Tag: payments
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FinTech startup Peloton Technologies closes $2 million in seed financing
[ad_1] Victoria-based FinTech startup Peloton Technologies has secured $2 million CAD in seed funding just three weeks after acquiring KIS Payments. A spokesperson for Peloton declined to disclose the investors in the company’s latest equity round but noted that their expertise spans payments, banking, risk management, compliance, accounting, IT architecture, and securities law. The…
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Feds promise to expand Payments Canada eligibility, introduce open banking legislation in 2024
[ad_1] Canada commits to “consumer-driven finance” and more powers for the Competition Bureau. While light on new funding for the country’s innovation economy, the federal government’s latest fiscal update did include some significant commitments to Canada’s tech sector. The Government of Canada’s Fall Economic Statement, delivered today by Deputy Prime Minister and Finance Minister…