FinTechs - Jul 11, 2017

Wave a Toronto based fintech firm, received $32 million CAD in capital from investors including Royal Bank of Canada (RBC), Exhibition Capital and National Australia Bank (NAB)

Wave said, they will use the money to accelerate their product development. Further they will also invest in their AI and machine learning techniques to automate basic accounting functions and give analytics-based insights to their customers about how they can grow.