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RBC Invests in Toronto Fintech d1g1t

July 17, 2025 by Newsdesk

Royal Bank of Canada is investing in d1g1t, a Toronto fintech modernizing wealth management through its integrated enterprise platform. The deal, co-led by JAM FINTOP, enables RBC to leverage d1g1t’s real-time analytics engine across its $5 trillion wealth management division. RBC’s Barrie Laver highlighted the firm’s financial engineering expertise and product focus.

CEO Dan Rosen called the partnership a “major milestone.” The technology supports reporting, trading, compliance, and client engagement. RBC joins other firms using d1g1t, including Northern Light and Gresham. The investment reflects RBC’s continued push toward advanced tech for digital-first client and advisor experiences.

Want to know more? Check out the source code on Fintech.ca.

Rogers Just Went to Space

July 16, 2025 by Newsdesk

Lost in the woods? Now you can text for help. Rogers just launched a satellite-to-mobile service that turns any smartphone into a satellite phone—for free, during beta. With coverage spanning five million+ square kilometres, the service supports texting and 911 access in even Canada’s most remote spots.

SAR Alberta is already using it, calling it “a game changer.” After beta wraps in October, it’s free on Rogers’ Ultimate Plan or $15/month. Next up: data, apps, and voice. CEO Tony Staffieri says it’s about saving lives and setting wireless milestones. And yes, it works on the shores of Hudson Bay.

Want to know more? Check out the source code on Calgary.tech.

WonderFi’s Messy Exit

July 16, 2025 by Newsdesk

The drama at WonderFi isn’t over yet. As the Toronto crypto firm agrees to sell to Robinhood for $250M, cracks are showing. Proxy firm Glass Lewis slammed the deal’s process, calling it “clearly suboptimal.” Why? WonderFi locked in an exclusivity deal with Robinhood—before getting two better offers.

Then came the payouts: $6M to an activist investor to stay quiet and $1.8M to the board chair for moonlighting as a banker. Rival bidder Questrade? Ignored. A WonderFi rep insists it was all above board. But with internal rifts and governance concerns piling up, this merger’s future looks anything but chill.

Want to know more? Check out the source code on The Logic.

Quandri Secures $16M for U.S. Growth

July 16, 2025 by Newsdesk

Vancouver-based Quandri has raised $16 million to advance its AI platform for insurance brokerages and agencies, bringing total funding to over $27 million since 2021. Led by Framework Venture Partners with participation from FUSE, Defined Capital, and Intact Ventures, the funding will accelerate expansion across North America.

Quandri’s team has grown to 75 employees, its client base now surpasses 100, and revenue has increased fifteenfold since 2023. The firm plans to hire 40 more staff, open a Boston office, and enlarge its Vancouver HQ. Founded by Jackson and Jamieson Fregeau, Quandri helps brokerages modernize renewal operations.

Want to know more? Check out the source code on Techcouver.

Fintech Power Move: Brim Hires Tachjian

July 16, 2025 by Newsdesk

Fintech alert: Abraham Tachjian, Canada’s former open banking czar, just joined Brim Financial as chief regulatory affairs officer. He’s not new to Brim—Tachjian worked closely with CEO Rasha Katabi even before his government gig. Now, he’s betting big on Brim’s bold mission to reshape banking with sleek infrastructure and global ambitions.

Brim raised $85M in 2024, signaling serious momentum as it eyes the U.S. market. “They’re pushing boundaries,” Tachjian said. Brim, founded in 2017, is known for transforming credit card and payment automation. With new leadership and fresh capital, it’s full speed ahead.

Want to know more? Check out the source code on Fintech.ca.

Leadpages Acquires Glorify to Boost Design Power

July 16, 2025 by Newsdesk

Leadpages, a no-code website and landing page builder, has acquired design platform Glorify in a strategic move to streamline digital campaign creation. The acquisition enhances Leadpages’ offerings with design tools used by brands like Shopify and eBay.

Parent company Redbrick, based in Victoria, aims to unify marketing tools for small businesses. Over 300,000 users now benefit from integrated AI-powered content features. CEOs Michael Sacca and Omar Farook cited reduced friction and full-funnel performance as key goals. This marks Redbrick’s third acquisition this year, reinforcing its presence in Canada’s tech sector.

Want to know more? Check out the source code on Techcouver.

Shift Goes Full Stack Finance

July 15, 2025 by Newsdesk

Shift Connect just dropped a finance game-changer. The Calgary fintech teamed up with Cadency to launch a sleek AP/AR Automation platform built for modern businesses dealing with global payments. This isn’t just about automation—it’s smart, clean, and powerful. You get live FX rates, hedging tools, 30+ currencies, credit card support, ERP integration, and “Pay Now” links—all from $99/month. Processing billions annually, Shift calls it a partner-first approach, not just software. It’s automation with visibility, control, and scale. Bonus: white-label options for big players. If your finance team’s drowning in manual work, this platform might be the life raft.

Want to know more? Check out the source code on Calgary.tech.

Trusty Raises $1M to Reinvent Legacy Planning

July 15, 2025 by Newsdesk

Toronto-based startup Trusty has raised $1 million in pre-seed funding to modernize how families manage personal legacies. Founded by Uberflip co-founder Randy Frisch, Trusty uses AI to help users catalog heirlooms, clarify intent, and reduce estate conflict—going beyond traditional wills. The round was co-led by Relay Ventures and Graphite Ventures, with support from Mistral and angels.

Trusty’s mobile app lets users log assets, attach video messages, and simplify legal docs via its AI assistant. Now piloting with wealth teams, including Purpose Unlimited, Trusty aims to partner with banks and estate pros across North America.

Want to know more? Check out the source code on Fintech.ca.

Foresight Canada Targets Housing Crisis with Innovation

July 15, 2025 by Newsdesk

As Canada grapples with a national housing crisis, Foresight Canada is working to scale innovations that address system-level inefficiencies. Through the CMHC Housing Supply Challenge, the nonprofit identified 18 promising solutions, including Toronto-based Promise Robotics and BuildingIN.

These ventures offer tech-driven approaches to accelerate sustainable housing development. Foresight’s Noah Leduc emphasizes the need for bold, coordinated action and positions Foresight as a bridge between innovators, policy, and the construction sector. Canada must build millions of homes by 2030, yet remains behind pace. Foresight’s model blends clean technology with planning reform to help close the country’s housing gap.

Want to know more? Check out the source code on CleanEnergy.ca.

AI Use Climbs, But So Do Canadian Concerns

July 15, 2025 by Newsdesk

The 2025 Canadian Internet Trends Report reveals growing concern over misinformation, AI-generated deepfakes, and online safety, even as generative AI use rises. Published by CIRA, the survey found one-third of Canadians used AI tools this year, while 74% worry about fake content.

Trust in X (formerly Twitter) continues to erode, and 59% see deepfakes as a threat to elections. Meanwhile, 64% prefer to shop from Canadian online retailers, citing economic loyalty. One in five Canadians has experienced a cyberattack. The report paints a picture of digital habits shaped by global tensions, AI acceleration, and declining trust in online platforms.

Want to know more? Check out the source code here.

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