Canada

MoneyGram Launches Global Crypto-To-Cash Service in Canada and the U.S.

MoneyGram has partnered the Stellar Development Foundation (SDF) with to initiate the roll out of  its crypto-to-cash service that is now available in key remittance markets, including Canada, the U.S., Kenya, and the Philippines for the first wave of users.

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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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Crypto Trading Platform BitMEX Adds Vancouver to Its Global Footprint

BitMEX, a peer-to-peer crypto trading platform, announced that it has added Vancouver, British Columbia to its global footprint. The platform said that Vancouver is an ideal destination because of its innovative culture, crypto-savvy workforce, and welcoming business environment. The Vancouver

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M2P Solutions and Buckzy to Provide Cross-Border Payments for MENA Partners

Middle East and Asia-based API infrastructure company M2P Solutions announced a strategic partnership with Canadian payment solutions provider Buckzy Payments to provide cross-border payments in the MENA region. The company’s MENA-based partners will be able to use M2P’s platform to

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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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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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