Tag : Canada

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada
Finance Fintech Lending News

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada

Business Wire
by Business Wire0
The new capital, including funding from Shopify founder Tobi Lütke and Slack founder Stewart Butterfield, will accelerate the expansion of Neo Financial’s suite of innovative financial services products, offering competitive alternatives to traditional banks Neo Financial (“Neo”), a leading Canadian financial technology company, announced today their CAD $360 million Series......
Banking Digital Payments Finance Fintech Guest Posts Security

Why Cash Still Matters in Today’s Economy

Jim Petit
by Jim Petit0
As we move into an even more digitized world, where digital transactions dominate and mobile payments are on the rise, it might seem like physical cash is becoming less important. But if we look closer, cash still plays a crucial role in our economy. It offers advantages like resilience, accessibility,......
73% of Businesses Struggle with Payment Delays, According to Rapyd’s 2024 State of Payments for High-Opportunity Industries
Finance Fintech News

73% of Businesses Struggle with Payment Delays, According to Rapyd’s 2024 State of Payments for High-Opportunity Industries

Business Wire
by Business Wire0
Exploring High-Opportunity Industries: High-opportunity industries are fast-growing, highly profitable and have unmet payment needs. They include Online Gaming, Influencer & Affiliate Marketing, Creator Economy, Online Trading, Online Travel, and Digital Goods. 73% Struggle with Delays: Rapyd’s report finds 73% of high-opportunity vertical businesses face payment delays (2-15 days). Delays Disrupt Businesses: Nearly half......
Russell-Investments-Canada-Limited-Announces-Monthly-Distributions-for-Exchange-Traded-Fund-Series
Fintech Investments News

Russell Investments Canada Limited Announces Monthly Distributions for Exchange Traded Fund Series

Business Wire
by Business Wire0
Russell Investments Canada Limited (“Russell Investments Canada”) today announced cash distributions for the ETF Series of certain mutual funds (“ETF Series”) for the months of April, May, and June. Unitholders of record of the ETF Series, as of the Record Date, will receive a per-unit cash distribution payable on the......
Aterian-Investment-Partners-to-Recapitalize-CPL,-a-Leading-Pharmaceutical-Contract-Development-and-Manufacturing-Organization (1)
Finance Fintech News

Aterian Investment Partners to Recapitalize CPL, a Leading Pharmaceutical Contract Development and Manufacturing Organization

Business Wire
by Business Wire0
The proposed recapitalization is subject to the approval of the Ontario Superior Court of Justice in CPL’s and its affiliates’ proceedings pending under the Companies’ Creditors Arrangement Act. Aterian Investment Partners (“Aterian”), a private investment firm, is pleased to announce that one of its affiliates has entered into an agreement......
Harmony Healthcare IT Partners with Novacap to Accelerate Innovation and Growth in Healthcare Data Management
Artificial Intelligence Fintech News

Harmony Healthcare IT Partners with Novacap

PR Newswire
by PR Newswire0
Strategic partnership with Novacap will accelerate Harmony Healthcare IT’s technological contribution and expansion in health information technology. This includes infusing artificial intelligence into data handling and modeling and expanding the use cases of legacy data for research and analytics. Harmony Healthcare IT (HHIT), a leading health data management and platform......
Bank Customers in Canada Seeking Financial Advice but Some Retail Banks Not Effectively Delivering, J.D. Power Finds
Banking Digital Payments News

Bank Customers in Canada Seeking Financial Advice but Some Retail Banks Not Effectively Delivering, J.D. Power Finds

Business Wire
by Business Wire0
The economic pressure caused by inflation, capital markets volatility and rising interest rates has put its mark on bank customers in Canada, with nearly two-thirds (66%) being classified as financially unhealthy,1 according to the J.D. Power 2023 Canada Retail Banking Advice Satisfaction Study,SM released today. The study also finds that, while personalized......
Tulip Partners with Moneris to Provide a Smooth Checkout Experience for Retailers Across Canada
Digital Payments News

Tulip Partners with Moneris to Provide a Smooth Checkout Experience for Retailers Across Canada

Fintech News Desk
by Fintech News Desk0
Tulip, a leader in retail tech, partners with Moneris, Canada’s #1 payment processor to support retailers across Canada through frictionless checkout experiences Tulip enterprise point-of-sale (POS) system now offers a certified integration with Moneris Solutions Corporation (‘Moneris’), Canada’s largest* processor of debit and credit card payments. Latest Fintech News: Anaptyss helps Global Banking and Financial Services......
MonetaGo Hires Ben Arber to Derisk Trade Finance in the US and Canada
Finance News

MonetaGo Hires Ben Arber to Derisk Trade Finance in the US and Canada

Fintech News Desk
by Fintech News Desk0
Financial technology solutions provider MonetaGo has appointed Ben Arber to the newly created role of managing director, US and Canada, effective immediately. Latest Fintech News: iClick Interactive Releases Metaverse Livestreaming Mobile App Arohar Based in New York, Arber will lead MonetaGo’s US and Canadian operations, bringing together North American and global financial......
Ripple Opens Engineering Hub in Toronto to Drive Crypto Innovation
Blockchain Cryptocurrency News

Ripple Opens Engineering Hub in Toronto to Drive Crypto Innovation

Fintech News Desk
by Fintech News Desk0
Strategic expansion with its first office in Canada to onboard engineering talent, plans to hire hundreds across the globe this year Ripple, the leader in enterprise blockchain and crypto solutions, announced a new office in Toronto that will serve as a key engineering hub. The new office will be Ripple’s......
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