QuadFi’s Borderless Financial Product a first for Global Immigrants to Drive Financial Inclusion

Development of cutting-edge technology helps QuadFi see month-over-month growth of more than 500 percent in credit portfolio TORONTO, ON–Toronto-based fintech company QuadFi, announces a breakthrough in its product offering: a new way to drive financial inclusion for all newcomers. With the development of cutting-edge AI models, QuadFi is empowering newcomers with access to …

Business BankingFinTech

Open Banking is A Gamechanger for Canadian Small to Mid-Size Businesses

As businesses gear up for growth – driving efficiencies and access to capital is critical by Stephen Hogg Never has the phrase ‘business as usual’ been more obsolete. Constantly evolving market dynamics, shifting consumer expectations, and heightened macro-economic pressures are creating new challenges and opportunities for Canada’s small to mid-size …

FinTechIntegrated Payments

Ingenico brand launches PPaaS, Payments Platform as a Service offer

Combining payments solutions and third-party services, PPaaS empowers acquirers and Independent Software Vendors to enable merchants to create compelling commerce and payment options for their customers, bringing instore what has up to now only been possible online PARIS, FR–Ingenico, a Worldline brand, announces the full commercial launch of PPaaS, its …

FinTechIndustry News

Sage partners with Zapier to elevate the work of SMBs with the power of automation

Unlocking new ways to automate workflows and save an average of 10 hours per week on manual, repetitive tasks TORONTO, ON–Sage, the market leader in cloud business management solutions, announced the availability of Zapier, the workflow automation platform for business, on the Sage Marketplace in Canada, US, UK and Ireland. …

Consumer BankingFinTech

Banking the Unbanked Markets

Fintech Taking the Driver Seat to the Unbanked, Contrasting Financial Landscapes By Michael Penner Over the last decade the global payments industry has seen tremendous growth, providing increased convenience and opportunity to both businesses and consumers, but advancement does not always happen quickly or uniformly. In Canada, the total payments market …

FinTechMergers & Acquisitions

Sage announces acquisition of GoProposal to help accountants accelerate practice management in the cloud

Acquisition is the fourth recent investment by Sage into cloud-based fintech companies targeting the SMB market TORONTO, ON–Sage, the market leader in cloud business management solutions, has acquired GoProposal, a UK-based provider of proposal management software for small and mid-sized accountancy firms. This acquisition – the fourth fintech investment by …

FinTechMergers & AcquisitionsWealth Management

Ontario Teachers’ agrees to acquire HomeEquity Bank

TORONTO, ON– Ontario Teachers’ Pension Plan Board has agreed to acquire HomeQ Corporation, the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc.  and the other minority shareholders of HomeQ. The completion of the acquisition is subject to receipt of required regulatory approvals, which the parties expect to …


SKU-level data expert and SME credit provider help Canadian businesses track spending and manage finances

Sensibill and CAARY Partner to Bring Robust Digital Finance Solution to Small and Medium-sized Enterprises TORONTO, ON–Sensibill, the leading provider of everyday financial tools and SKU-level insights, and CAARY, a new credit and financial platform for small and medium-sized enterprises (SMEs), announced a partnership. Together, the companies will offer a …

FinTechPayment ProcessingRegulatory Issues

Payments Canada welcomes inclusion of the Retail Payments Oversight Framework

OTTAWA, ON–Payments Canada applauds the inclusion of the Retail Payments Oversight Framework (RPOF), and its oversight by the Bank of Canada, as part of the 2021 federal budget, A Recovery Plan for Jobs, Growth and Resilience. “The implementation of the Retail Payments Oversight Framework is a welcome addition to Canada’s …

FinTechIndustry Trends

5 Growth Opportunities to Seize in the Fintech Industry in 2021

Frost & Sullivan experts present key trends and strategic recommendations for the global fintech market SANTA CLARA, CA–The COVID-19 pandemic has certainly upended the financial services industry (FSI), but the overall impact it has had around the globe – on people, businesses, and the economy – is massive. The FSI …