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From Degrassi to Bay Street: what Drake has to do with open banking in Canada

CBC Radio | May 30, 2021

drake invests in wealthsimple 2 - From Degrassi to Bay Street: what Drake has to do with open banking in Canada

Toronto's 'Champagne Papi' may encourage more "open banking" in Canada by adding Wealthsimple to his portfolio

Canadian musical juggernaut Drake is among several celebrities to invest in the Canadian financial company Wealthsimple, a company that has more than tripled its value over the last year.

CBC Radio Drake and open banking - From Degrassi to Bay Street: what Drake has to do with open banking in Canada

But the rise of the technology-focused Canadian banking competitor isn't just about celebrity endorsements and rap stars trying to make money

See:  Review: Financial Consumer Agency of Canada (FCAC) submission to Advisory Committee on Open Banking

Cost of Living executive producer Tracy Johnson explores what Drake has to do with "open banking" in Canada and how there could be big changes coming to how we manage our money in this country.

Listen to the radio episode -->Now


NCFA Jan 2018 resize - From Degrassi to Bay Street: what Drake has to do with open banking in Canada The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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