Flinks
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Flinks and Shakepay reveal new payment services for businesses and consumers

Montréal FinTech firms target payments with latest offerings. Two Montréal-based FinTech companies, National Bank-owned Flinks and cryptocurrency startup Shakepay, are expanding their offerings with…

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Peloton Tech
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FinTech startup Peloton Technologies closes $2 million in seed financing

Victoria-based FinTech startup Peloton Technologies has secured $2 million CAD in seed funding just three weeks after acquiring KIS Payments. A spokesperson for Peloton…

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Justin Trudea and Deputy Prime Minister Chrystia Freeland
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Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024

Canada commits to “consumer-driven finance” and more powers for the Competition Bureau. While light on new funding for the country’s innovation economy, the federal…

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FinTech startup Peloton Technologies announces acquisition of KIS Payments
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FinTech startup Peloton Technologies announces acquisition of KIS Payments

The deal comes almost four months after Peloton received $1.5M from PacifiCan. Victoria-based FinTech startup Peloton Technologies has announced the acquisition of Nanaimo, British…

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Blockchain payments firm Ripple is hiring software engineers in Canada
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Blockchain payments firm Ripple is hiring software engineers in Canada

The San Francisco-based company is looking for software engineers in its Toronto office. Even in the face of 2022’s crypto downturn, San Francisco’s Ripple…

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F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL
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F|T: The FinTech Times – Consumer payments startup Braid shuts down, Goldman Sachs drops BNPL

Plus: Ten Key Labs secures $10.5 million, launches AI equity management tool for founders. Welcome to the FinTech Times, a weekly newsletter covering the…

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Wealthsimple to join Interac e-transfer system under expanded access guidelines
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Wealthsimple to join Interac e-transfer system under expanded access guidelines

Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system. Toronto-based FinTech startup Wealthsimple announced it secured provisional approval…

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Nuvei, Plaid extend payments partnership to expand to different regions and businesses
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Nuvei, Plaid extend payments partnership to expand to different regions and businesses

The FinTech company and payments startup are joining forces to roll out more features. Payment-processing company Nuvei (Nasdaq: NVEI) (TSX: NVEI) and Plaid, an…

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Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
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Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify

The move represents part of Shopify’s push to woo larger clients. Shopify is making its one-click online checkout solution, Shop Pay, available to enterprise…

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Payments Canada announces global firm Tata Consultancy Services will lead the integration of the Real-Time Rail system
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Rollout of Canada’s Real-Time Rail payment system delayed again as project undergoes second review this year

Payments Canada cites “current delivery delays, unrelated to the exchange technology components.” Payments Canada has announced that the launch of the country’s forthcoming Real-Time…

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