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A global survey on trends and innovations in financial services ranked Toronto as one of the top FinTech centres in the world.
Z/Yen Group, the same body responsible for producing the Global Financial Centres Index (GFCI), recently conducted a global survey of more than 300 unique respondents. The report, Trends and Innovations in Financial Services 2017 rates Toronto the world’s fifth leading fintech centre and the fourth leading fintech centre of the future, ahead of both Singapore and Hong Kong.
Toronto, Canada and Hamburg, Germany, 17 January 2017: Evotec AG (Frankfurt Stock Exchange: EVT, TecDAX, ISIN: DE0005664809) and MaRS Innovation today announced the launch of Fibrocor Therapeutics LP (“Fibrocor”), a Toronto-based company focused on developing first-in-class therapeutics targeting fibrotic diseases.
Bloomberg Philanthropies, the charitable arm of the global company, is providing seven municipalities across the world with grants through its Innovation Teams (i-team) program. Toronto is the first Canadian city to receive money through the program.
This week, several startups have made announcements launching new features and partnerships. Here’s the latest on company updates.