This week’s edition of Finovate Global features recent fintech news from Canada. Wealthsimple secures $750 million at valuation of $10 billion Canadian fintech Wealthsimple has raised CAD $750 million at a post-money valuation of CAD $10 billion. The funding round includes both a CAD $550 million primary offering and a secondary offering of up to Read more... The post Finovate Global Canada: Wealthsimple’s $10 Billion Valuation and a Look at Investment Trends appeared first on Finovate.| Finovate
Digital businesses in the modern era span geography, product types, and regulatory regimes, making the process of verifying identities and assessing risk difficult. Today, we’re highlighting a conversation that digs into how platforms can assess risk at scale by embedding identity and risk intelligence into a single workflow. At FinovateFall earlier this year, I spoke Read more... The post Breaking Through the Verification Barrier: How Middesk Simplifies Risk & Identity appeared first on Fi...| Finovate
Digital trading and brokerage company DriveWealth scored a partnership this week with Walmart’s digital banking platform OnePay, which will leverage DriveWealth’s brokerage-as-a-service offering to launch OnePay Invest. Walmart launched OnePay in January 2021 through a partnership with Ribbit Capital. In January 2022, Walmart expanded OnePay’s capabilities by acquiring two fintech platforms, Even and ONE, which helped Walmart Read more... The post Walmart’s OnePay Selects DriveWealt...| Finovate
For all the excitement experienced when markets are soaring toward new highs, life for brokerage companies can actually be more complicated. While trading volumes are climbing, the fact of the matter is that many of the new traders and investors who decide to start participating in the market often don’t end up sticking around very Read more... The post Devexperts Unveils New AI-Powered Data Analysis Tool Acomotrade appeared first on Finovate.| Finovate
This week we’re sharing six interviews from the Finovate Podcast featuring the companies that won Best of Show at FinovateFall last month. From the latest innovations in the fight against fraud to leveraging AI to make it easier for small businesses to secure the financing they need to grow, FinovateFall 2025’s Best of Show winners Read more... The post Finovate Podcast Interviews the Six FinovateFall Best of Show Winners appeared first on Finovate.| Finovate
One of the biggest challenges in the world of private company investing is dealing with the liquidity gap that can arise between private companies and their stakeholders when stakeholders seek access to cash before companies are ready to officially exit via public offering or acquisition. As more and more companies stay private longer, an opportunity Read more... The post Morgan Stanley Acquires Private Company Trading Platform EquityZen appeared first on Finovate.| Finovate
Barclays‘ US consumer banking subsidiary, Barclays Bank Delaware, unveiled plans this week to expand its US footprint, acquiring personal loan origination company Best Egg. The transaction is expected to close in the second quarter of 2026 for $800 million. Best Egg offers a direct-to-consumer personal loan origination platform that specializes in lending to prime borrowers. Read more... The post Barclays to Acquire Lending Company Best Egg appeared first on Finovate.| Finovate
Digital payment solutions company Thredd has teamed up with lending and credit platform LoanPro this week. The UK-based company will leverage LoanPro’s credit platform to underpin its new suite of credit solutions, which will allow it to deliver full-stack embedded issuing and processing capabilities. Thredd was founded in 2007 and offers real-time card issuing and Read more... The post Thredd Taps LoanPro for New Credit Offering appeared first on Finovate.| Finovate
The challenge of managing unstructured and unorganized data across multiple platforms—let alone turning that data into actionable insights—is a difficult one for financial institutions. And for those firms looking to take advantage of AI to add personalization, greater efficiency, and agility to their operations, these data management challenges are all the more acute. Add to Read more... The post GoodData Brings Data Intelligence and Agentic AI to Financial Services appeared first on Fin...| Finovate
The initial agenda for FinovateEurope 2026—February 10 and February 11 at the Intercontinental O2 in London—has just been released. And while there are still plenty of elements to be added to the two-day event, we are already seeing the contours of a conference that will help attendees better understand the opportunities in emerging technologies like Read more... The post FinovateEurope 2026: AI, Cybersecurity, Stablecoins, Quantum Computing and More! appeared first on Finovate.| Finovate
There has been plenty of hype around agentic commerce this fall, but many of the announcements surrounding agentic shopping and payments have leap-frogged an important issue: agent identity verification. Digital identity company Prove is helping to solve this issue today with its new launch, the Prove Verified Agent, which aims to provide a trust and Read more... The post Prove’s New Verified Agent Solution Brings Trust and Verification for Autonomous Agents appeared first on Finovate.| Finovate
Modern treasury solutions company Qolo has forged a "strategic alignment" with Huntington National Bank.| Finovate
How they describe themselves: Eko is the largest embedded investing platform for banks and credit unions. Our white-label solution integrates directly into digital banking, enabling members to start investing from just $10. With support for pre-built portfolios, hybrid investing, self-directed trading, IRAs, and crypto, Eko is a one-stop shop for modern investing. Trusted by over Read more...| Finovate
Congratulations to the six companies that won Best of Show at FinovateFall 2025 this week! This year’s roster of FinovateFall Best of Show winners includes proven veterans that have earned Best of Show awards from Finovate audiences in the past, as well as companies new to Finovate who impressed our attendees with their live demonstrations Read more...| Finovate
Digital banking platform Bankjoy has inked a strategic partnership with fellow Finovate alum InvestiFi, a provider of digital investment solutions.| Finovate
This is the lens through which to view Eko's latest partnership announcement, teaming up with the Brooklyn Cooperative Federal Credit Union.| Finovate
The first full week of October is bringing news of new product launches in the digital banking space, funding for continued innovation with stablecoins, and partnerships in payments and insurtech.| Finovate
Greg Palmer and the Finovate Podcast Talk Payments, Lending, and Stablecoins| Finovate
Bolt launched its all-in-one SuperApp, combining digital banking, crypto trading, ecommerce, and peer-to-peer transfers in a single platform.| Finovate
AI-powered scam defense platform Charm Security has forged a strategic partnership with no-cost mental health service provider Give an Hour.| Finovate
Financial crime prevention company Arva AI has teamed up with AI enablement company for financial services FairPlay.| Finovate
Bits of Stock is an example of a company that is bringing the benefits of fractional investing to a wide range of investors.| Finovate
New York-based payroll connectivity provider Argyle secured $30 million in new funding in a Series C round.| Finovate
Consumer-powered verification platform Argyle announced a strategic investment round that featured participation from Mastercard.| Finovate
UK-based Starling Bank is bringing its SaaS banking platform, Engine, to North America with a $50 million investment, a new New York headquarters, and new leadership under Jody Bhagat.| Finovate
See the future of Fintech first! Conferences Showcasing The Future of Financial And Banking Technology| Finovate
Klarna hit a major milestone with 100 million active users in the first quarter of this year, but breaks record with credit losses.| Finovate