Tagged: canada

Blockchain Intelligence Group Expands Operations with Foreign Government, Law Enforcement Partnerships

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to announce a significant milestone in Blockchain Intelligence Group’s growth and global expansion strategy. Blockchain Intelligence Group has signed 1… Read More

CenterPoint, the Division of Independent Prime Broker Clear Street, Introduces Products in Canada

CenterPoint, the active trading division of New York-based independent prime broker Clear Street LLC, announced that its products and services are available in Canada through Clear Street Canada Inc. CenterPoint’s products, services, and partnerships “include advanced routing and execution, real-time access to market data feeds,… Read More

Canadian Fintech Nuvei Corporation Selected by Curve to Provide Alternative Payment Methods

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces that it has been selected by Curve, the financial super app that consolidates your cards into one smart card, to provide card acquiring and alternative payment methods (APMs) for consumer transfer of funds to and from… Read More

Cybersecurity and Privacy Institute at University of Waterloo Receives Investment from Mastercard

Mastercard (NYSE: MA) and the Cybersecurity and Privacy Institute (CPI) at the University of Waterloo have announced a $550,000 partnership focused on research and talent advancement in cybersecurity. The funding will support projects that increase “Trust in Data” around: fingerprinting, identification and validation, and data… Read More

Canada Tech Startup Ecosystem Continues to Attract Substantial Funding, Despite Recent Decline – Report

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: Canada Tech – Q3 2023. The report, based on Tracxn’s extensive database, “provides insights into the Canada Tech space.” The Canada Tech startup ecosystem “received its highest-ever funding of $5.12 billion in… Read More

Fintechs Canada Introduces Campaign Asking Ottawa to Improve Nation’s Financial Industry

Fintechs Canada launched the “Choose More” campaign, an initiative to raise awareness of how our financial sector could better serve Canadian consumers and businesses. The campaign is a response to the significant financial strains Canadians are experiencing: Canadians are paying thousands of dollars in banking… Read More

Canada Reaches $11.7T in Payment Transactions in 2022, Up 7% in Value from 2021 – Report

Payments Canada released its annual Canadian Payment Methods and Trends 2023 report, which analyzes 20.5 billion payment transactions “made in 2022 totaling $11.7 trillion (more than $475 billion every business day) and highlights the trends shaping the Canadian payment landscape.” Year-over-year trends: Credit and debit… Read More

Fintech Clearco Raises $60M Series D Led by Inovia Capital and Founders Circle Capital

Toronto-based fintech Clearco announced the completion of multiple actions to recapitalize its business and solidify its position as the leading provider of growth capital to e-commerce businesses. The transactions include “a $60M equity raise from existing investors and a new asset-backed financing facility, which provides… Read More

Fintech Adoption Rates, VC Funding in the UK, Canada, Singapore, Hong Kong Remain Steady – Report

Canada has the highest growth rate of fintech adoption across six markets, according to research shared by Tipalti. A new study, conducted by Tipalti, analyzed factors “such as global fintech adoption rates, Google searches for fintech by country and the regions that have the highest… Read More

Fintech Square Introduces Software That Turns Android Devices Into Payment Tech in Canada

Square, part of Block (NASDAQ:SQ), launched Tap to Pay on Android for sellers across Canada. The new technology enables businesses “to securely accept credit card contactless payments with a compatible Android device, at no additional cost.” With Tap to Pay on Android, Square claims it… Read More

Canadian Wealth Management Platform d1g1t Raises Equity, Debt Funding

d1g1t, a Canadian institutional-grade wealth management platform for Financial Advisors, RIAs, and Multi-Family Offices, announced that it has closed a combined equity and debt financing round. U.S. based existing investor MissionOG led the equity investment, which included participation of other top existing institutional investors: CI… Read More

Canada: Cloud Adoption Leading to Accounting and Bookkeeping Sector Growth, Report Claims

Xero, the global small business platform, announced the release of its State of the Industry Report for Canada, which found that the country’s accounting and bookkeeping firms have experienced widespread revenue and profit growth, “linked to the adoption of new operating models and cloud solutions.”… Read More

Galaxy Digital to Scale UK, European Operations with New CEO Appointment

Galaxy Digital Holdings Ltd (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors, announced that Leon Marshall has been named Chief Executive Officer of Europe. In this newly formed role, Mr. Marshall will be “responsible for overseeing… Read More

Majority of Small Businesses in Canada Cited Inflation as Impacting Cash Flow Management in Past 6 Months – Survey

A survey from Xero, the global small business platform, has revealed that over half (53%) of small businesses in Canada “cited inflation as impacting their cash flow management in the last six months.” Some businesses have been so heavily impacted “that nearly one-third (31%) of… Read More

evolutionQ Engaged by Bank of Canada to Conduct Research on Quantum-Safe Tech for Virtual Currencies

evolutionQ, a quantum-cybersecurity company, is pleased to announce a contract to contribute to a Bank of Canada research project involving quantum-safe cybersecurity technologies for greenfield digital currencies. This work highlights the commitment of evolutionQ “to understanding the risk posed by quantum computers to emerging financial… Read More

Digital Assets: Research Analyst Says Asia, Europe Might Take Larger Share of Crypto Market Due to Regulatory Uncertainty in the US

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ), has shared key insights with CI. SEC vs Service Provider Developments Keeps Market Volatility Up Bitcoin (BTC) closed last week “around $26,000, a 0.5% decrease in price from… Read More

BIGG Digital Assets Reports Latest Financial Results

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

Global Digital Disbursements in Canada Introduced by Bank of America via Interac e-Transfer

Bank of America (NYSE: BAC) is announcing the launch of its alias solution, Global Digital Disbursements to its commercial clients holding deposit accounts at the bank’s branch in Canada. Global Digital Disbursements facilitates “the processing of multiple B2C payments and C2B collections where the identifier… Read More

Synechron, a Digital Transformation Firm Focused on Financial Services, Opens New Canada Office

Synechron, Inc., a global digital transformation consulting firm focused on the financial services and big technology organizations, announces the opening of its new Canada Delivery Center, located in the heart of the Montreal financial district. This expands Synechron’s Canadian footprint and “enables it to consult… Read More

Crypto Adoption: Coinbase Launches Business Operations in Canada

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

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