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Saltbae Capital Announces Change of Auditor

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Toronto, Ontario–(Newsfile Corp. – June 4, 2021) – Saltbae Capital Corp. (CSE: CUBE) (the “Company“), is pleased to announce that it has changed its auditors from RSM Canada LLP (the “Former Auditor“) to Jones & O’Connell (the “Successor Auditor“). The Former Auditor resigned as the auditor of the Company effective February 16, 2021, and the board of directors of the Company appointed the Successor Auditor on June 3, 2021, until the next annual shareholder meeting of the Company.

The Company confirms that there were no reservations or modified opinions in any auditor’s reports nor any reportable events as defined in National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102) in connection with the audits by the Former Auditor of the Company’s most recently completed financial year or any subsequent period. The Company’s board of directors and audit committee each approved the resignation of the Former Auditor and the appointment of the Successor Auditor in place of the Former Auditor; there were no reportable events (as defined in National Instrument 51-102) in connection with each of the Former Auditor’s audit of the Company which occurred prior to their resignation as auditors of the Company; and the Notice of Change of Auditor was approved by the Company’s board of directors.

In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the audit committee and the board of directors and have been filed on SEDAR.

For further information please contact:
Saltbae Capital Corp.
Carly Burk, Chief Executive Officer
(416) 361-2517

This news release contains certain “forward-looking statements” within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “aims”, “potential”, “goal”, “objective”, “prospective”, and similar expressions, or that events or conditions “will”, “would”, “may”, “can”, “could” or “should” occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company’s annual and quarterly management’s discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86587

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Blocks & Headlines: Today in Blockchain (

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Welcome to Blocks & Headlines, your comprehensive daily briefing on the transformative world of blockchain. Today, we explore groundbreaking partnerships, economic innovations, and blockchain-powered initiatives redefining the future.

Sony Ventures Into Blockchain With New Identity Solutions

Sony has unveiled its latest blockchain-based digital identity solution designed to enhance privacy and security in the online space. This innovative system uses decentralized technology to manage digital credentials, making identity verification seamless and secure.

Sony’s venture reflects a broader trend among tech giants exploring blockchain’s potential to reshape data privacy and authentication systems.

Source: Sony Press Release


TRON’s Daily Revenue Skyrockets 119% in 2024

TRON has reported a staggering 119% increase in daily revenue, a testament to its innovative blockchain economic models. By leveraging smart contracts and a scalable infrastructure, TRON continues to attract developers and businesses seeking cost-efficient blockchain solutions.

This growth positions TRON as a leading player in the competitive blockchain ecosystem, setting benchmarks for others to follow.

Source: Bitcoin.com


MIGMIG Partners With XT.com to Bring Blockchain Rewards

MIGMIG, a blockchain gaming and rewards platform, has partnered with XT.com to expand its reach and user engagement. This collaboration aims to deliver unique blockchain-powered rewards while enhancing the gaming experience for users worldwide.

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The partnership highlights the increasing intersection of blockchain technology and entertainment, opening new avenues for user interaction.

Source: Bitcoinist


Nano Labs Supports the Inaugural Presidential Crypto Ball

Nano Labs has announced a partnership with the Inaugural Presidential Crypto Ball, emphasizing its commitment to fostering blockchain awareness. This high-profile event aims to bridge the gap between blockchain innovators and policymakers, paving the way for broader adoption.

The initiative underscores the importance of collaboration between the blockchain community and governmental bodies to shape the future of digital assets.

Source: PR Newswire


Bybit Card Partners With EnTravel for Luxury Travel Perks

Bybit has teamed up with EnTravel to offer its cardholders exclusive discounts on luxury travel experiences. This partnership integrates blockchain-powered payment solutions with high-end travel services, providing users with unparalleled convenience and value.

The move exemplifies how blockchain technology can enhance traditional industries, offering innovative solutions tailored to modern consumer needs.

Source: PR Newswire


Key Insights and Industry Trends

  1. Decentralized Identity: Sony’s blockchain-based solution addresses growing concerns over online security and privacy.
  2. Economic Innovations: TRON’s revenue surge highlights the profitability of scalable blockchain networks.
  3. Gaming and Blockchain: Partnerships like MIGMIG and XT.com showcase the potential of blockchain in entertainment.
  4. Policy and Collaboration: Nano Labs’ involvement in the Crypto Ball underscores the importance of industry-government dialogue.
  5. Luxury Integration: Bybit and EnTravel demonstrate blockchain’s ability to enhance traditional services.

 

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Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data)

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Welcome to Fintech Pulse, your comprehensive daily update on the latest in financial technology. Today’s edition dives into funding rounds, leadership changes, and the evolving landscape of decentralized finance (DeFi) and fintech innovation.

Float Financial Secures $48.5 Million Series B Funding

Float Financial, a fintech startup positioned as the “Brex of Canada,” has successfully raised $48.5 million in a Series B funding round. The company aims to revolutionize financial services for small and medium-sized businesses (SMBs) across Canada, providing corporate cards and spend management solutions.

The funding will be used to expand its product offerings, invest in technology, and scale operations. With a growing demand for SMB-centric financial tools, Float is poised to challenge traditional banking systems and redefine how Canadian businesses manage their finances.

Source: TechCrunch


Alza Fintech Shuts Down Amid Industry Challenges

Alza Fintech, a promising startup backed by Thrive Capital and Stripe, has announced its closure. Known for its focus on financial inclusion for Latino communities, the company cited difficulties in scaling its operations and meeting market expectations.

This development reflects the broader challenges faced by niche fintech players in a competitive landscape. It also underscores the importance of sustainable growth strategies and robust operational frameworks in the fintech sector.

Source: Fortune


The Next Phase of DeFi: Fintechs and Exchanges Take the Lead

The decentralized finance (DeFi) space is entering a new phase, with fintech companies and exchanges taking a more active role in its evolution. Industry leaders are integrating DeFi functionalities into their platforms, making decentralized financial tools more accessible to mainstream users.

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This trend highlights a shift towards a hybrid model, combining traditional financial services with decentralized technologies. Experts believe this approach could bridge the gap between conventional finance and the blockchain ecosystem, driving broader adoption of DeFi solutions.

Source: Fortune Crypto


Leadership Update: Goetz Moeller Joins Unzer as CFO

German paytech Unzer has appointed Goetz Moeller as its new Chief Financial Officer (CFO). Moeller brings extensive experience in financial management and strategic planning, having held leadership roles in prominent European financial institutions.

Unzer’s decision to strengthen its leadership team comes as the company focuses on expanding its presence in the European payments market. Moeller’s expertise is expected to drive financial discipline and support Unzer’s ambitious growth plans.

Source: Fintech Futures


Agora Data Welcomes Jeremy Beck as VP of Sales Strategy

Agora Data has named Jeremy Beck as its Vice President of Sales Strategy. With a rich background in the auto industry, Beck is set to lead Agora’s efforts to enhance its data-driven financial solutions for auto dealerships.

This strategic hire aligns with Agora’s vision to leverage big data and AI to transform auto financing. Beck’s industry expertise will play a crucial role in strengthening client relationships and driving innovation in the auto finance sector.

Source: PR Newswire


Industry Trends and Analysis

The fintech sector continues to witness rapid advancements and dynamic shifts. Key trends to watch include:

  1. DeFi Mainstreaming: Increased integration of decentralized finance tools into traditional platforms.
  2. Leadership Transitions: Strategic hires to navigate growth and market complexities.
  3. Niche Challenges: Survival strategies for fintechs targeting specific demographics.
  4. Tech-Driven Solutions: Growing emphasis on AI and big data in financial services.
  5. Market Expansion: Scaling operations to address regional and global opportunities.

 

The post Fintech Pulse: Your Daily Industry Brief (Float Financial, Alza Fintech, Thrive Capital, Stripe, Unzer, Agora Data) appeared first on News, Events, Advertising Options.

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Fintech Pulse: Your Daily Industry Brief (Orion, Envestnet, Chime, Plaid, Brex, Dave, Fincover.com)

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In today’s edition of Fintech Pulse, we explore groundbreaking developments, leadership shifts, enforcement actions, and market trends that set the tone for 2025. As the fintech landscape continues its rapid evolution, these stories provide insights into the sector’s resilience and innovation.

Orion Welcomes Arun Anur as COO

Orion Advisor Solutions has announced the appointment of fintech veteran Arun Anur as Chief Operating Officer. With over two decades of experience in financial technology and operational leadership, Anur’s addition to the team is seen as a strategic move to enhance operational efficiency and scale services for financial advisors and their clients.

Anur’s extensive background includes leadership roles at firms like Envestnet and other high-profile fintech companies. He is expected to drive Orion’s growth by focusing on advanced technological solutions and client-centric strategies.

Source: Business Wire


Hiring Trends in Fintech Amid Market Volatility

Despite the challenges of a turbulent 2024, several fintech companies are actively hiring in 2025, signaling confidence in the sector’s long-term growth. Prominent names like Chime, Plaid, and Brex are expanding their teams, with a focus on engineering, compliance, and customer success roles.

Industry experts suggest that the hiring surge reflects a shift toward rebuilding trust and enhancing service delivery post-economic uncertainty. This also underscores the increasing need for robust regulatory compliance and innovative product development in a competitive market.

Source: TechCrunch


U.S. Legal Action Against Fintech App Dave

The U.S. Department of Justice has announced a civil enforcement action against fintech app Dave and its CEO, accusing them of deceptive practices that misled consumers about their overdraft services. The allegations claim that Dave misrepresented its fees and terms, potentially harming financially vulnerable users.

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This case highlights the heightened scrutiny fintech companies face as regulators aim to protect consumers from predatory practices. Industry leaders are watching closely, as this could set a precedent for future enforcement actions in the sector.

Source: Reuters


Fincover.com Launches Revolutionary Fintech Marketplace

Fincover.com has unveiled a groundbreaking fintech marketplace designed to streamline access to financial services. The platform aggregates offerings from multiple providers, enabling consumers and businesses to compare and select solutions tailored to their needs.

This innovative approach aims to enhance transparency and user experience in a crowded market. With features like AI-driven recommendations and real-time updates, Fincover.com is poised to redefine how financial products are discovered and adopted.

Source: GlobeNewswire


Singapore Leads SEA Fintech Funding with $995M in 2024

Singapore solidified its position as Southeast Asia’s fintech hub by securing $995 million in funding in 2024. This impressive figure highlights the city-state’s ability to attract global investors, thanks to its robust regulatory framework and supportive ecosystem.

Key areas of investment include digital payments, blockchain solutions, and insurtech. Analysts predict that Singapore’s leadership in fintech funding will continue to drive innovation and regional growth in the coming years.

Source: Singapore Business Review


Industry Insights and Trends

As we enter 2025, the fintech industry is navigating a complex landscape shaped by economic uncertainty, regulatory changes, and technological advancements. Here are key trends to watch:

  1. Regulatory Scrutiny: Increased enforcement actions emphasize the importance of compliance and ethical practices.
  2. Talent Acquisition: Strategic hiring in critical areas like technology and compliance reflects sector resilience.
  3. Marketplace Innovations: Platforms like Fincover.com are transforming how financial services are accessed.
  4. Regional Leadership: Singapore’s dominance in Southeast Asia highlights the value of strong ecosystems.
  5. Consumer Protection: Cases like the one against Dave underline the need for transparency and trust.

 

The post Fintech Pulse: Your Daily Industry Brief (Orion, Envestnet, Chime, Plaid, Brex, Dave, Fincover.com) appeared first on News, Events, Advertising Options.

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