Tag: banks
Hyatt brothers aim to build their “next big thing” with majority ownership of DataStealth
After exiting Dyadem and BlueCat for over $1 billion, the Hyatts have teamed up again to tackle cybersecurity. Michael and Richard Hyatt have acquired…
Deloitte spinout Arteria AI closes $46-million CAD Series B to help banks turn documents into data
Backers include GGV Capital, Citi, BDC Capital, Information VP, and Illuminate Financial. Toronto-based enterprise artificial intelligence (AI) startup Arteria AI, which helps some of…
National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio
The $1-billion CAD portfolio includes $325 million CAD in outstanding loan commitments. The National Bank announced Aug. 1 an agreement to acquire the commercial…
PayTic raises $2.95 million to help banks, credit unions centralize program management
PayTic wants to remove Excel spreadsheets from payment reconciliation. Charlottetown-based PayTic has secured $2.95 million in an investment round led by Build Ventures, a…
With new investment product, is Neo Financial’s biggest competition now Wealthsimple and Questrade, or the big banks?
The Prairie FinTech has teamed up with fellow Calgary startup OneVest for Neo Invest. What if the future of banking wasn’t a bank? The…
Cybrid secures $3.8 million CAD seed round to help challenger banks launch crypto
As crypto and DeFi products become more mainstream, a Canadian startup is looking to make it easier for FinTech startups and challenger banks to…