Tag: Canada

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.

BDC unveils $150m sustainability-focused tech fund

The BDC has launched a new $150m fund aimed at investing in Canadian firms advancing technologies towards climate goals.

Synctera teams with National Bank of Canada and raises $15m

Banking-as-a-service (BaaS) company Synctera has formed a partnership with the National Bank of Canada, alongside the close of a $15m strategic investment. The investment was...

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