Tagged: canada

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

Former PayPal Head Darrell MacMullin Named Advisor at Canadian Fintech Mogo Finance Technology

Canadian fintech Mogo Finance Technology Inc. (MOGO.TO) (MOGOF) announced on Tuesday it has appointed former PayPal head Darrell MacMullin as one of its new advisors in order to support the company’s product expansion efforts, including the upcoming launch of its recently announced cryptocurrency account, and new… Read More

Air Canada Announces Partnership With Adyen to Provide International Payments Solution to Customers

Air Canada announced on Wednesday it has formed a partnership with Adyen to provide an international payment solution to all customers. The airliner reported that through this agreement, customers will be able to use their preferred local method of payment when making travel purchases. While… Read More

QUOINE Forms Partnership With Blockwave to Expand Cryptocurrency Exchange Services In Canada

Global crypto fintech company QUOINE announced on Thursday it has formed a partnership with Canadian fintech startup Blockwave to bring blockchain fintech services to Canada, starting with the launch of a cryptocurrency exchange before the end of this year. The company revealed that it will deploy… Read More

Cannabis / Hemp Company True Leaf Tests the Waters for Reg A+ Crowdfunding Campaign

True Leaf Medicine International (CSE: MJ) (FSE: TLA) (OTCQB:TRLFF), a Canadian company is running a testing the waters (TTW) campaign to gauge investor interest in a possible Reg A+ crowdfunding offer seeking a max raise of $10 million. True Leaf says this is the first… Read More

Canadian Insurtech Covera Raises $1 Million During Seed Financing Round Led By Ferst Capital Partners

Covera Technologies Inc., a Canadian-based insurtech start-up that uses technology to find its customers optimal insurance rates every year, has raised $1 million through its seed financing round led by Ferst Capital Partners with participation from fintech angel investors. The latest funding round follows the company’s $500,000… Read More

Dream Payments Announcement: Staples Joins Fintech Company’s Recently Launched Dealer Program

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

La Caisse Forms Partnership With Desjardins Group to Launch New Canadian Fintech Fund

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

Former PayPal President Scott Thompson Joins Canadian Fintech Payment Rails As Investor & Board Advisor

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

Goldmoney Adds Bitcoin & Ethereum to Holdings Platform

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