Canada
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
Read More
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
Read More
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
Read More
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,
Read More
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
Read More
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
Read More
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:
Read More
Meet the 8 Shortlisted Fintechs for the UK-Led Global Fintech Sandbox, GFIN
Last year, the UK’s Financial Conduct Authority (FCA) expressed intentions about launching a global sandbox, and just a few months later, announced a collaboration with regulators around the world to create that sandbox for innovative fintech firms to interact with
Read More
10 New Fintech Startups for F10 Accelerator in Zurich
F10 Incubator and Accelerator goes into its second round with the P3 «Product to Market Program». The one-day matchmaking event taking place on Thursday, 7th of March, complements the existing F10 portfolio of international hackathons and the Accelerator program. Its
Read More
Canadian Fintech Industry Set to Witness Strong Grow: Report
The Canadian fintech industry has seen tremendous growth in recent years and is expected to continue to expand exponentially as collaborations between fintechs and traditional financial institutions, new and improved regulations, and leadership in the financial services space continue to
Read More