Tagged: canada

BIGG Digital Assets Subsidiary Netcoins Reveals Plans for US Expansion

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins (Netcoins.ca), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io), a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to… Read More

Apex Group Expands North America Operations with Prometa Acquisition

Apex Group Ltd., a global financial services provider, announced the acquisition of Prometa Fund Support Services Inc., a Canada based provider of fund services. Prometa delivers fund services to clients in Canada, the United States, and Bermuda, “including Hedge Funds, LSVCCs and Mortgage Investment Corporations.”… Read More

Cboe to Introduce Real-Time Canadian Equities Market Data Offering

Cboe Global Markets, Inc. (Cboe: CBOE), a provider of global market infrastructure and tradable products, announced the launch on September 12 of the Cboe One Canada Feed, a new real-time market data solution that “provides high-quality Canadian equities reference quote and trade information.” Through a… Read More

BIGG Digital Assets Inc. Reports Financial Results For Q2 2022

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that claims to make it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology solutions, is reporting Q2 2022 financial results. All figures… Read More

BIGG Digital Assets Inc. Hires Hybrid Financial to Offer Investor Relations, Consulting Services

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins (Netcoins.ca), the online cryptocurrency brokerage that makes it “easy” for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (blockchaingroup.io), a developer of blockchain technology search, risk-scoring and data analytics solutions, is… Read More

Contactless Payments: Visa, Metrolinx Support Tap to Pay to Transit in Toronto

Visa (NYSE: V) announced that Visa tap to pay will officially “arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g…. Read More

Financial Software Firm Savana Secures $45 Million via Series A Led by Georgian

Savana, a financial software for banks and fintechs, announced the closing of a $45 million Series A round led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be “used to drive continued growth of Savana’s core-agnostic Digital Delivery Platform, ramp up… Read More

Goparity, an Impact Finance App, Secures €1,502,116 via Crowdcube

Goparity, an impact finance app empowering citizens and companies “to use their money for good,” has secured 125% (€1,521,419) of its €1,200,000 target from 692 investors at the time of writing via Crowdcube with 16 days left in the firm’s crowdfunding campaign. Goparity reports a… Read More

Canada based Fintech Clik2pay Adds Flexible, Scheduled Payments

Payment service provider Clik2pay has introduced flexible and scheduled payment options, offering Canadian businesses “more options when requesting payments from their customers.” These new features make it easier “to request direct-from-account payments – safely and securely, using one of the most trusted money transfer systems… Read More

Fintech CurrencyCloud Allows Regulated FX Brokers to Reach Untapped UK, EU, US, Canada Markets

Post-Brexit, FX brokers are losing business and money because they’re “not permitted to service EU-based clients,” the team at Currencycloud notes in a blog post. And when they want to expand to reach these markets, the cost and time it takes to seek regulation is… Read More

Global Fintech TS Imagine Expands Business Operations in Montréal

TS Imagine, which claims to be a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada “with new facilities in Montréal to boost its North American operations and drive its international growth.” TS Imagine opened its… Read More

D-Wave, Mastercard Take “Quantum Leap” into Future of Financial Services

D-Wave Systems Inc., which claims to be a leader in quantum computing systems, software, and services, and the “only” company building both quantum annealing and gate-based quantum computers, and Mastercard (NYSE: MA) announced a multi-year strategic alliance “to champion the acceleration and adoption of quantum… Read More

EQ Bank Teams Up with Flinks to Deliver on Open Banking

EQ Bank, powered by Equitable Bank, Canada’s Challenger Bank, has teamed up with Flinks, a key player in open banking, to provide EQ Bank customers with the ability “to share their financial data securely with third-party fintech applications of their choosing.” This partnership, and the… Read More

Mastercard Changeworks Launches to Enhance Work of Canadian Not-for-Profits

Mastercard (NYSE: MA) has launched Changeworks™, a social-impact program that “helps Canada’s not-for-profits harness the power of technology and data to create positive change.” To put this commitment into action, Mastercard has “made its first anchor grant to national not-for-profit, CanadaHelps, to launch a digital… Read More

Canada’s Debit Network Interac Adds Backup Supplier After Massive Rogers Outage

Canada’s debit network Interac is reportedly adding a backup network provider after this past week’s large-scale outage at Rogers, which had left millions of clients unable to complete payments. In statements shared with Reuters, the company’s management noted: “We are adding a supplier (besides Rogers)… Read More

Canadian Banks Team Up with CanDeal to Provide Comprehensive KYC Solution

CanDeal Group, an operator of Canadian market and infrastructure services, has teamed up with five of Canada’s biggest local banks “to deliver a comprehensive, centralized Know Your Client (KYC) solution to the Capital Markets Industry.” The collaboration mutualizes many of the costs and efforts of… Read More

Fintech Firm Brim Financial Teams Up With Air France-KLM to Offer Credit Card Program

Brim Financial, one of the “fastest-growing” Fintechs and a licensed credit card issuer, recently announced a partnership with Air France-KLM in Canada. The joint Air France and KLM’s loyalty program, Flying Blue, will “leverage Brim’s end-to-end technology platform to launch a unique credit card product… Read More

Digital Asset Firm FTX Acquires Bitvo, Makes Alberta first Canadian Business Location

Momentum in Alberta’s Fintech sector continues to build as crypto exchange company FTX revealed plans to establish its first Canadian location in Calgary after the acquisition of Calgary-based Bitvo — a trading platform “offering Canadians a secure and easy way to buy, sell and trade… Read More

Canadian Fintech Wealthsimple Is Laying Off 13% of Staff

Wealthsimple is reportedly laying off 13% of its staff members as the financial services firm joins the slew of global technology businesses facing market “immense volatility.” In a letter to staff of the Toronto-headquartered company on Wednesday, CEO Michael Katchen noted that 159 of the… Read More

Fintech Nuula Launches in Canada to Support Small Businesses, Company Founders

Nuula, a Fintech company focused on providing small businesses the tools and the capital they need to succeed, announced its launch in Canada. Nuula will provide Canadian small business owners with a way to monitor the performance of their business and “access a range of… Read More

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