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A growth spurt for fintechs | Investment Executive - Vimarsana News

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 hi...

Wealthsimple's peer-to-peer app goes national - Vimarsana News

Wealthsimple's peer-to-peer app goes national

The beta version of the product launched in November 2020

Source: advisor.ca
Wealthsimple's peer-to-peer app goes national | Investment Executive - Vimarsana News

Wealthsimple's peer-to-peer app goes national | Investment Executive

The beta version of the product launched in November 2020

Orion acquires risk management fintech - InvestmentNews - Vimarsana News

Orion acquires risk management fintech - InvestmentNews

Orion acquires risk management fintech The platform it's buying, HiddenLevers, allows advisers to perform portfolio- or security-level stress tests to measure sensitivity to macro-level risks. March 9, 2021 2 MINS Orion Advisor Solutions announced Tuesday it has acquired HiddenLevers, joining a list of wealthtechs that have snatched up smaller fintech platforms in recent weeks.  Atlanta-based HiddenLevers, founded in 2009 by bootstrappers Raj Udeshi and Praveen Ghanta, allows advisers to perform portfolio- or security-level stress tests to measure sensitivity to macro-l...

Betterment acquires Wealthsimple's US accounts - Vimarsana News

Betterment acquires Wealthsimple's US accounts

Wealthsimple will transfer all of their existing U.S.-based customers to Betterment, and will no longer support accounts based in the U.S.