This week 10 tech startups from across Canada pitched their business to a panel of judges for the chance to secure grant prizes at DMZ’s annual Black Innovation Summit. Designed to bring together the Black tech ecosystem and celebrate Black excellence, this year’s Black Innovation Summit theme addressed rapid tech advancements and global economic uncertainty, […]
Woveo
Innovating Alberta Startups Secure Capital to Write Their Next Chapter of Growth
Last year, a report from national law firm Osler uncovered “impressive signs of growth, renewal, and resilience in the ecosystem” in Alberta. And CBRE’s 2023 Scoring Tech Talent report found that Calgary experienced a 61% growth in tech talent over five years—the second-highest rate in Canada next to Vancouver. There has “never been a more exciting time to be in […]
Calgary’s Woveo Secures Seed Capital to Empower Underbanked Canadians
A 2022 Calgary Fintech Award winner has raised more capital as it seeks to expand its offerings in Canada. Woveo, a startup based in Calgary, believes that community savings and lending practices are the keys to breaking the cycle of underrepresentation of new immigrants in the Canadian financial system. The Alberta fintech recently confirmed that […]
Calgary Fintech Award Showcases 2022 Winners At Kick-off Event
Last year, Digital Commerce Bank and Platform Calgary partnered together in a dual mission. Their goal was to champion and celebrate Calgary as an emerging fintech hub, as well as ensure that local fintech startups are set up for success when it comes to launching and scaling their business in the city. To accomplish that […]
Alberta Fintech Innovators to Discuss Future of Banking at Summit in May
The banking sector is rapidly accelerating innovation, introducing Open Data, Risk Partnerships, Collection’s Technology, and more. As banks continue to grow their digital footprint, fintech partnerships and innovations have sprung up to better service small and medium-sized businesses and consumers. However, certain types of partnerships between banks and FinTechs were restricted by the Bank Act, […]
How This Calgary Fintech’s ‘Community Wallet’ Empowers New Canadians
For immigrants to Canada, establishing a strong financial foundation can be a challenge. The system may not recognize their credit history, leaving them “invisible” to financial institutions upon arrival. Immigrants can get stuck in a “fundamentally flawed system that bars them from accessing affordable credit needed to build their new life,” according to an Albertan […]
Fintech Startups Compete for $300K with Digital Commerce Calgary Fintech Award
For the second year in a row Digital Commerce Bank and Platform Calgary are hosting the Digital Commerce Calgary Fintech Award and applications are now open. The award highlights innovation in the fintech space in Calgary and the surrounding areas and aims to support fintech companies currently based in Calgary, as well as those looking to expand here. […]
Fillip Wins Calgary Fintech Awards, Earmarks Prize to Fuel Startup Growth
Fillipfleet has won Digital Commerce Bank Calgary’s inaugural Calgary Fintech Awards. The Calgary-based financial technology startup claims to be the first digital payment platform built for business fleets. Through the Calgary startup’s platform, business owners can empower drivers to pay for fuel and maintenance expenses with a secure digital wallet, spend controls, and real-time transaction notifications. Chief executive officer […]