Tagged: montreal

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

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

Canadian Fintech Flinks Acquires $103M Investment from National Bank of Canada

The National Bank of Canada (TSE: NA) has reportedly invested $103 million in Flinks, including $30 million in growth capital “towards acceleration of the Montreal-based fintech’s expansion activities in North America,” according to a release. As mentioned in the announcement, the investment has been made… Read More

Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM

New York-based tech giant IBM Corp. (NYSE:IBM) has acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities. Expertus has now been added… Read More

Intuit’s QuickBooks Accounting Software May Now Access Financial Data Provided by Bank of Montreal Customers via New API

The Bank of Montreal (BMO), a Canadian multinational investment bank and financial services company with over 45,000 employees and a more than 850 billion CAD in assets, has created an API portal to allow small business clients to easily and securely share their data with… Read More

Quebec’s Autorité des Marchés Financiers (AMF) to Award Grants to Researchers Studying Impact of COVID-19 on Fintech Ecosystem

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

Contactless Payments: Mobeewave, a Platform for Accepting In-Person Payments with No PIN Entry, to Support High-Value Transactions

Canada-based Mobeewave, a certified platform that allows mobile app users to accept in-person payments without requiring extra hardware, is introducing several new features that aim to remove existing contactless payments limits for retailers and consumers, by using the Fintech firm’s proprietary tap-to-phone technology. Mobeewave’s payment… Read More

Canada’s Fintech Firm Mylo Raises $10 Million via Series A Investment Round Led By National Bank’s VC Division

Montréal, Quebec-based Mylo, a Fintech firm launched with the social mission to help people achieve their financial goals, has acquired $10 million in financing for its app that lets users automate their saving and investors. Mylo’s Series A investment round was led by Canadian National… Read More

National Bank of Canada Launches CAD $100,000 Innovation Competition

The National Bank of Canada, the sixth-largest commercial bank in Canada with around 2.4 million clients, is launching a project that aims to bring together local startups, students and developers throughout the country. Those who participate in the Innovation Competition will have to develop various… Read More

Montreal Mobile Payment Startup Mobeewave Closes Series B Round Led by NewAlpha, Mastercard & Forestay Capital

Mobeewave, an in-person contactless payment acceptance platform, has closed a US$16.5M Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The strategic funding will enable Mobeewave to continue to deploy in global markets and develop new product offerings. “We are delighted… Read More

Finance Montréal Announces Launch of the Montréal FinTech Station

Finance Montréal announce on Monday the launch of the Montréal FinTech Station, which had financial support from the Government of Québec. According to Finance Montréal, the Montréal FinTech Station’s mission will be to support the development of new businesses in the financial technology sector as well as help… Read More

Autorité des Marchés Financiers Launches Fintech Lab

In an attempt to enhance their understanding of the Fintech industry, the Autorité des marchés financiers (AMF) in Quebec, Canada, has announced the creation of a Fintech Lab. The Fintech Lab, which will be accessible to all AMF employees contributing to the projects of the Fintech… Read More

Founders du Haÿs and de Nanclas Comment on Montreal’s Mobeewave New P2P Payment AppPayMeTap

Montreal-based FinTech company Mobeewave has launched its mobile P2P payment application PayMeTap to people across Canada. This free application allows users to securely accept a payment by tapping their phone with a credit card. Available for Android in the Google Play Store, PayMeTap aims to enable… Read More

Montreal Startup Mosaic Manufacturing Hits Kickstarter With New 3D Printer Technology The Palette

This morning, Montreal-based Mosaic Manufacturing launched a Kickstarter campaign to raise $75,000  for its new product,The Palette. The Palette is a technology that transforms virtually every 3D printer on the market into a multi-color printer, and allows existing machines to create functional electronic parts. Mosaic designed the device… Read More

Canadian Company Hits Kickstarter With New Virtual Reality Headset The Totem

Earlier this month, Montreal-based Vrvana, Inc. launched a crowdfunding campaign on Kickstarter to raise $350,000 for its new full-featured virtual reality headset, Totem. The device is described as a “premium developer kit” that has unique features and plenty of onboard horsepower to experience immersive and… Read More

Six Cool Projects From Kickstarter Canada’s First Day

Now that we’re all collectively celebrating the launch of Kickstarter support for projects seeking funding in Canadian dollars, let’s take a look at six projects that have taken advantage of this new aspect of Kickstarter’s service. (As always, caveat emptor!) Nix Color Sensor [Toronto] The… Read More

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