Patriotic Canadian venture capital firm Inovia raises $450-million to back domestic tech champions
Payments Canada has selected its second solution provider for the country’s upcoming real-time payments system. In response to the news, Canadian FinTechs are taking a wait-and-see approach as to whether they will directly be able to participate in the new system.
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as financial institutions return their focus to customer acquisition following the fallout of COVID-19.
Royal Bank of Canada is providing $3M in funding to expand artificial intelligence and data analytics programs
Vancouver-based Charli AI has announced the limited release of its chat-oriented product aimed to automate financial tasks for businesses
The financial institution is hoping to develop an AI solution that can spot abnormalities in payment transactions
The survey of 1,200 Canadians was sponsored by TD Bank in May 2019
The labs will offer the sandbox environment for rapid prototyping as of September