Bank of Canada orders XTM to cease retail payment activities after investment regulator halts trading of its stock
Bank cites “serious concerns” that XTM failed to safeguard client funds as customers report missing money.
FinTech
Elle, MD, Hiive, and LiORA among latest CIX Startup Awards winners
Annual awards recognize top emerging, early-stage, and growth-stage Canadian startups.
Trust Science acquires Lenders API to build fraud defence system for lenders
Edmonton FinTech plans to integrate Toronto company’s solution into its decision-management infrastructure.
Everyday Payments customers allege their money is missing
Restaurants report missing balances as platform operators trade explanations.
Vena moves into “orchestrated” financial planning with Acterys acquisition
Acterys CEO claims deal combines “the best of both worlds” across finance and IT.
The startup bringing a piece of America’s FinTech stack to Canada
Slate’s embedded lending infrastructure was purpose-built for Canada.
FrontFundr posts breakout quarter following Gander Social’s success on its crowdfunding platform
Company grew its community by 10 percent in its first fiscal quarter of 2026.
Float, Wise, Koho, Paramount, and Brim join Payments Canada
New members are now eligible to apply for access to the upcoming real-time rail system.
Float secures nearly $100 million in debt to expand credit products for Canadian businesses
FinTech startup says its revenue has grown roughly 70 percent year over year.
Deck co-founders call non-compete lawsuit from former employer National Bank “frivolous”
Defendants deny claims that they’ve built a competing FinTech business.
Chata Technologies closes $10-million USD Series A to scale deterministic AI model
Calgary startup targets financial sector with AI model built to give consistent answers.
Portage strikes deal to manage Point72 Ventures FinTech assets in Steve Cohen and Goldman Sachs-backed fund
Power Corp.’s FinTech investment arm makes first formal foray into secondary investments.
Slate raises $1.3 million to deliver embedded lending infrastructure to Canadian platforms
Vancouver startup aims to help firms provide SMB loans without building infrastructure.
Polygon buys blockchain startup Sequence to power its stablecoin push
Sequence’s modular crypto infrastructure will support payments platform powering Stripe and Polymarket.
Canadian small businesses finally have what they’ve been waiting for: a timeline for consumer-driven banking
The feds’ commitment to accelerate consumer-driven banking is a massive win for entrepreneurs.