Canada

April 29, 2020 @ 5:50 pm By Omar Faridi  |  

Surecomp, an established provider of international trade finance software for banks and corporations, will allow a select group of clients to use and test its Application Programming Interfaces (API) architecture. According to a release, the newly developed API architecture has been created to work with… Read More

April 29, 2020 @ 10:36 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Wednesday it has listed its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the “7XT” symbol. XTM reported its shares will now be cross-listed on the… Read More

April 26, 2020 @ 2:37 pm By Omar Faridi  |  

The largest financial institutions in Canada have reportedly spent over $71 billion (appr. C$100 billion) on technology since the financial crisis, in order to accommodate an increasing number of customers who now prefer to use digital banking platforms. According to several reports, the Coronavirus (COVID-19)… Read More

April 24, 2020 @ 12:19 pm By Samantha Hurst  |  

OneEleven, a Toronto-based technology incubator, announced on Wednesday it has officially ceased operations due to COVID-19’s economic impacts. Established in 2013, OneEleven describes itself as home to a community of high-performing technology scaleups, with global locations that provide unparalleled access to peer networks, investment capital,… Read More

April 22, 2020 @ 10:08 pm By Omar Faridi  |  

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

April 17, 2020 @ 1:21 pm By Samantha Hurst  |  

Canadian regtech company iComply Investor Services announced on Friday it has joined forces with Microsoft to offer its intelligent KYC and AML services through over 64,000 Microsoft solutions providers worldwide. The collaboration reportedly enables financial services providers to fast track their digital transition and enable a… Read More

April 16, 2020 @ 12:38 pm By JD Alois  |  

The National Crowdfunding and Fintech Association of Canada (NCFA) has published an open letter demanding the Canadian government to engage and leverage Fintechs to help in the battler against the COVID-19 crisis. Addressed to Canadian Prime Minister Justin Trudeau, along with several of his Ministers,… Read More

April 15, 2020 @ 4:31 pm By Samantha Hurst  |  

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) recently announced it acquired 30 Megawatts (MW) Cryptocurrency, which is located in Canada, for C$4 million. 30 MW was purchased from Cryptologic. HIVE reportedly issued 15,000,000 common shares to Cryptologic, which are notably subject to a four-month lock-up agreement,… Read More

April 13, 2020 @ 3:54 pm By Samantha Hurst  |  

Dealsquare, securities marketplace for private placements, announced on Monday it has achieved full digitalization of private placement process in Canada by launching its Version 2.0 platform. Founded in 2019, DealSquare describes itself as a centralized digital platform to access capital within the private markets, connecting capital… Read More

April 13, 2020 @ 1:25 pm By JD Alois  |  

Last week, 3iQ Corp. successfully commenced trading of The Bitcoin Fund (TSX:QBTC.U). The Fund was the product of an initial public offering (IPO) of units and a merger with 3iQ Bitcoin Trust. According to a company release, the Fund’s investment objectives are to provide holders… Read More

April 6, 2020 @ 10:52 am By Omar Faridi  |  

A Canada-headquartered firm is using blockchain or distributed ledger technology (DLT) to deal with the Coronavirus (COVID-19) crisis in the Latin American region. Toronto-based blockchain firm Emerge has introduced a public safety system app, known as Civitas, in order to help local authorities in many… Read More

April 3, 2020 @ 4:42 pm By JD Alois  |  

Interlapse Technologies Corp. (TSXV: INLA) (OTCQB: INLAF), the company that operates Bitcoin exchange Coincurve, has acquired BuyBitcoinCanada in a move to further consolidate its position as Canada’s top virtual currency operator. BuyBitcoinCanada was operated by Bitaccess Inc. Interlapse is a micro-cap currently trading at around… Read More

April 3, 2020 @ 11:51 am By Samantha Hurst  |  

Canadian regtech company iComply Investor Services announced earlier this week the launch of its new $2 million COVID-19 relief grant, the iComply for Good Services Grant.  According to iComply, iComply for Good‘s purpose is to strengthen the resilience, continuity, and remote operations capacity of our community organizations… Read More

March 25, 2020 @ 7:35 am By Omar Faridi  |  

Canada-based NorthOne, an established digital bank for small businesses, has decided to waive all account fees for thousands of its customers that have been affected by the coronavirus (COVID-19) outbreak. NorthOne’s management confirmed that it will be offering free banking services to all businesses in… Read More

March 19, 2020 @ 12:26 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) is the latest regulatory group to caution against the rise in Coronavirus, or COVID-19, scams. Nefarious actors and fraudsters are always looking for another angle to fleece the unsuspecting. The advent of the COVID-19 pandemic is no different. The CSA… Read More

March 18, 2020 @ 10:37 am By Samantha Hurst  |  

WealthyPlanet, a Canada-based online financial planning company, announced on Wednesday it has closed a seed funding round with Mercanti Management Inc. Founded in 2018, WealthyPlant states it gives Canadians “confidence” in their financial future by offering a free online planning tool with low-fee products and… Read More

March 13, 2020 @ 3:05 pm By Samantha Hurst  |  

PolicyMe, a Canada-based insurtech startup, recently announced it secured $3.3 million through its latest investment round, which was co-led by Consorcio – HCS Capital and Westdale Properties. Founded in 2018, PolicyMe is on a mission to simplify life insurance, offering customized, and automated advice for… Read More

March 12, 2020 @ 8:31 am By Samantha Hurst  |  

Bitfarms, a Canada-based crypto mining firm, announced on Wednesday the resignation of its CEO, Wes Fulford. The company reported that its Chief Strategy Officer and Director, Emiliano Grodzki, will act as interim CEO and will oversee the execution of the company’s plans in the near-term…. Read More

March 4, 2020 @ 11:55 am By Samantha Hurst  |  

U.S. fintech Brex announced on Wednesday the opening of its new office in Vancouver. The company reported that the location is its first-ever international office and will staff around 40 employees. The initial focus of the location will be software engineering and customer experience functions…. Read More

March 3, 2020 @ 2:44 pm By JD Alois  |  

Dozens of events around the world have been canceled or rescheduled. This includes Fintech focused events. Yesterday, the annual Paris Blockchain Week pushed the event to December. Today, the National Crowdfunding and Fintech Association (NCFA) annual conference, FFCON20, has been postponed to at least June… Read More