Reading Time: 2 minutes  TheGuarantors’ new offering, Securiti, is changing the way the commercial real estate industry views security deposits. Securiti is an insurance policy that protects office landlords against the risk of tenant default. It’s intended to replace or supplement old-fashioned security deposits, by providing the protection landlords...
Reading Time: 1 minute   MO Tecnologias LLC (MO), a leading fintech that has developed an innovative patent-pending credit scoring technology and loan management platform, is pleased to announce that it has entered into an agreement with VendeMas to offer Merchant Funding to all affiliated merchants in its acquiring network. “MO’s...
Reading Time: 3 minutes  The Joint Forum of Financial Market Regulators (Joint Forum) has concluded its Annual Meeting. The Joint Forum brings together members of the Canadian Council of Insurance Regulators (CCIR), the Canadian Securities Administrators (CSA), the Canadian Association of Pension Supervisory Authorities (CAPSA) and representation from the...
Reading Time: 1 minute  The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Québec and Saskatchewan (participating jurisdictions) today announced a co-operation agreement with the United Kingdom Financial Conduct Authority (FCA). The agreement extends the work of the CSA Regulatory Sandbox Initiative and the FCA Innovate project. These innovation functions provide a controlled environment for businesses...
Reading Time: 2 minutes  Ally Financial Inc. (Ally) today announced a partnership with Better.com – one of the fastest-growing digital mortgage disruptors in the U.S. – to create a new end-to-end digital experience for consumers looking for a mortgage loan from Ally. In addition to the partnership, strategic-investment arm...
Reading Time: 1 minute  Credibility Capital, a leading fintech platform, announced that it has surpassed $100 million in lending to small businesses across the country. Credibility offers low-APR loans to high-quality small businesses with terms that are transparent, fair and affordable. In addition to this lending milestone, Credibility continues to transform the...
Reading Time: 2 minutes  ARK Investment Management LLC (ARK), a New York-based adviser focused solely on investing in disruptive innovation, has partnered with Say, the fintech startup that is reimagining shareholder communications. Inspired by an opportunity to transform a rigid, antiquated process, Say directly connects all shareholders—whether they own a fraction...
Reading Time: 2 minutes  South African-based Bitcoin company, Centbee, announced today that it has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures and CoinGeek. Ayre, who has invested £1 million (R18.3 million), announced that, “Centbee has a track record of making Bitcoin easily usable and accessible to...
Reading Time: 3 minutes  Open banking technology is poised to change the way the world completes transactions, but three quarters (75 per cent) of Canadians say they are wary of the concept, citing concerns about the privacy of their financial data, according to a new survey commissioned by Accenture...
Reading Time: 2 minutes  Unqork, an enterprise software company with a transformational no-code platform for financial services and insurance organizations, today announced it has secured $22 million in a Series A investment round led by Goldman Sachs Principal Strategic Investments (PSI). Other investors included all original seed round investors and Broadridge...