FOLLOWING THE MONEY
FOLLOWING THE MONEY
1 .
Investment in Canadian FinTechs remained strong in 2024 , despite a global decline in investment , according to KPMG International ’ s H2 ’ 24 Pulse of FinTech report . A record US $ 9.5 billion was invested across 121 FinTech deals , compared to US $ 1.1 billion across 129 deals the previous year , data from PitchBook reveals . A significant portion of last year ’ s total came from the US $ 6.3 billion deal for Montreal-based Nuvei , the largest in Canada and second globally .
Yiren Digital , a leading AI-driven platform offering financial and lifestyle services in China , has integrated with DeepSeek . This integration is a major step in Yiren ’ s technological transformation , enhancing its AI capabilities . The focus is on improving workflows such as meeting management , schedule automation and intelligent financial management , aimed at boosting operational efficiencies . The move strengthens Yiren Digital ’ s commitment to innovation , streamlining collaboration and improving decisionmaking efficiency for users .
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