Topic

Open Banking

Abstract illustration: two bars of 10 and 13.8 units beside a pie split about 71 to 29, a valuation step-up and a raise made mostly of new capital

Fintech · Industry & Markets · Analysis

When Chequing Beats Investing: What a C$13.8-Billion Valuation Signals

Canada's biggest consumer fintech has raised up to C$425 million at a C$13.8 billion valuation. The most telling number is that chequing now outpaces investing for new accounts.

October 29, 2026

Abstract illustration: four bars narrowing from wide to short feeding through a line into a ring with a red dot at its centre, the four-step test that leaves one registered payment provider

Fintech · Payments · Explainer

Who Has to Register With the Bank of Canada to Move Customers’ Money?

Since September 2025, payment firms must register with the Bank of Canada before moving money for others. Here's the four-step test, the exemptions and what registration demands.

October 27, 2026

Abstract illustration: a charcoal circle and a red circle joined by a thin line with a mustard dot between them, the secure flow of consumer-permitted data between a bank and a fintech app under Canada's draft open banking rules

Fintech · Regulation & Compliance · Analysis

Twelve Months, $2,500 and Shared Liability: What Canada’s Draft Open Banking Rules Decide

Canada’s proposed Consumer-Driven Banking Regulations set accreditation paths, a 12-month consent limit and clear liability rules. Here's what they decide, and what's still open.

October 20, 2026

When Chequing Beats Investing: What a C$13.8-Billion Valuation Signals

Who Has to Register With the Bank of Canada to Move Customers’ Money?

Twelve Months, $2,500 and Shared Liability: What Canada’s Draft Open Banking Rules Decide

The TechPortfolio briefing