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#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024

#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024
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A growth spurt for fintechs | Investment Executive

Fiona Collie Canada’s wealth management fintech space, like a gangling teenager, has undergone a noticeable change in recent years. Since the launch of robo-advisors in Canada more than five years ago, the fintech space has grown as companies have found their niches either in the B2B or B2C market and hired employees with skills and knowledge of the investment industry. “I think the bench strength of these companies has improved,” said Rob Baldassare, senior advisor, fintech, with MaRS Discovery District in Toronto. He said fintechs have benefited from both organic growth and hiring employees with experience in financial services institutions.

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Small cap to watch: This Canadian fintech stock has more than doubled in five days on the bitcoin boom

Small cap to watch: This Canadian fintech stock has more than doubled in five days on the bitcoin boom
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Montreal-based FinTech Expertus acquired by IBM

Montreal-based FinTech Expertus acquired by IBM Montreal-based FinTech company Expertus Technologies has been acquired by IBM as part of the multinational tech conglomerate’s strategy to become an end-to-end digital payment solution provider. Expertus has been added to the IBM Global Business Services unit, the professional services arm of IBM that applies advanced technology and helps clients design, build, and run businesses. Financial terms of the deal were not disclosed. Expertus offers a financial transactions platform for international banks, credit unions, regulatory agencies and corporates. Founded in 2001, Expertus offers a cloud-based platform for financial transactions for international banks, credit unions, regulatory agencies and corporates, and processes, on average, $50 billion USD in transactions on its payments platform. Expertus is also a North American services bureau of the Society for Worldwide Interbank Financial Transactions, a network us

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