Innovations in Automation at OneVest
“Our emphasis has invariably been on execution,” stated Amar Ahluwalia, co-founder and CEO of OneVest, during a recent interview. “This focus allows us to efficiently fulfill operational duties, encompassing everything from onboarding processes to documentation uploads, query handling, and executing batch jobs.”
Ahluwalia elaborated that administrative personnel can leverage this technology to streamline billing and compliance documentation. For instance, the traditional account-opening process, which typically consumes around 20 hours, can be reduced by five hours through automation.
Following a robust US$20 million Series B funding round in January 2025, OneVest has augmented its footprint across the United States, establishing alliances with banks, registered investment advisors, and broker-dealers. The firm is poised to penetrate a European market later this year.
Canadian Fintech Sees US$2.4B Investment in 2025
According to a report by KPMG, investment in the Canadian fintech sector has returned to levels reminiscent of more historic norms, reflecting a more disciplined and judicious investment climate.
The report indicated persistent interest in later-stage enterprises, platform acquisitions, and niches such as artificial intelligence and digital assets.
Investment activity in venture capital, private equity, and M&A transactions in the Canadian fintech space totaled US$2.4 billion across 113 agreements in 2025, as per PitchBook analytics.
This figure marked a steep decline from an exceptionally lucrative 2024, which saw investments soar to US$9.9 billion through 161 deals, predominantly driven by two substantial transactions.
The latter half of 2025 witnessed an uptick in investment, with US$327 million allocated in the third quarter across 26 deals, and US$662 million dispersed across 16 transactions within the final quarter, according to KPMG. While the number of deals diminished sequentially, the average value of each deal experienced an increase.
The top three transactions in Canada comprised a US$898 million private equity acquisition of Toronto’s Converge Technology Solutions by H.I.G. Capital from San Francisco; Wealthsimple’s US$536 million equity financing; and Ripple’s US$200 million takeover of the Toronto-based stablecoin payment platform Rail.
Kareem Sadek, KPMG Canada’s leader in national technology risk services, referred to the Canadian federal government’s commitment to establish a regulatory framework for stablecoins as a “transformative” development for digital assets.
This initiative provides institutional participants with regulatory transparency and aligns Canada’s financial architecture with global standards.
“The demand for investment in Canadian fintech is anticipated to surge in 2026, as investors prioritize quality, scalability, and strategic synergy, signaling a maturation of the market toward sustained value creation,” asserted Dubie Cunningham, a partner in KPMG Canada’s banking and capital markets division.
Cunningham noted that the impending rollout of Canada’s open banking framework later this year is expected to act as a catalyst for challenger banks, where funding and operational scale are evolving.
Webull Set to Enable Continuous Trading
Online trading platform Webull has recently unveiled its consolidated market data feed, facilitating overnight trading of U.S. equities, the company disclosed.
This innovation is specifically tailored for traders across the Asia-Pacific region, granting them access to U.S. market insights during their local daytime hours. The data feed aggregates real-time information from two U.S. overnight trading venues: Blue Ocean and Bruce Markets.
While basic bid and offer data is complimentary, access to more comprehensive information incurs a fee of US$4.99 per month.
Webull Canada expanded its trading hours in December 2024 to encompass 4:00 a.m. to 5:30 p.m. EST, Monday through Friday, a change from the previous schedule of 8:00 a.m. to 4:45 p.m. This schedule was further extended in 2025 to include hours up to 8:00 p.m.
Source link: Investmentexecutive.com.
