Tagged: canada

CAN Capital Welcomes Tom Davidson as New CFO

CAN Capital, a tech-driven small business specialty finance company, has hired Tom Davidson as its new Chief Financial Officer. Davidson brings 25 years of financial services experience to the company, including deep expertise in capital markets, securitization, treasury, investor relations and risk management. “I couldn’t be more… Read More

ATB Financial Announces Four Year Partnership With University of Alberta For AI

On Tuesday, ATB Financial announced the city of Alberta will get a boost in its contribution to the national artificial intelligence (AI) industry through a four-year partnership between it and the University of Alberta. According to ATB Financial, a group of students, paired with selected… Read More

Canadian Crowdfunding Platform FrontFundr Hits $10M Milestone, Self-Crowdfunding Campaign Nears Goal

FrontFundr, the leading Vancouver-based Canadian online investing platform, utilizes its online exempt market dealer (EMD) status plus its modern technology to enable users across Canada to invest in innovative growth businesses in under 12 minutes and starting from $250. “We are pleased to announce that… Read More

Nova Credit Teams Up with TransUnion to Serve Canada’s Creditworthy Newcomers: Applies Foreign Credit Score to New Home

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More

Canadian Fintech PayBright Announces  E-Commerce Financing Solution is Now Available on IBM Websphere 

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

OneEleven & Aviva Canada Announces Five Startups Selected For Insurtech Growth Program

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

Newegg Announces Bitcoin Payment Option Extension to Canada

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

Royal Bank of Canada Launches API Developer Portal

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

Kawartha Credit Union Teams Up With Fiserv & Celero; Seeks to Advance technology in Order to Enhance Banking Experience for Customers

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

Canadian Fintech Wealthsimple Raises £37 Million During Latest Funding Round

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

Ontario Securities Commission Announces 2018 Fintech Advisory Committee Members

On Wednesday the Ontario Securities Commission (OSC) today announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry.  According to… Read More

GoldMoney Appoints New CFO & Board of Member

Canadian fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc., announced on Tuesday it has appointed Steve Fray as Chief Financial Officer effective immediately. The company reported that Fray, who previously served as Senior Vice President of Finance and Operations, will replace… Read More

OTC Markets Group Announces First Canadian-listed Reg A+ Offering on OTCQB Venture Market

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Thursday that True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), the first Canadian-listed company, to conduct a successful Reg. A+ offering on its… Read More

Canadian Fintech Katipult Appoints Karim Teja As New Chief Financial Officer

On Friday, Canadian fintech Katipult announced it has appointed Karim Teja as its new Chief Financial Officer. According to the company, Taja has more than 15 years of diversified financial business experience and held senior positions in rapidly growing technology companies in the medical, environmental… Read More

Competition Bureau of Canada Publishes Fintech Report, Recommendations Demand Regulatory Change

The Competition Bureau, part of the Canadian government, has published a wide ranging report on Fintech. The Bureau opens the report by acknowledging that “despite the attention that Fintech is generating, Canada lags behind its international peers when it comes to Fintech adoption.” To compile… Read More

Finova Financial’s Equity-Linked JCO Token Going Global: Set to be Available Through Canadian Online Investment Platform FrontFundr

Finova Financial, a digital financial services provider transforming the future of global banking, announced on Tuesday the first stage of international expansion for the equity-linked token, JOBS Crypto Offering (JCO), through a partnership with Canadian online investment platform, FrontFundr. Finova revealed that its token will… Read More

Canadian Onboarding Software Provider thirdstream Announces Partnership With Global Fintechs Finastra

thirdstream, a Canadian-based onboarding software provider, announced on Monday it has formed a partnership with global fintech Finastra. thirdstream reported that it will be integrating Payment Manager from Finastra into its onboarding platform, cumulus. This will allow thirdstream to offer its financial services clients key technologies that will further streamline the account opening process in-branch… Read More

Australian Securities and Investment Commission Partners with Canadian Securities Regulators on Fintech

The Australian Securities and Investment Commission (ASIC) has signed a cooperation agreement with the Canadian Securities Administrators (CSA) to foster Fintech innovation, expand the network of information sharing and support Fintech startups. ASIC previously signed a bilateral cooperation agreement with the Ontario Securities Commission which… Read More

Canadian Fintech nanopay Expands Leadership Team By Appointing New Chief Revenue & Chief Risk Officers

Canada-based real-time payments platform provider and fintech firm nanopay recently announced it has appointed Nilesh Dusane as Chief Revenue Officer and Amir Sunderji as Chief Risk Officer. The company revealed that Dusane and Sunderji will play an essential role in its mission to scale payments solution and build… Read More

NFCA’s VanFUNDING 2017 to Bring More Than 50 Leading Blockchain, Fintech, & Capital Innovation Experts to Vancouver Last Weekend of November

National Crowdfunding Association of Canada (NFCA)’s VanFUNDING, a West Coast event that’s dedicated to connecting people to partnerships, investment, and business opportunities, announced on Wednesday it is bringing its 2017 Blockchain, Fintech, Funding Conference and RegTech Hackathon to Vancouver on November 28th at the Morris… Read More