor. This news comes just after the company completed its seed round and brought total investment funding to $1.1… Read More

October 9, 2017 @ 5:57 pm By JD Alois  |  

Aion, a community-driven project lead by Nuco Global Inc. and the Aion Foundation, has raised $22 million USD to build the first interoperable blockchain network. The Initial Coin Offering (ICO) pre-sale took less than one week to raise $7.2 million with half their capital goal raised… Read More

October 4, 2017 @ 4:50 pm By JD Alois  |  

  Glenn Ballman, an internet entrepreneur from the DotBomb days, has launched a new company called düber Technologies. Düber is described as a SaaS provider for the Cannabis industry, an emerging sector of business that has been ready to boom for years. Düber recently announced… Read More

October 4, 2017 @ 12:32 pm By Samantha Hurst  |  

Canadian fintech firm MOBI724 Global Solutions Inc. announced this week it has entered into an agreement with Visa, a global payments technology company, to provide Visa clients a suite of integrated Loyalty Solutions, including MOBI724’s Card-Linked Offers & Rewards, Digital Marketing and Business Intelligence Solutions… Read More

October 2, 2017 @ 12:35 pm By JD Alois  |  

OTC Markets (OTCQX: OTCM) has formed a parternship with the Canadian Securities Exchange (CSE), a Canadian listing exchange recognized as a Qualified Foreign Exchange in the U.S.. The strategic alliance is said to offer a new program for issuers looking for an efficient IPO experience… Read More

October 2, 2017 @ 12:09 pm By JD Alois  |  

AION tokens will be available in public pre-sale on October 3, 2017 Blockchain company Nuco has announced the advisory board for Aion, a blockchain network and framework allowing communication between blockchains. Aion’s 11 new advisors include some pretty impressive executives including a VP from the Toronto… Read More

September 28, 2017 @ 9:56 am By Samantha Hurst  |  

Canada fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc. (TSX: XAU), announced on Thursday the addition of vaulted Bitcoin and Ethereum as secure and fully-reserved offline investable assets within the Goldmoney Holding. This will allow qualified clients to buy, sell, and exchange cryptocurrencies… Read More

September 12, 2017 @ 2:56 pm By Samantha Hurst  |  

Canadian-based CRM platform Finaeo announced last week it has completed its Seed Round, which oversubscribed and raised $2.25 million. The round was led by Impression Ventures with participation from 500 Startups, Robo Ventures, iGan Partners, and Toronto angel investors. Founded in 2016, Finaeo helps financial… Read More

September 11, 2017 @ 11:15 am By Samantha Hurst  |  

On Monday, Canadian fintech startup Stack announced it has formed a partnership with MasterCard to launch its digital money accounts with mobile tap-to-pay functionality. Stack stated its accounts will include a chip-and-pin MasterCard prepaid card that provides secure point-of-sale access to worldwide retailers, global ATM networks, and… Read More

September 6, 2017 @ 10:01 pm By JD Alois  |  

The British Columbia Securities Commission (BCSC) has announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The approval by the BCSC was described as a landmark event. The BCSC granted First Block Capital Inc. registration as an investment… Read More

August 30, 2017 @ 11:50 am By JD Alois  |  

Kik, a Canada-based chat platform founded in 2009, is poised to raise $125 million in an upcoming Initial Coin Offering (ICO) joining a handful of Token crowdsales that have topped the $100 million mark. Kik has already closed on a presale round that raised only… Read More

August 28, 2017 @ 2:03 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) have posted a notice regarding companies that are using Initial Coin Offerings (ICOs) to raise capital online. The CSA published a Staff Notice, 46-307 Cryptocurrency Offerings, noting that issuers may need to comply with existing securities law. Canada is the… Read More

August 25, 2017 @ 10:49 am By Samantha Hurst  |  

Dream Payments, a fintech company that operates a payments cloud that powers commerce and payments across mobile devices and the Internet of Things (IoT), announced on Thursday the launch of the Dream Payments Dealer Program. The company stated that the new program enables retailers including… Read More

August 16, 2017 @ 5:10 pm By Samantha Hurst  |  

Transferwise, one of the highest profile Fintech firms in Europe, announced on Wednesday the launch of its new Borderless account in Canada. This news comes just a few weeks after the company added Apple Pay to the list of options its users may leverage to… Read More

August 3, 2017 @ 11:49 am By Erin Hobey  |  

Flexiti Financial, a Canadian provider of point-of-sale (POS) financing and payment technology for retailers, announced the closing of an oversubscribed $5M convertible debentures offering. A convertible debenture, a type of loan issued by a company that can be converted into stock, differs from a convertible bond… Read More