canada

Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’
Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’
August 12, 2024  |  Acquisitions

Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate...

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Float and Airwallex Partner on Bill Pay for Canadian Companies
Float and Airwallex Partner on Bill Pay for Canadian Companies
July 25, 2024  |  B2B Payments

Float, which offers a business finance platform for Canadian companies, has chosen Airwallex to power its new bill pay product. The new product enables fast...

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Sezzle Expands Rewards Program to Canada After Success in US
Sezzle Expands Rewards Program to Canada After Success in US
June 27, 2024  |  BNPL

Buy now, pay later (BNPL) firm Sezzle has expanded Payments Streaks, a program that rewards users for consistently making timely payments, to Canada, with the...

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VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
VersaBank Seeks Canada’s Permission for Stearns Bank Acquisition After US Approval
June 14, 2024  |  Acquisitions

VersaBank needs only one more regulatory approval to proceed with its acquisition of Stearns Bank Holdingford. The bank received approval from the Office of the Comptroller of...

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Federal Reserve Approves VersaBank Acquisition of Stearns Bank; OCC Up Next
Federal Reserve Approves VersaBank Acquisition of Stearns Bank; OCC Up Next
June 07, 2024  |  Acquisitions

VersaBank received one of two U.S. regulatory approvals it needs to proceed with its previously announced proposed acquisition of Stearns Bank Holdingford. The Federal Reserve...

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Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
Kintsugi Raises $6 Million to Further Develop Tax Automation Platform
May 29, 2024  |  Investments

Kintsugi raised $6 million in a Series A funding round to further develop its tax automation platform. The round, which valued the company at $40...

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Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
May 27, 2024  |  Investments

Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to...

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Walmart’s Luminate Data Platform Goes International
Walmart’s Luminate Data Platform Goes International
May 16, 2024  |  Walmart

Three years after its launch in the United States, Walmart Luminate, the retailer’s insights solution, is being rolled out worldwide. Walmart’s data analytics product suite will be...

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Scotiabank Names Travis Machen to Head Global Markets Unit
Scotiabank Names Travis Machen to Head Global Markets Unit
April 30, 2024  |  Personnel

Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on...

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