Tagged: canada

OnDeck Canada Announces Partnership With Point of Sales Platform LightSpeed

Online lender OnDeck Canada announced on Thursday it has formed a partnership with cloud-based point-of-sales platform for independent retailers and restaurants, Lightspeed. According to the duo, this new partnership will allow Lightspeed users to secure loans through OnDeck’s lending platform and the new offering will… Read More

National Bank of Canada Invests in Myanmar Fintech Company ONGO

Last week, ONGO, a mobile payments platform based in Myanmar, announced a strategic partnership with the National Bank of Canada (NBC). According to ONGO’s announcement, NBC acquired a 22% stake in ONGO. The company declined to disclose any other terms of the deal. ONGO is… Read More

Equifax Canada Announces Risk Reveal to Help Empower Businesses Achieve Better Credit Decisions Faster

Equifax Canada announced last week the launch of its Risk Reveal, which is said to help businesses achieve better credit decisions at a faster rate. The fintech company stated that by combining the depth of two credit databases into one solution, the new feature would… Read More

Crooked Crowdfunders: Prominent Crowdfunding Marketing Firm “Funded Today” Gets Fleeced But Fights Back & Wins

First Successful Arbitration Settlement Against a Crowdfunding Scofflaw Prominent crowdfunding marketing firm Funded Today is perhaps the most successful agency in their space today. Having helped to direct more than 300 perk-based crowdfunding campaigns to financial success, Funded Today has now been instrumental in raising… Read More

Asset Management & Institutional Advisory Firm NewOak Forms Partnership With LendingArch to Purchase Up to $2 Billion in Consumer Loans

Canadian marketplace lending platform LendingArch, announced it has formed a partnership with NewOak, a New York-based asset management and institutional advisory firm who have advised on over $5.5 trillion in assets on behalf of the world’s top banks, institutions, law firms, and regulators. According to… Read More

Matchi Teams Up With ATB Financial & KPMG in Canada to Launch Fintech Challenge

Matchi, a global fintech matchmaking firm, announced it has teamed up with ATB Financial and KPMG in Canada to launch a customer onboarding innovation challenge dedicated to fintech companies. The companies reported that this challenge aims to reimagine customer onboarding and management through collaboration with… Read More

Blockchain-based Identity Service backed by the Big 5 Canadian Banks

SecureKey announced Monday that later this year it will release a blockchain-based service, giving customers the ability to control what classifying information they share with corporations. The Toronto-based identity management company’s new service has obtained the support of Canada’s top five banks. SecureKey’s new service… Read More

A Voluntary Tax? Ontario Parliament Debates Bill to Crowdfund Public Projects

Finding and allocating money public projects including urban improvements is hard. Constituents never want to see their taxes increase and inevitably some people support certain projects. Others, not so much. Randy Hillier, MPP for Lanark-Frontenac & Addington in Ontario, believes he has the solution. Hillier… Read More

UChicago Polsky Center Director E.J. Reedy: Still Time to Complete 2017 Americas Alternative Finance Industry Survey

“Having trusted, independent research is critical to cutting through some of the noise from a fast-changing space like alternative finance…We cut across to give a big picture view which isn’t typically available in other research.” It’s official, alternative finance platforms have been granted an extension… Read More

Misys & D+H to Merge and Create Global Fintech Leader in Banking & Finance Software

Misys, a financial service software provider, and D+H (TSX: DH), another financial technology provider, are poised to merge and thus create a “diversified Fintech market leader” with a global footprint providing financial services software with an estimated revenue of $2.2 billion.  The announcement came today… Read More

LendingArch Unveils Real-Time Point of Sale Financing Loan Service for Medial Clinics

Canadian marketplace lending platform LendingArch announced on Monday launch of its new, real-time point of sale loan service for Canadian medical clinics and their patients. According to LendArch, patients may now apply for LendingArch’s point of sale financing either from their home or directly at a clinic location… Read More

Canadian Fintech Company Mogo Finance Technology Commences Trading on the OTCQX

Mogo Finance Technology Inc. (TSX:MOGO), a Canadian fintech company, announced on Friday it has been approved to trade on the OTCQX under MOGOF. Speaking about the financial milestone, Greg Feller, President and CFO of Mogo, stated: “The U.S. is the world’s largest capital market and has a… Read More

Alibaba Continues its Push for Global Dominance with Stake in Paytm

Alibaba has been roaming the globe acquiring or investing digital businesses. The most recent investment lands in India – marking an important entrant for Jack Ma’s firm. According to multiple reports, Alibaba has led a funding round in Paytm, an Indian ecommerce and payments platform. A… Read More

Canadian Crowdfunding Summit – Toronto

Accelerate access to capital markets and emerging fintech opportunities The 3rd annual 2017 Canadian Crowdfinance Summit (#CCS2017) is Canada’s largest national event covering fintech, crowdfunding, internet finance, venture funding and alternative finance markets. Access educational content, deal flow, and premier networking opportunities with over 75+… Read More

Canadian Securities Administrators Launch Fintech Sandbox

The Canadian Securities Administrators (CSA) has launched a bespoke Fintech regulatory sandbox. The CSA described the Sandbox as an initiative that supports businesses seeking to offer innovative products, services, and applications. “The objective of this initiative is to facilitate the ability of those businesses to… Read More

Jean-Sébastien Drolet, RealStarter on Making Real Estate Investments Accessible

Crowdfund Insider had the opportunity to interview the co-founder of Canadian real estate crowdfunding platform, RealStarter. Jean-Sébastien Drolet is a Université Laval graduate who is leveraging his legal training in his work in the real estate market, along with co-founder and programmer Do Nguyen and real estate… Read More

Ontario Securities Commission & UK Financial Conduct Authority Sign Cooperation Agreement

The Financial Conduct Authority (FCA), the securities regulator in the UK, has signed a cooperation agreement with the Ontario Securities Commission (OSC).  The agreement is designed to provide support to innovative Fintech firms seeking entry into either market. The Agreement allows the FCA and the… Read More

Bank of Canada: Digital Currencies Need Regulation (Document)

The Bank of Canada is out with a paper that reviews the advent of digital currencies, IE Bitcoin, and how it may impact the more traditional type of fiat currency. Drawing a comparison to back in the day when private bank notes circulated alongside government issued… Read More

Over Promise & Under Deliver. Will Tiko 3D Printer Become the Next Zano – Like Kickstarter Failure?

There was a brief period in crowdfunding history where 3D Printers were quite the rage. Thousands of backers pumped millions of dollars into all sorts of iterations of the now ubiquitous 3D printers. Of course today the sector is intensely competitive. Just hop on over… Read More

National Crowdfunding Association of Canada to Hold 3rd Annual Event in Toronto

NCFA Canada Focuses on Innovation Finance and Fintech Trailblazers from Across the Country. The National Crowdfunding Association of Canada (NCFA Canada) will be holding its third annual Canadian Crowdfunding Summit (CCS2017) in Toronto this month. The event opens on February 28th and continues for a… Read More