Canada

June 15, 2025 @ 6:46 pm By Tony Zerucha  |  

Polymath is reaping the rewards from years of careful preparation and forethought. Now, as asset tokenization prepares for takeoff, Vince Kadar’s company is front and center. Its origins date back to 2017-18, when Polymath became the first organization building an app on Ethereum. That app… Read More

June 13, 2025 @ 3:23 pm By Omar Faridi  |  

In a significant development for Canada’s financial technology sector, fintech companies are now navigating stricter regulations surrounding environmental claims under recent amendments to the Competition Act. As reported by the National Crowdfunding & Fintech Association (NCFA Canada), these changes, enacted through Bill C-59 in June… Read More

June 12, 2025 @ 7:14 pm By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a profound transformation, driven by rapid technological advancements and shifting consumer behaviors. According to recent analyses from Payments Canada, the rise of e-commerce and digital payments is reshaping how Canadians transact, while the growing sophistication of fraud demands innovative defenses…. Read More

June 9, 2025 @ 9:22 pm By JD Alois  |  

Frontfundr is the dominant platform in the Canadian investment crowdfunding sector. On May 29th, the platform celebrated ten years of online capital formation. In a public statement, Frontfundr shared that since its inception, it has helped raise a total of $285 million. This amount entailed… Read More

June 2, 2025 @ 5:38 pm By Omar Faridi  |  

Mastercard (NYSE: MA) introduces Touch Card by Mastercard in Canada, a tactile notch feature designed to help empower the sight loss community. Touch Card is available on the new CIBC Adapta Mastercard, “helping bring security and independence during the payment process.” Eight in ten Canadians agree… Read More

June 2, 2025 @ 12:17 pm By Tony Zerucha  |  

Transcard has announced a strategic partnership with Thredd to support the rapid global expansion of the SMART Suite, a fully embedded and automated AI payment orchestration platform. Now live in Canada and soon in the UK, the partnership expands payment method optionality for customers and recipients for… Read More

June 1, 2025 @ 5:23 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has announced a series of transformative updates in Spring 2025, showcasing its commitment to enhancing trading experiences, enabling innovation, and supporting community engagement. These updates include expanded futures trading capabilities, a strategic approach to steady business growth, and a multisport partnership in Canada…. Read More

May 30, 2025 @ 12:36 pm By Omar Faridi  |  

Shakepay Inc. recently noted that their CIRO-regulated securities dealer has officially joined Payments Canada. Shakepay also mentioned that they are joining an “exclusive” group of fintechs, and this milestone marks a significant step “towards bridging the gap between the crypto industry and traditional finance in… Read More

May 27, 2025 @ 4:44 pm By Omar Faridi  |  

Fintech startup Keep has emerged from stealth mode with a significant C$33 million in equity financing. The company aims to establish itself as the Canadian equivalent of Brex, the U.S.-based fintech known for its corporate spend management solutions. This infusion of capital positions Keep to… Read More

May 25, 2025 @ 3:29 pm By Omar Faridi  |  

Mantle, the “sustainable” hub for on-chain finance with over $3 billion in Total Value Locked (TVL), announced a partnership with Republic Technologies, the Ethereum (ETH) treasury of publicly listed Canadian company Beyond Medical Technologies Inc. This partnership marks a milestone “in institutional cryptocurrency adoption, positioning… Read More

May 23, 2025 @ 10:33 am By Omar Faridi  |  

TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on digital transformation and artificial intelligence (AI). The announcement, made under the leadership of newly appointed… Read More

May 20, 2025 @ 11:13 pm By Omar Faridi  |  

The Canadian Securities Exchange announced that it has entered into an agreement with NSX Limited (ASX:NSX), parent company of the National Stock Exchange of Australia, to acquire, pursuant to “a Scheme of Arrangement, NSX for all-cash consideration of AUD$0.035 per fully paid ordinary share.” The… Read More

May 19, 2025 @ 7:15 am By Omar Faridi  |  

Nuvei, the Canadian fintech company, announces its membership in the European Payments Initiative (EPI), reportedly becoming one of the payment services providers to enable ecommerce businesses to accept Wero, EPI’s digital wallet, in their online checkouts. Wero facilitates instant account-to-account (A2A) transfers using SEPA Instant… Read More

May 18, 2025 @ 10:46 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to announce a strategic investment in APX Lending by BIGG Digital Assets and the formation of a partnership between APX Lending and Netcoins…. Read More

May 16, 2025 @ 4:02 pm By Omar Faridi  |  

On May 16, 2025, Galaxy Digital Holdings Ltd. (TSX:GLXY) (NASDAQ:GLXY)began trading on the Nasdaq Global Select Market, marking a significant milestone for the company and the broader digital asset industry. The company’s shares opened at $23.50 closing at $22.80 after topping $25 a share. Galaxy… Read More

May 13, 2025 @ 3:03 pm By Omar Faridi  |  

MPOWER Financing, a fintech focused on international student financing, announced the completion of its second securitization, MPOWER Education Trust 2025-A. The $313.2 million collateral pool is “composed of U.S. dollar-denominated, fixed-rate loans made to international students attending American and Canadian universities.” The securitization size exceeds… Read More

May 13, 2025 @ 1:57 pm By Omar Faridi  |  

Crypto.com Canada announced that it received a restricted dealer registration on May 8, 2025 in each of the provinces and territories of Canada. The restricted dealer registration allows Crypto.com Canada to continue offering crypto-assets products and services to Canadians while it seeks registration as “an… Read More

May 13, 2025 @ 7:46 am By JD Alois  |  

Robinhood (NASDAQ: HOOD) has signed an agreement to acquire WonderFi (TSX: WNDR) (OTCQB: WONDF) in a move designed to boost its presence in Canada. WonderFi will become part of Robinhood Crypto, the company’s digital asset subsidiary. In a blog post, Robinhood said that WonderFi operates… Read More

May 12, 2025 @ 4:15 pm By Omar Faridi  |  

Eventus, a provider of trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s financial services platforms, serving “more than three million clients, with $50+… Read More

May 10, 2025 @ 1:30 pm By Omar Faridi  |  

Canada’s payment landscape is undergoing a transformative shift, driven by technological innovation as well as collaborative efforts across the financial ecosystem. Two significant developments highlight this evolution: the ongoing progress of the Real-Time Rail (RTR) payment system and the vibrant discussions at the 2025 Payments… Read More