Canada

Canada-Based Real Estate Investing Platform BuyProperly Raises $2 Million Through Latest Investment Round Led By Nurture Ventures

  BuyProperly, a Canada-based real estate investing platform, announced on Tuesday it raised $2 million through its latest investment round, which was led by Nurture Ventures with follow-on participation from FastBreak Ventures and notable angel investors. Founded in 2019, BuyProperly describes itself as an online marketplace… Read More

Mogo Set to Acquire Canadian Broker-Dealer Fortification Capital

    Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it is set to acquire Fortification Capital Inc., a Canadian registered investment dealer. According to Mogo, the acquisition will bring order execution only (OEO) registration capabilities, which… Read More

Legal Analysis: NFT Lawsuit Alleges Sale of NBA Top Shot Moments by Dapper Labs Violates Securities Laws

A newly filed lawsuit alleges that the sale of NBA Top Shot “Moments” is in violation of the federal Securities Act of 1933, which is a law that aims to ensure investor protection when acquiring publicly-traded securities. Michael McCann and Jacob Feldman from Sportico note… Read More

Digital Asset Payment Service Provider Banxa Integrates its Crypto to Fiat Gateway with Bancor

Banxa, an established payment service provider (PSP) for the crypto-asset sector, has reportedly integrated its crypto-to-fiat gateway with Bancor, a liquidity protocol enabling automated cross-chain swaps and liquidity provision to various digital tokens. Through this latest integration, Bancor users will have the option to buy… Read More

Canadian Digital Banking Platform Relay Secures $19.4 Million

Relay, a Canada-based digital banking platform for small businesses, announced on Thursday it raised US$19.4 million in funding, which includes US$15 million through its Series A funding round that was led by Bain Capital Ventures and seed round of $4.4 million led by Better Tomorrow… Read More

Canada-Based Blockchain Data Provider Covalent Sells $10 Million Worth of Native Token “CQT” in a CoinList Sale

  Covalent, a Canada-based blockchain data provider, announced on Monday it has sold $10 million worth of native token CQT through a CoinList token sale. Founded in 2018, Covalent describes itself as a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. The company reported that its… Read More

Mogo Announces Partnership With Fundstrat

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Thursday it has teamed up with Fundstrat, to provide MogoMembers with exclusive access to crypto nd other equity research from FSInsight LLC (FSI), which is Fundstrat’s independent research firm. Mogo… Read More

Canadian Fintech Mogo Announces Corporate Investment in Ethereum

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it has purchased approximately 146 Ether (ETH) at an average price $2,780. The company reported that its Ethereum investment is consistent with management’s plans to increase its on-balance… Read More

TD Bank Announces Completion of Wells Fargo’s Canadian Direct Equity Finance Business Acquisition

    TD Bank announced on Monday it has completed the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business. TD Bank reported that the acquisition adds scale and capabilities to its existing Canadian Equipment Financing business and expands the bank’s presence in core markets. While… Read More

Wealthsimple Secures $750 Million Through Latest Investment Round; Now Has Post-Money Valuation of $5 Billion

  Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST… Read More

INX Limited Closes Token IPO Raising $85 Million

INX Limited reports that it has raised approximately $85 million in “the first SEC-registered token IPO.” INX is a digital asset company that seeks to provide a regulated trading platform for both digital securities and crypto. INX states that over 7200 investors participated in the… Read More

Canadian Digital Asset Custodian Brane Capital Now Seeking Approval for U.S. Trust Charter

Brane Capital, a digital asset custodian based in Canada, recently announced it has completed an extensive application filing process for a public trust company charter with the South Dakota Division of Banking. The company reported that the charter will allow it to offer the full… Read More

Milestone: TrustSwap Reports More Than $1 Billion in Cryptocurrencies Have Been Locked & Vested By Clients Through SmartLock Service

TrustSwap, a Canada-based full-service digital asset platform, announced on Thursday more than $1 billion in cryptocurrencies have been locked and vested by TrustSwap clients through their SmartLock service. Launched in the summer of 2020, TrustSwap describes itself as a distributed platform, cryptocurrency and protocol that… Read More

Digital Commerce Investor Clearbanc Rebrands to Clearco, Company Announces $100M in New Series C Equity Funding

Clearbanc, a leading digital commerce investor and the company “revolutionizing the way founders grow their businesses,” revealed on Tuesday (April 20, 2021) that it will be rebranding. The company also announced a $100 million in new Series C equity funding to support its ongoing growth… Read More

Global Payment Tech Nuvei Acquires Gaming Payments Platform Mazooma

  Nuvei, a global payment technology provider based in Canada, announced on Friday it is set to acquire Mazooma Technical Services Inc. a U.S.-based focused gaming and sports wagering payment technology provider for approximately $56 million, plus additional consideration subject to the achievement of specific… Read More

Coinsquare Completes Closing of Strategic Investment By Mogo

CoinSquare, a Canadian digital asset exchange, announced on Friday the closing of the previously announced strategic investment in Coinsquare by Mogo Inc. (NASDAQ:MOGO) (TSX: MOGO), a digital payments and fintech company. Coinsquare reported that per the investment agreement, Mogo has acquired a 19.99% ownership interest for… Read More

Marble Financial Completes Acquisition of Canadian Fintech Inverite

  Marble Financial Inc. (CSE: MRBL; OTC: MRBLF; FSE:2V0), an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit towards a better financial future, announced earlier this week it has closed the acquisition of Inverite Verification Inc.,… Read More

Former Polymath CEO Arrested for Sexual Assault: Report

Former CEO and co-founder of Polymath, Trevor Koverko, has been arrested in Toronto according to a report in the Toronto Sun. A well-known platform in the security token sector of blockchain, Polymath was an early entrant in the ongoing push to digitize securities. According to… Read More

Global Payments Provider Reach Appoints Tyler Barry As New CTO

  Reach, a global payments provider, announced on Tuesday it has appointed Tyler Barry as its new CTO. According to Reach, Barry has 20 years of experience in the tech industry and previously led the overall design and work of the technical teams to conduct the… Read More

10 High-Potential Fintech Firms Chosen for 11th Annual Fintech Innovation Lab New York

Ten high-potential technology firms have reportedly been chosen for 11th Annual Fintech Innovation Lab New York. As noted in the announcement (published on April 7, 2021), Fintech solutions aim to leverage AI and advanced data analytics to “address key industry challenges including sustainability.” As mentioned… Read More

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