Targeted by activist investor, Bitfarms chairman and co-founder Nicolas Bonta steps down
The board shakeup follows Bitfarms adopting a second ‘poison pill’ after its first was struck down.
FinTech
BC Securities Commission panel finds crypto platform ezBtc diverted one-third of customer funds to gambling, personal accounts
In one case, BCSC found that a customer’s bitcoin deposit was transferred to a gambling website within 14 minutes.
Merchant-focused FinTech startup Sona acquired by Celero Commerce
Bootstrapped Nova Scotia startup to boost Celero’s annual card volume to $26 billion across North America.
Is Canadian FinTech making a comeback?
Plus: Vancouver says goodbye to INNOVATEwest after welcoming Web Summit.
What Vault’s co-founder learned at Revolut
Saud Aziz explains what it takes to build a locally-grown business banking platform in Canada.
Power marks up value of stake in Wealthsimple for third consecutive quarter
Hike to $1.5 billion CAD reflects rise in public markets and Wealthsimple’s performance.
National Bank reinvests as Walnut secures $4.6 million to expand embedded insurance capabilities
Telus, Diagram, Portage back Toronto insurtech startup’s platform development plans.
FinTech software firm PureFacts sells majority stake to New York-based GrowthCurve Capital
Deal reportedly values PureFacts at $250 million.
Nuvei posts 30% revenue growth in second quarter
Nuvei announced it plans to acquire Brazil-based Pay2All earlier this week.
Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk
Inscora plans to launch its “value-added cyber insurance” software by the end of 2024.
Three Canadian FinTech firms strike new partnerships
VoPay, Flinks, and Payfare have been tapped to power offerings for tech giants, credit union.
Airwallex continues Canadian expansion with Float partnership
Multinational FinTech to power Toronto-based Float’s recently launched bill pay offering.
Giving Canadians a fair shake
Shakepay wants to drive Bitcoin adoption in Canada, and it’s doing it in a van.
How Symcor is helping Canada get ready for open banking
Saba Shariff explains the crucial role of data exchange in Canada’s open banking future.
WonderFi working on Ethereum-based products with new innovation and development arm
Dubbed WonderFi Labs, the new arm is working on a Layer 2 blockchain and non-custodial wallet.