VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
FinTech
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
Vybe aims to make it easy for anyone to access data on Solana.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Hopper rolls out new FinTech products as it aims to build a “travel super app”
CEO says FinTech products make B2B play more sticky.
Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
Clearco expands to Germany while cutting staff in Ireland
The cuts come three months after Clearco promised to hire 125 people in Ireland.
F|T: The FinTech Times – Canada’s FinTech super app is here
Plus: Pine comes out of stealth to build the “Wealthsimple for home buying”.
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
Wealthsimple launches FinTech super app, combining startup’s financial products
What’s “better than a bank?” Mike Katchen thinks it’s a super app.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
F|T: The FinTech Times – Crypto losses mount as Canadian companies join anti-money laundering standard
Plus: A third of Bolt’s staff checks out.
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Wealthsimple among international group of companies joining anti-money laundering crypto standard
Coinbase, Gemini among crypto companies leading the TRUST charge.