The report comes amidst significant turmoil in the financial sector.
OKX exchange, on March 20, announced that it would be winding down operations in Canada. The firm cited new rules that the CSA imposed as the reason to the temporary action.
Synctera, a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, led the financing, which brings Synctera’s total raised to $60 million since its June 2020 inception. Private equity firm The Banc Funds and sponsor bank partners Veritex Community Bank, Midland […]
Synctera raises $15M to help companies launch embedded banking products in Canada by Mary Ann Azevedo originally published on TechCrunch