Canada

June 1, 2025 @ 5:23 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has announced a series of transformative updates in Spring 2025, showcasing its commitment to enhancing trading experiences, enabling innovation, and supporting community engagement. These updates include expanded futures trading capabilities, a strategic approach to steady business growth, and a multisport partnership in Canada…. Read More

May 30, 2025 @ 12:36 pm By Omar Faridi  |  

Shakepay Inc. recently noted that their CIRO-regulated securities dealer has officially joined Payments Canada. Shakepay also mentioned that they are joining an “exclusive” group of fintechs, and this milestone marks a significant step “towards bridging the gap between the crypto industry and traditional finance in… Read More

May 27, 2025 @ 4:44 pm By Omar Faridi  |  

Fintech startup Keep has emerged from stealth mode with a significant C$33 million in equity financing. The company aims to establish itself as the Canadian equivalent of Brex, the U.S.-based fintech known for its corporate spend management solutions. This infusion of capital positions Keep to… Read More

May 25, 2025 @ 3:29 pm By Omar Faridi  |  

Mantle, the “sustainable” hub for on-chain finance with over $3 billion in Total Value Locked (TVL), announced a partnership with Republic Technologies, the Ethereum (ETH) treasury of publicly listed Canadian company Beyond Medical Technologies Inc. This partnership marks a milestone “in institutional cryptocurrency adoption, positioning… Read More

May 23, 2025 @ 10:33 am By Omar Faridi  |  

TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on digital transformation and artificial intelligence (AI). The announcement, made under the leadership of newly appointed… Read More

May 20, 2025 @ 11:13 pm By Omar Faridi  |  

The Canadian Securities Exchange announced that it has entered into an agreement with NSX Limited (ASX:NSX), parent company of the National Stock Exchange of Australia, to acquire, pursuant to “a Scheme of Arrangement, NSX for all-cash consideration of AUD$0.035 per fully paid ordinary share.” The… Read More

May 19, 2025 @ 7:15 am By Omar Faridi  |  

Nuvei, the Canadian fintech company, announces its membership in the European Payments Initiative (EPI), reportedly becoming one of the payment services providers to enable ecommerce businesses to accept Wero, EPI’s digital wallet, in their online checkouts. Wero facilitates instant account-to-account (A2A) transfers using SEPA Instant… Read More

May 18, 2025 @ 10:46 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to announce a strategic investment in APX Lending by BIGG Digital Assets and the formation of a partnership between APX Lending and Netcoins…. Read More

May 16, 2025 @ 4:02 pm By Omar Faridi  |  

On May 16, 2025, Galaxy Digital Holdings Ltd. (TSX:GLXY) (NASDAQ:GLXY)began trading on the Nasdaq Global Select Market, marking a significant milestone for the company and the broader digital asset industry. The company’s shares opened at $23.50 closing at $22.80 after topping $25 a share. Galaxy… Read More

May 13, 2025 @ 3:03 pm By Omar Faridi  |  

MPOWER Financing, a fintech focused on international student financing, announced the completion of its second securitization, MPOWER Education Trust 2025-A. The $313.2 million collateral pool is “composed of U.S. dollar-denominated, fixed-rate loans made to international students attending American and Canadian universities.” The securitization size exceeds… Read More

May 13, 2025 @ 1:57 pm By Omar Faridi  |  

Crypto.com Canada announced that it received a restricted dealer registration on May 8, 2025 in each of the provinces and territories of Canada. The restricted dealer registration allows Crypto.com Canada to continue offering crypto-assets products and services to Canadians while it seeks registration as “an… Read More

May 13, 2025 @ 7:46 am By JD Alois  |  

Robinhood (NASDAQ: HOOD) has signed an agreement to acquire WonderFi (TSX: WNDR) (OTCQB: WONDF) in a move designed to boost its presence in Canada. WonderFi will become part of Robinhood Crypto, the company’s digital asset subsidiary. In a blog post, Robinhood said that WonderFi operates… Read More

May 12, 2025 @ 4:15 pm By Omar Faridi  |  

Eventus, a provider of trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s financial services platforms, serving “more than three million clients, with $50+… Read More

May 10, 2025 @ 1:30 pm By Omar Faridi  |  

Canada’s payment landscape is undergoing a transformative shift, driven by technological innovation as well as collaborative efforts across the financial ecosystem. Two significant developments highlight this evolution: the ongoing progress of the Real-Time Rail (RTR) payment system and the vibrant discussions at the 2025 Payments… Read More

May 9, 2025 @ 5:53 pm By Omar Faridi  |  

TD Asset Management Inc. (TDAM) announced a new way for investors to access private global infrastructure investments. Eligible Canadian accredited investors will have access to TDAM’s institutionally available infrastructure strategy, the TD Greystone Infrastructure Fund (Canada) L.P., through a collaboration with iCapital Network Canada Ltd, financial… Read More

May 9, 2025 @ 5:50 pm By Omar Faridi  |  

Canadian fintech company Nuvei (Nasdaq: NVEI) and Mastercard (NYSE: MA) are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate “payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card.” Mastercard Move… Read More

May 5, 2025 @ 4:55 pm By Tony Zerucha  |  

This past week, Instacart (NASDAQ: CART) acquired Wynshop, a provider of e-commerce solutions for leading grocers and retailers. By bringing together both organizations’ expertise and deep retailer relationships, Instacart aims to strengthen its enterprise solutions and empower more retailers to enhance their online experiences and further… Read More

May 3, 2025 @ 5:32 pm By Omar Faridi  |  

On April 28, 2025, Payments Canada implemented significant updates to the rules governing the Automated Clearing and Settlement System (ACSS), a critical infrastructure for processing electronic payments in Canada. These changes, aimed at enhancing clarity, aligning with current practices, and supporting ongoing modernization efforts, mark… Read More

May 2, 2025 @ 12:06 pm By Omar Faridi  |  

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More

May 2, 2025 @ 7:54 am By Tony Zerucha  |  

DailyPay, a worktech company and provider of On-Demand Pay, has expanded into Canada. This marks the company’s second international expansion, after initially moving into the United Kingdom in September 2024. “Expanding into Canada is a major step in our mission to better serve our multinational… Read More