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PayBright, one among Canada’s main buy-now-pay-later suppliers, is ready to be acquired by San Francisco-based Affirm.
“At Hustle Fund, we’re satisfied that Canada is positioned effectively to supply a few of the largest, category-defining corporations on the planet. We’re desirous to fund these corporations, and excited to companion with Hockeystick to establish these alternatives!” – Eric Bahn (Normal Associate)
Since launch, Hockeystick has revamped 6000 funder suggestions to Canadian startups. Learn the way startups are utilizing know-how to satisfy funders all over the world.
Facebook-backed cryptocurrency Libra renamed to Diem as it pushes for regulatory approval (THE GLOBE AND MAIL)
Plans for Libra, first floated by Fb final 12 months, have been slimmed-down in April after regulators and central banks raised issues it may upend monetary stability.
Stripe is already the fee processor for Shopify’s funds product.
Vancouver-based FinTech Progressa, once readying for IPO, files for creditor protection instead (THE LOGIC)
Vancouver-based Progressa, an alternate lender, filed below the Firms’ Collectors Association Act in late September, with courtroom paperwork displaying it owed tens of thousands and thousands and required a direct infusion of cash.
Kevin Magee (Microsoft), Christopher Salvatore (Cybersecure Catalyst), and Tahseen Shabab (Penfield) discover how Canada can construct a cybersecurity ecosystem.
The world’s second-biggest cryptocurrency is getting a major upgrade — here’s what you need to know (CNBC)
Ethereum has begun its long-awaited shift to 2.0. Proponents say that the deliberate improve may permit hundreds extra transactions to happen each second.
Sebastian Siemiatkowski, the chief of Europe’s most-valued FinTech, discusses the ethics of lending and the opponents he obsesses over.
Startups raised a complete of $349.5 million in Q3 2020, a 135 p.c enhance for the Waterloo Area.
Stripe to offer banking services in deal with Goldman Sachs, Citigroup (WALL STREET JOURNAL)
Stripe Inc. is teaming up with banks together with Goldman Sachs Group Inc. and Citigroup Inc. to supply checking accounts and different business-banking providers, the startup’s newest try and change into the web economic system’s monetary grocery store.
Revolut’s new buying answer lets companies set up plug-in checkout software program or construct their very own customized options to take card funds on-line.