White-Label Turn-Key MSB Banking

IBAN issuing and payments for Canada MSBs

Launch on your own domain in 24 hrs

Learn more ↗

Canadian MSB & Fintech News

Fintech · BetaKit

US company Shift4 to acquire Paramount Commerce for up to $317 million USD

Toronto-based Paramount is one of the first participants in Canada’s Real-Time Rail system.

Nov 13, 2026

Banking · BetaKit

Q&A: Why Fintechs Canada’s director says Real-Time Rail needs the Big Six banks to succeed

Executive director Adriana Vega explains industry reactions to FinTech updates in Budget 2026.

Nov 13, 2026

Fintech · BetaKit

Float appoints former BDC Capital partner Jack Fraser as FinTech’s first CFO

After investing in Float, Fraser is joining the team and returning to his operations roots.

Nov 10, 2026

Payments · BetaKit

Canada’s long-awaited Real-Time Rail payments system launches without Big Six banks

Under development since 2015, Wealthsimple, Koho, Bank of America, and others can now access instant payments.

Nov 9, 2026

Fintech · BetaKit

CIBC’s security chief on how AI is changing cybersecurity

Joe LoBianco reveals how technology startups can make inroads with Canada’s financial institutions.

Nov 9, 2026

Payments · BetaKit

Real-Time Rail payments system to launch Monday, feds say

Canada’s 2026 budget outlines plans to launch the first phase of long-awaited system.

Nov 5, 2026

Banking · BetaKit

Wealthsimple unveils AI assistant and major product expansion in latest showcase

The Toronto FinTech firm revealed a dozen new banking, investing, and AI products and features.

Nov 5, 2026

Fintech · BetaKit

What’s in Budget 2026 for Canadian tech?

BDC/EDC merger, new tax incentives standouts of entrepreneur-focused budget.

Nov 5, 2026

Banking · BetaKit

How TD is building the intelligent front door to modern banking for clients

Bank behind JD Power’s #1 banking app for customer satisfaction invests in AI, digital banking, and tech talent.

Nov 4, 2026

Fintech · BetaKit

How Canada can build tech careers worth staying for

Capital One Canada CTO on how meaningful work and long-term learning opportunities can help retain skilled talent.

Nov 2, 2026

Fintech · BetaKit

Why Trust Is Becoming Essential for Agentic Commerce

As AI agents shop for you, security will depend on understanding identity, intent, authorization, and risk.

Oct 30, 2026

Fintech · BetaKit

Float’s Rob Khazzam on how Canadian companies should rethink AI spending

Five hot takes on controlling costs, questioning hiring plans, and knowing when to let employees experiment.

Oct 30, 2026

Fintech · BetaKit

Three trends to watch from the 2026 Québec FinTech Report

Station FinTech Montréal tracks the rise of agentic commerce and the forces reshaping fintech in Québec.

Oct 28, 2026

Fintech · BetaKit

Wealthsimple announces $425-million Series F at $13.8-billion valuation

Existing backers to pour another $300 million into Wealthsimple and buy $125 million in shares from staff.

Oct 28, 2026

Banking · BetaKit

Q&A: Koho’s Daniel Eberhard on unicorns, leadership, and striving to stay humble

Founder reflects on winning and losing on his own terms as his FinTech startup nears official bank status.

Oct 28, 2026

Fintech · BetaKit

Women-led companies dominate top ranks of 2026 Deloitte Fast 50

Finni Health, Chexy, and BorderPass are Canada’s fastest-growing tech companies by revenue.

Oct 28, 2026

Regulation · BetaKit

Loon clears key regulatory hurdle to offer Canadian dollar-backed stablecoin

OSC gives FinTech company and fellow Calgary firm Paytrie exemptive relief to issue and distribute CADC.

Oct 27, 2026

Fintech · BetaKit

How Venn helped Dominion Dynamics scale its finance operations

The Toronto FinTech gives Canadian startups more control over spending and less paperwork as they grow.

Oct 27, 2026

Banking · BetaKit

Zafin to acquire US-based Naehas in nine-figure acquisition

Bank modernization software provider makes first major acquisition since 2024 Swedish private equity takeover.

Oct 26, 2026

Fintech · BetaKit

Questrade opens options trading outside market hours through Cboe

Approved users can trade select options of stocks and ETFs before and after market hours.

Oct 23, 2026

Banking · BetaKit

Neo Financial secures $185-million credit facility from credit unions

Financing will be led by ATB Financial and include participation from Vancity, Beem, Alterna, and Innovation Federal Credit Union.

Oct 22, 2026

Fintech · BetaKit

Toronto’s mayoral race points to prediction market loopholes

Plus: Shopify CTO Mikhail Parakhin to leave after two years.

Oct 21, 2026

Banking · BetaKit

The Canadian entrepreneur has changed. Has banking kept up?

Tangerine Bank's Jodi Kovitz examines trends shaping modern entrepreneurship and the support builders seek.

Oct 15, 2026

Banking · BetaKit

Why Koho won’t bet on prediction markets

Canada’s newest FinTech unicorn is poised to become its newest bank. CEO Daniel Eberhard explains what comes next.

Oct 12, 2026

Banking · BetaKit

Canada’s initial real-time rail rollout likely won’t include big banks, sources say

Feds say they will aim to have all major financial institutions on board by next summer.

Oct 8, 2026

Fintech · BetaKit

Software startup Polygrade emerges from stealth to build AI for home warranty claims

Former Setter, Sears Home Services leaders launch with $6.3 million USD in seed funding.

Oct 6, 2026

Regulation · BetaKit

Ex-Vanguard exec aims to launch Canada’s first investment dealer solely focused on prediction markets

Atul Tiwari and fellow domestic finance vets seek regulatory approval to build Verdx.

Oct 2, 2026

Fintech · BetaKit

Woveo partners with BDC on business microlending program

The $10-million project aims to expand capital access for small and medium-sized businesses.

Sep 23, 2026

Banking · BetaKit

TD’s Layer 6 and Cohere embark on $25-million AI collaboration

The Big Six Canadian bank has teamed up with the country’s LLM maker to boost AI adoption.

Sep 22, 2026

Crypto · BetaKit

Robinhood opens new Canadian HQ in Toronto as Canada becomes a “priority” market

Starting with crypto, the US brokerage aims to bring more competition to Canada.

Sep 18, 2026

Fintech · BetaKit

Wise launches chequing account for Canadians

Launch is the latest in European FinTech’s growing rollout of products and services in Canada.

Sep 17, 2026

Fintech · BetaKit

Portage closes fourth FinTech VC fund at $600 million USD

Portage is the FinTech investment arm of Power Corporation-owned Sagard.

Sep 16, 2026

Fintech · BetaKit

Why did quantum leaders sound the Q-Day alarm at a FinTech conference?

At Canada FinTech Forum, experts warn that organizations without a quantum plan are way behind.

Sep 16, 2026

Fintech · BetaKit

Q&A: Adam Felesky on why Canadian FinTech is missing domestic growth capital

Portage CEO argues pension funds should back more Canadian GPs and companies.

Sep 15, 2026

Fintech · BetaKit

Canada FinTech Forum kicks off with a bang after shots fired over Real-Time Rail delays

Wealthsimple government relations leader says Canada should have had real-time rail five years ago.

Sep 14, 2026

Payments · BetaKit

What’s next for trust, innovation, and co-creation in the Canadian FinTech ecosystem?

Ahead of Canada FinTech Forum 2026, Mastercard’s Balinder Ahluwalia on local builders shaping future commerce.

Sep 10, 2026

Fintech · BetaKit

Neo Financial lays off roughly 10 percent of its staff

Calgary-based FinTech cut 102 employees to create a “simpler and faster team.”

Sep 8, 2026

Banking · BetaKit

Landjourney rebrands to Sweet, secures $7.4 million USD to simplify commercial lending beyond agriculture

Montreal-founded FinTech says its platform helps lenders complete previously “weeks-long processes” in days.

Sep 1, 2026

Regulation · BetaKit

Canadian platforms shouldn’t offer sports or entertainment prediction market bets, regulators say

Wealthsimple has argued that contract regulations shouldn’t differ according to subject matter.

Aug 27, 2026

Regulation · BetaKit

Coinbase Canada’s Eric Richmond thinks “all-encompassing” crypto regulation could lighten the load

New CEO plans to push for clearer rules as he brings more financial products to Canadians.

Aug 26, 2026

Payments · BetaKit

Helcim raises $53 million amid shakeup in Canadian payments

Calgary company reaches $250-million valuation, hopes to grow after Moneris sells to US private equity.

Aug 21, 2026

Fintech · BetaKit

Clearco secures $100 million USD for “rescaling” after difficult years

After recapitalizing in 2023, Toronto FinTech company says it will break even by Q4.

Aug 18, 2026

Fintech · BetaKit

What will the Moneris sale cost Canada?

Plus: Silicon Valley’s therapists.

Aug 17, 2026

Payments · BetaKit

RBC and BMO to sell off Canadian payment giant Moneris in $2-billion deal

US-based private equity firm Francisco Partners purchases one of Canada’s largest payment processors.

Aug 11, 2026

Fintech · BetaKit

Canadian FinTech braces for US competition

Plus: Was OpenAI's rogue agent unstoppable?

Aug 4, 2026

Crypto · BetaKit

Calgary crypto exchange Catalyx permanently barred from operating

Former crypto exchange’s CEO, Hyuk Jae Park, will also pay a $90,000 fine to Alberta Securities Commission.

Jul 31, 2026

Fintech · BetaKit

Questrade is remaking its platform for an AI-driven investing market

Digital brokerage showcased chatbot-driven investing, research, and trading options at summer product showcase.

Jul 30, 2026

Fintech · BetaKit

Wealthsimple reports “biggest quarter ever” as it nearly doubles assets under management in a year

Toronto FinTech firm added roughly 200,000 users and recorded largest-ever quarter for net deposits.

Jul 30, 2026

Fintech · BetaKit

Ramp fully launches in Canada alongside new Toronto office

New York-based FinTech enters a market currently held by domestic players like Float and Venn.

Jul 28, 2026

Fintech · BetaKit

Vena Solutions set to acquire Morpheo AI in agentic capability push

Toronto startups combine to deepen the role of AI in financial planning and analysis.

Jul 28, 2026

Crypto · BetaKit

Tenor raises $2.5 million USD to build blockchain-based lending platform

Québec crypto startup wants a world where more borrowing happens on-chain.

Jul 27, 2026

Crypto · BetaKit

APX teams up with Netcoins to offer crypto-backed loans

Netcoins is the first Canadian platform using APX’s lending-as-a-service infrastructure.

Jul 22, 2026

Regulation · BetaKit

Crypto sector says Canada’s regulatory uncertainty limiting domestic innovation

Industry leaders argue risk aversion to blame for country’s patchwork rules and slow implementation.

Jul 21, 2026

Fintech · BetaKit

Manzil launches “halal version of Robinhood” in US as it eyes global growth

The Islamic FinTech startup is moving from managed investing to self-directed trading.

Jul 14, 2026

Payments · BetaKit

Canada’s real-time rail system will launch this year after achieving “critical milestone”

After years of consultations and delays, finance minister approves the RTR system’s bylaw and rules.

Jul 7, 2026

Banking · BetaKit

Mortgage B-lender Haventree launches online bank

Schedule 1 Canadian bank now offers chequing-and-savings accounts and GICs.

Jul 7, 2026

Fintech · BetaKit

Paystone enters creditor protection, pursues debt restructuring, sale

London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.

Jul 3, 2026

Fintech · BetaKit

US finance app SoFi acquires Composer to add AI investing strategies

Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”

Jun 30, 2026

Regulation · BetaKit

Feds release proposed open banking regulations

Draft rules would require banks to share account, transaction data upon request.

Jun 26, 2026

Fintech · BetaKit

Float announces $85-million Series C round to support AI push

Fast-growing Toronto FinTech now serves more than 7,500 Canadian businesses.

Jun 25, 2026

Loading latest news…

Montana MSB Formations

Less Regulation — No Capital Required

Turn-Key Packages with AML Compliance Program, IRS and FinCEN Registration

montanamsb.comSee packages ↗