Although many of the same considerations related to the acquisition or sale of any technology company apply, regulatory and compliance considerations are key in the fintech space.
Fintech M&A activity, in both the Canadian market and globally, is expected to be on the rise over the next few years. In its 2016 Report, FinTech: Prepare for a Wave of M&A, UK-based investment bank FirstCapital, predicts that fintech M&A deal flow will increase “as financial incumbents look to catch up with widespread innovation from new entrants, the internet majors scale up in financial services and the technology/software majors add new … Continue Reading
On March 9, McCarthy Tétrault and IP Osgoode jointly hosted a symposium titled Effective IP Strategy to Drive Innovation in the Financial Services Sector. This event brought together academics, business people, and lawyers for a discussion of how technological change is transforming the financial service sector and pushing incumbents and disruptors alike to think carefully about their IP strategies.
After introductory remarks from Barry Sookman and Giuseppina D’Agostino, the event set a brisk tempo and covered a lot of ground in two short hours. The discussion was organized around three panels.
The first panel, moderated by Matt Flynn… Continue Reading
The Province of BC announced today the launch of a new BCTECH Strategy aimed at supporting growth in the tech sector, creating jobs and strengthening a diverse economy.
The first pillar of the comprehensive BCTECH Strategy is a focus on capital, including a $100 million venture fund announced today. The BC Tech Fund will provide access to more capital for BC’s entrepreneurs and technology start-ups, in particular at the early venture capital stage, enabling them to bridge the gap between seed and angel financing and later stage growth capital. … Continue Reading