Tag: Canada

Objectway acquires Nest Wealth, bolstering global WealthTech presence and innovation

Objectway, which specialises in delivering comprehensive as-a-service software and services tailored for banks, wealth, and asset managers, has acquired Nest Wealth, a distinguished Canadian firm known for its leading digital WealthTech solutions.

Koho raises C$86m to reinvent banking in Canada

Canadian company Koho, known for its innovative approach to banking, has recently marked a significant milestone by raising C$86m. 
Navigating KYC and AML in 2023: Trends and challenges in the banking sector

Navigating KYC and AML in 2023: Trends and challenges in the...

2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...

Canada’s Department of Finance Advisory Committee recommends steps towards open banking

Canada's Department of Finance Advisory Committee on Open Banking has issued its final recommendations report, marking a pivotal step in the nation's journey towards embracing Open Banking.

FlipGive nets CAD$5m to expand cashback rewards platform for sports

FlipGive, a platform that offers cashback rewards and an end-to-end fundraising solution for youth sports teams, has secured CAD$5m. 

Canadians hesitant to adopt CBDC due to lack of incentives and...

A recent report from the Bank of Canada reveals that there is a limited appetite among Canadians for the adoption of a CBDC.

Unravelling Canada’s new deemed ownership rule in sanctions compliance

RegTech firm Sigma Ratings recently provided a guide for companies to stay ahead of changing sanctions in the Canadian market.

Canada’s Peloton Technologies’ funding hits $2m

Peloton Technologies, a Canadian FinTech company focused on innovating payment solutions, is marking a new milestone in its journey.

Sun Life seals $500m sustainability bond offering, bolstering green and social...

Sun Life Financial Inc., an international financial services titan offering asset management, wealth, insurance, and health solutions, has recently celebrated the successful completion of its public offering in Canada.

Canadian FinTech deal activity on track to report five year low...

Key FinTech investment stats in Canada, Q1 2023: • Canadian FinTech companies raised a combined $286m in the first quarter of 2023, an 85% drop...

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