Tagged: canada

July 10, 2020 @ 7:54 am By Samantha Hurst  |  

Senso, a Canadian cloud-based AI platform that enables financial service providers to manage and grow their consumer credit portfolios, has reportedly secured $3 million through its pre-Series A funding round, which was led by Mendoza Ventures and BreakawayGrowth. Founded in 2016, Senso stated it is… Read More

July 3, 2020 @ 11:02 am By JD Alois  |  

In its 6th year, FFCON isn’t just about bringing people together. It’s an experiential environment designed to bring opportunities to life.  When you bring smart people together and facilitate engagement, debate and sharing ideas, the opportunities flow. FFCON is designed to forge crucial relationships between… Read More

June 30, 2020 @ 10:19 am By Samantha Hurst  |  

Global payments platform PayPal (NASDAQ:PYPL) recently announced it has rolled out QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. PayPal reported that the new functionality allows customers to buy or sell in-person, safely, and securely… Read More

June 29, 2020 @ 11:53 am By Samantha Hurst  |  

VoPay, a Canada-based payments platform, announced on Monday it has formed a partnership with real-time bank certification service Inverite to deliver its open banking payment solution to more than 285 Canadian financial institutions. VoPay reported that through the partnership, businesses may now offer more consumers… Read More

June 28, 2020 @ 11:30 pm By Samantha Hurst  |  

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) reported it has put into operation its recently acquired 1,090 Bitmain Antminer T17+ 58 Terahash per second (TH/s) SHA 256 mining machines at its green energy-powered bitcoin mining operation in Quebec. “Combined with the recently installed 750 Bitmain Antminer S17+… Read More

June 28, 2020 @ 5:21 pm By Omar Faridi  |  

Calgary-based Fintech firm Helcim has developed and introduced a comprehensive platform to help companies accept payments and conduct business online. Helcim claims that there has been a significant increase in sales. The Canadian Fintech also noted that it will waive monthly fees for using the… Read More

June 19, 2020 @ 2:45 pm By Samantha Hurst  |  

Remitr, a Canada-based business payments platform, announced earlier this week the launch of its global business accounts. Remitr claims that its Remitr GBA replaces the “hassle” of cheques and wire transfers or the need to set up a foreign account.  “Remitr Global Business Account (GBA) offers Canadian… Read More

June 16, 2020 @ 1:58 pm By Samantha Hurst  |  

  Credit Sesame, a personalized credit service and financial wellness company, announced on Tuesday it has completed its acquisition of Canadian challenger bank STACK. According to Credit Sesame, the acquisition marks the beginning of the company’s international expansion. Credit Sesame and STACK began a partnership in… Read More

June 9, 2020 @ 7:41 am By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has formed a partnership with DCBank to provide an instantly activated and loaded prepaid Mastercard through a cash accepting kiosk. XTM reported that Kiosks will be placed… Read More

June 6, 2020 @ 2:14 pm By Omar Faridi  |  

Toronto-based Manzil, a Fintech firm that provides halal (permissible for Muslims) financial services and solutions including mortgages, wants to give the public an opportunity to invest in the firm via a private placement conducted on FrontFundr, a Canada based crowdfunding platform. Manzil’s management noted that… Read More

June 5, 2020 @ 3:33 pm By Samantha Hurst  |  

Canada-based point-of-sale financing and payment tech provider Flexiti recently announced it has teamed up with Visions Electronics, a retailer for electronics with locations across Canada, has launched its point-of-sale technology. Flexiti reported its financing solution is now available in all 43 retail locations in addition… Read More

June 4, 2020 @ 9:09 am By Samantha Hurst  |  

WealthyPlanet, a Canada-based online financial planning company, announced on Wednesday it has formed a new partnership with Smart Money Capital Management Inc. (Smart Money Invest) to provide low-cost exchange-traded funds (ETFs) and online investment advice to WealthyPlanet clients. WealthyPlanet describes ETFs as “smart and convenient… Read More

June 2, 2020 @ 11:15 pm By Omar Faridi  |  

Scotiabank (TSX: BNS), the third-largest bank in Canada, which has been exploring ways to upgrade its systems to make them quantum-resistant, has launched a new information portal for seniors, known as “Bank Your Way,” which will serve as a tool to help clients navigate all… Read More

May 31, 2020 @ 10:24 pm By Omar Faridi  |  

Global analytics software firm FICO reports that Malaysian consumers are more comfortable with using their mobile devices to open and manage bank accounts when compared to US and Canadian residents. FICO’s Consumer Digital Banking Survey reveals that 23% of Malaysians would rather open a bank… Read More

May 26, 2020 @ 2:03 pm By Omar Faridi  |  

The Fintech AMF – Finance Montreal Research Chair is actively looking for initiatives that explore the potential impact of COVID-19 on the Fintech industry, the Autorité des marchés financiers, or AMF (Quebec’s financial regulator), has confirmed. There are reportedly eight different research grants that will be… Read More

May 26, 2020 @ 10:57 am By Samantha Hurst  |  

Canadian marketplace lending platform LendingArch announced on Tuesday it is accelerating its plans to expand into the U.S. in response to the increased demand for loans and debt relief during the COVID-19 pandemic. Founded in 2015, LendingArch describes itself as a modern finance company reinventing… Read More

May 26, 2020 @ 9:48 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it is using the Interac Bulk eTransfer solution offered by RBC (TSE: RY) to help its business clients facilitate near real-time payments. According to XTM, the solution allows XTM customers or Today… Read More

May 19, 2020 @ 2:11 pm By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has signed an additional 80 food delivery stores for its Today Card and Mobile Wallet program. XTM reported it continues to sign up a record number of restaurant delivery… Read More

May 8, 2020 @ 10:40 am By Omar Faridi  |  

Canada-based Symend, a company that helps utilities and financial service providers with identifying and assisting customers who may be struggling to pay their bills, has secured $52 million in funding through a Series B investment round led by Inovia Capital. Other investors in the firm’s… Read More

May 6, 2020 @ 5:27 pm By Samantha Hurst  |  

Boosted.ai, a Canada-based fintech, announced on Wednesday it raised $8 million USD Series A financing round, led by Portag3 Ventures with participation from Dunamu & Partners and Polar Equity Partners. Founded in 2017, Boosted.ai reported that it works with financial firms to enhance their investment… Read More