Canada

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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Wealthsimple Raises US$ 610 Million, Canadian Celebrities Buy In

Wealthsimple, a Canadian online investment management service focused on millennials, announced that it has raised $610 million (C$750 million) in a funding round. This latest investment has pushed its valuation to about $4 billion (C$5 billion). The round was led by

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56 Fintech Billionaires Worth a Combined US$327B in 2021

There are 56 fintech billionaires around the world who combine a total net worth of US$327.7 billion, data curated by Finextra based on Forbes’ 2021 World’s Billionaires list show. These represent some of the world’s biggest and most successful fintech

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Global Mapping: Open Banking Key Players in 2021

Dutch payment news and intelligence the Paypers has released an updated version of its infographic of the global open banking ecosystem in 2021, mapping key solution providers and their core offerings and solutions. The map categories open banking companies in

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Neobanks Come for Kids and Teens

Neobanks and digital banks have set new standards in customer experience and expectations, pushing incumbents to get out of their comfort zone and innovate. After accumulating an estimated 39 million users worldwide, neobanks are now coming after the next generation,

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COVID-19 Accelerates Adoption of Contactless Payments

Consumers around the world are switching to contactless to help with social distancing, accelerating the adoption of contactless payments that was already under way With 15% penetration, contactless still has potential for further growth RBR’s Global Payment Cards Data and

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Central Bank Group Including SNB Assess Cases For Central Digital Currencies

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experience as

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New Report Sheds Light on Booming Challenger Bank Market

The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today, challenger banks are growing significantly and attracting big money. According to FT Partners’ newly released The Rise of Challenger Banks:

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