Recently, the US, Canada, and Mexico all enacted shorter settlement times for securities trades, moving from two days, implemented in 2017, down to one business day (T+1). As U.S. Securities and Exchange Commission Chair Gary Gensler says about the move, “time is money and time is risk.” This is a great case study in theContinue reading “What a difference a day makes”
fintech
Peloton Technologies Launches PCI Compliant Payment Links
The new feature gives modern payment options to SMEs contending with mounting public security and compliance concerns. VICTORIA, BC, March 7, 2024 – Peloton Technologies has rolled out their latest product innovation adding secure, self-generated payment links to their comprehensive platform. This new feature is aimed at easing the burden of payment collection making it simpler, customizable,Continue reading “Peloton Technologies Launches PCI Compliant Payment Links”
Year in Review
2024 – Start your Engines! 2023 was a big year for us! All year we’ve been adding power “under the hood” and in 2024 we’ll be revving loudly, eager and excited for what’s coming. AcquisitionIn September, we completed the acquisition of KIS Payments. This was a huge milestone for us as it marked a newContinue reading “Year in Review”
Canadian Fintech Simplifying SME Payments Closes Seed Round with $2M in Funding
VICTORIA, BC, Nov. 23, 2023 – Peloton Technologies is announcing the close of their late seed round after securing $2M in investment. This funding is earmarked for activities that contribute to the company’s rapid growth trajectory. Founded in 2011, Peloton’s mission is to change the Canadian payments industry for the better by simplifying the traditionally convoluted workflows faced byContinue reading “Canadian Fintech Simplifying SME Payments Closes Seed Round with $2M in Funding”
Peloton Technologies Inc. becomes PacifiCan’s highest funded FinTech.
The Honourable Harjit S. Sajjan announces funding of over $8.1 million, extending Peloton’s total funding to $2 Million. July 10, 2023 – VICTORIA, BC – Peloton Technologies Inc. receives a funding extension of $1.5 million, for a total amount of $2 million, from the Pacific Economic Development Agency of Canada (PacifiCan) Business Scale-Up and ProductivityContinue reading “Peloton Technologies Inc. becomes PacifiCan’s highest funded FinTech.”