Tagged: canada

June 1, 2022 @ 11:32 am By Omar Faridi  |  

Glory, which claims to be a global “leader” in cash technology solutions to the financial and retail industries, has announced their participation in the fundraising round by Clip Money Inc. (TSXV: CLIP) a Fintech operating in Canada and the US. Clip Money “simplifies the challenges… Read More

May 30, 2022 @ 11:21 am By Omar Faridi  |  

  Hardbacon, a personal finance application used by more than 38,000 Canadians, has launched an equity crowdfunding campaign through the FrontFundr portal “where it has secured no less than $422,829 in the first 24 hours.” As part of the campaign, Hardbacon has “obtained $303,965 in… Read More

May 21, 2022 @ 5:55 pm By Omar Faridi  |  

Round13, a Canadian VC firm with approximately $700 million in assets under management, has introduced a “dedicated” fund to invest in the emerging blockchain and digital asset market. As noted in an update shared with CI, the crypto native fund has “raised US$70 million of… Read More

May 19, 2022 @ 7:59 am By Omar Faridi  |  

Mitacs and Mastercard (NYSE: MA) recently announced a partnership that will see some of the “best” and “brightest” from Canada’s academic institutions collaborate on projects “aimed at accelerating R&D and innovation in the field of cybersecurity at Mastercard.” Mastercard is investing $500,000 towards the development… Read More

May 18, 2022 @ 11:41 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE:BIGG), owner of Blockchain Intelligence Group, a global cryptocurrency intelligence and compliance company, is pleased to announce “the appointment of Kenneth A. Goodwin, Jr. as the Director of Regulatory and Institutional Affairs.” Goodwin brings extensive experience in global banking and capital… Read More

May 16, 2022 @ 8:14 pm By Omar Faridi  |  

Following Kraken’s listings of Bifrost (BNC), Bonfida (FIDA), and Origin Protocol (OGN) for most countries, the digital asset firm is pleased to announce “the availability of these tokens for residents of the United States and Canada.” Funding and trading are now live. You may keep… Read More

May 16, 2022 @ 6:41 pm By Omar Faridi  |  

Sudozi, a financial software innovator, recently announced new solutions to help finance teams automate workflows and improve spend decisions, as well as “the close of a $4.3 million seed round led by Pear VC with participation from S3 Ventures and Mischief.” Founded by the former… Read More

May 10, 2022 @ 11:18 pm By Omar Faridi  |  

Neo Financial is pleased to confirm that they recently secured $185 million in new funding “to continue building better, more modern financial services for all Canadians.” According to Neo Financial, this is “a historic milestone for [them,] as [they] are now one of only a… Read More

May 4, 2022 @ 11:41 pm By Omar Faridi  |  

Simplii Financial has launched a new online and mobile banking feature for clients, “enabling recurring and future-dated Interac e-Transfer® transactions to be set up or scheduled up to five years into the future.” Vineet Malhotra, Head, Simplii Financial, stated: “Our clients have been asking for… Read More

May 3, 2022 @ 9:52 pm By Omar Faridi  |  

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

May 1, 2022 @ 9:19 pm By Omar Faridi  |  

Square recently announced the launch of Square Loans in Canada, giving small businesses quick and simple “access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square Loans “proactively surfaces customized offers to eligible sellers, providing them… Read More

April 21, 2022 @ 11:18 pm By Omar Faridi  |  

QuadFi, which claims to be a “mission driven” global fintech firm headquartered in Canada, has announced that it entered into an agreement for “a new financing facility of up to $100 million (CAD $127 million) with Crayhill Capital Management, a New York-based minority-owned private credit… Read More

April 9, 2022 @ 9:26 am By Omar Faridi  |  

PXP Financial Inc., the US division of PXP Financial Ltd., a key player in global acquiring, payment, fraud and data analysis services, recently announced its launch in Canada. Ontario is the next major territory for sports betting since New Jersey became one of the first… Read More

April 6, 2022 @ 10:07 pm By Omar Faridi  |  

  CoinSmart Financial Inc., which claims to be one of Canada’s leading crypto-asset trading platforms, has announced its investment in NFT cross-bridge marketplace, Curate. The partnership agreement reportedly “includes an undisclosed investment from CoinSmart in Curate’s NFT Marketplace, with an option to acquire a majority… Read More

April 5, 2022 @ 8:18 pm By Omar Faridi  |  

Payments Canada has announced the selection of Tata Consultancy Services (TCS) (BSE: 532540) (NSE: TCS), a global IT services, consulting and business solutions organization, “as the integration lead for Canada’s real-time payment system, the Real-Time Rail (RTR).” TCS will help plan and orchestrate activities “with… Read More

March 30, 2022 @ 9:37 pm By Omar Faridi  |  

Crypto rewards platform Cultos recently announced that it has teamed up with gaming company Secret Pirates in order to launch “an exclusive loyalty program for Lumiii, the decentralized edutainment ecosystem.” Lumiii’s animated series, The Secret Order of Lumiiis™, and its blockchain games empower players and… Read More

March 25, 2022 @ 11:06 am By Tony Zerucha  |  

The Government of Canada this week named its open banking lead. Abraham Tachjian was named to the post by the Hon. Randy Boissonnault, Minister of Tourism and Associate Minister of Finance. Tachjian is currently a director in the financial services practice at PwC Canada, where… Read More

March 24, 2022 @ 3:57 pm By Omar Faridi  |  

Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

March 21, 2022 @ 2:16 pm By Omar Faridi  |  

Following digital asset firm Kraken’s listing and staking of MINA tokens for most nations, the firm is pleased to confirm the availability of Mina trading and staking “with up to 20% in yearly rewards for residents of the USA, Canada and Australia.” Funding and Trading… Read More

March 12, 2022 @ 8:41 pm By Omar Faridi  |  

Lendable, an AI-enhanced consumer finance platform, has announced a £210 million funding round at a valuation “in excess of £3.5 billion.” The round has reportedly been led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). TIP focuses on… Read More