Ontario Fintech Firm Wave Raises US $24 Million in Series D
This week, Canadian fintech company Wave, which is based out of Toronto, Ontario, announced it had closed on $32 million CAD (about US $24 million) of funding for its Series D round. The funding was...
View ArticleFintech Sandbox and Ontario Centres of Excellence Announce Partnership
The Boston based company Fintech Sandbox and the Ontario Centres of Excellence (OCE) signed a memorandum of understanding (MOU) to work together to bring the Fintech Sandbox model into Ontario and...
View ArticleProviding SMEs Access to More Capital: Lending Loop Syncs with Ontario...
Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article...
View ArticleOntario Securities Commission “Doesn’t Really Know What’s Going On” in...
The Ontario Securities Commission’s (OSC’s) “Statement of Priorities for the Financial Year to End March 31st, 2018,” provides little guidance to Ontario companies trying to advance blockchain-based...
View ArticleOntario Securities Commission Releases Colourful New “Cryptoasset”...
The Ontario Securities Commission, regulator of capital markets in Canada’s most populous economic-powerhouse province, have created a colourful new website to educate investors about cryptocurrencies:...
View ArticleOntario Securities Commission Now Seeking Applications for Fintech Advisory...
The Ontario Securities Commission (OSC) announced last week it is seeking applications for membership on its Fintech Advisory Committee (FAC). The OSC reported the FAC advises the OSC LaunchPad staff...
View ArticleThe National Crowdfunding & Fintech Association of Canada Tells Ontario How...
Cutting the Red Tape. We elect and appoint public officials to represent our best interests. Far too often, these policymakers take this mandate as a carte blanche to enact new laws and craft more...
View ArticleOntario’s Government to Reduce Regulatory Burdens, Improve Innovation in...
The government of Ontario is looking to updating their regulatory policies for capital markets while reducing the regulatory burden. Improvements for both large and small firms are the goal. This...
View ArticleSeneca College Launches New Fintech Center in Mumbai, India in Collaboration...
Seneca College, a provider of polytechnic education to around 30,000 full-time and 60,000 part-time students, has launched a new Fintech Centre in Mumbai, India via a collaboration with the Thakur...
View ArticlegoPeer Claims First Regulatory Approval to Operate Peer to Peer Lending Platform
goPeer, a peer to peer lending platform, has received regulatory approval as an exempt market dealer in both Quebec and Ontario. In Canada, financial services are regulated at the provincial level and...
View ArticleShariah-Compliant Canadian Fintech Manzil to Give Public a Chance to Invest...
Toronto-based Manzil, a Fintech firm that provides halal (permissible for Muslims) financial services and solutions including mortgages, wants to give the public an opportunity to invest in the firm...
View ArticleCanada based Middle Eastern Restaurant Converts Entire Cash Reserves to...
Ontario, Canada’s Tahinis Restaurants, which claims to be the world’s best Middle Eastern restaurant, revealed that it has converted its entire cash reserves into Bitcoin (BTC), the flagship...
View ArticleDigital Assets Ecosystem Surpasses $1.5T Market Cap, $60B in BTC held by...
Researchers at Bloqport have confirmed that publicly-traded firms and fund managers now hold approximately $60 billion worth of Bitcoin (BTC), which is around 6% of the digital asset’s circulating...
View ArticleNorth American Purpose Bitcoin ETF Now Holds Over 11,000 Bitcoin (BTC) Valued...
The North American Purpose Bitcoin ETF, which was introduced last month, has reportedly seen huge demand, as over $165 million in trading volume was recorded (as of February 19, 2021). The new ETF is...
View ArticleOntario Securities Commission has Taken Action Against Non-Compliant Global...
The Ontario Securities Commission (OSC) announced on June 21, 2021 that it has taken action against “non-compliant” international cryptocurrency trading platform, Bybit. The OSC released a Statement of...
View ArticleBinance to Exit Ontario, Canada Markets, Following Crypto Regulatory...
Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s...
View ArticleOSC Announces Settlement Agreement Against Firms Selling CFDs to Ontario...
A panel of the Ontario Securities Commission (OSC) confirms that it has approved a settlement agreement with Vantage Global Prime Pty Ltd (VGP) and Vantage International Group Ltd (VIG) for selling...
View ArticleTier1 Financial Solutions Appoints Compliance Software Sales Exec Megan Howe...
Tier1 Financial Solutions, a provider of capital markets and investment banking client relationship management solutions, and AML compliance and fraud prevention solutions, has appointed Megan Howe as...
View ArticleBinance Tells Ontario Securities Commission it is Trying to Stop Offering...
Binance has sent a letter to the Ontario Securities Commission (OSC) telling the regulator it is committed to ceasing opening new accounts in Ontario. Last year, Binance Canada announced it would cease...
View ArticlePXP Financial, an Acquiring, Payment, Fraud, and Data Analysis Service,...
PXP Financial Inc., the US division of PXP Financial Ltd., a key player in global acquiring, payment, fraud and data analysis services, recently announced its launch in Canada. Ontario is the next...
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