Canada
24 Fintech Events to Attend in the USA and Canada in Q2 2023
North America, and the USA in particular, has historically been the dominant force in fintech innovation, adoption and investment globally. The region is home to some of the world’s biggest and most successful fintech companies, and has continuously attracted the
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Nuvei Now an Official Sponsor of Mercedes-AMG PETRONAS F1 Team
Canadian payments company Nuvei has entered into a multi-year sponsorship agreement with the Mercedes-AMG PETRONAS Formula One Team ahead of the 2023 F1 season. From the 2023 Formula One™ season onwards, the Nuvei logo will appear on the helmet and
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Canadian Fintech Nuvei Acquires Paya in US$1.3 Billion Deal
Canadian fintech Nuvei announced that it has inked a deal to acquire U.S. payments firm Paya in an all-cash transaction for US$1.3 billion. Paya is a pure-play integrated payments platform serving customers in markets such as B2B, government, utilities, non-profit
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FNZ Raises US$1.4 Billion, Now Valued at US$20 Billion
FNZ, a global wealth management platform, announced that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners. CPP Investments had committed to pouring in a total of US$1.1 billion.
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90% Of North American Consumers Manage Money Through Financial Apps: Report
Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. The report found more than 80% of consumers in the US – and 90% of younger
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Canadian Corporate Card Startup Float Secures US$30 Million Series A
Float, a Canadian all-in-one corporate card and spend management solution, announced that it has closed US$30 million in Series A financing led by Tiger Global. Other investors include Golden Ventures, Susa Ventures, Global Founders Capital, Michael Hyatt, and A-Star. The
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Zurich Ties up With BOXX Insurance, Invests in Its Series A Fundraise
Zurich Insurance Group announced a global collaboration with Toronto-based insurtech BOXX Insurance (BOXX), which provides fully-integrated cybersecurity and insurance solutions for small-to-medium-sized businesses (SMEs), consumers and families. Technology has brought significant benefits to businesses and individuals – improving lifestyles and
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Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs
Nuula, a Canadian mobile application that gives small business owners instant access to critical business metrics, announced that it has raised US$120 million. The total funds secured are US$20 million in equity funding led by Edison Partners that will accelerate
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Canadian Travel Tech Firm Hopper Secures US$175 Series G Funding
Canadian travel tech company Hopper announced that it has completed a US$175 million Series G financing round led by New York’s GPI Capital. The fundraise also saw participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice. Hopper said
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Canadian ID Verification Firm Trulioo Raises US$394 Million, Valued at US$1.75 Billion
Trulioo, a Canadian global identity and business verification provider, announced that it has completed a US$394 million Series D round at a US$1.75 billion valuation. The Series D round was led by TCV, a growth equity firm, with participation from
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