Tag: Canada
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...
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...
Canadian startup Chexy seizes CAD1.3m in a pre-seed round
Chexy, described as Canada's pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD.