Vancouver entrepreneur whose last business was sold to PayPal for $400-million expands new fintech for banks [Toronto Globe and Mail (Ontario, Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Toronto Globe and Mail
Open this photo in gallery Lisa Shields, founder and chief executive officer of FI.SPAN, in Vancouver, on Dec. 12, 2018. DARRYL DYCK/Globe and Mail A Vancouver entrepreneur whose previous business was acquired by PayPal Holdings Inc. for $400-million is set to announce a key partnership with JPMorgan Chase & Co. for her latest financial-technology venture. Lisa Shields founded FI.SPAN in 2016, a year after she stepped down as chief executive of Hyperwallet Systems Inc. The sale of the 18-year-old international payments platform to PayPal, which was announced in June and closed last month, is one of the largest tech acquisitions in recent Canadian history. FI.SPAN continues Ms. Shields’s foray into financial technology, or fintech, which allows banks to connect business clients with new technologies. With only $6-million in financing behind it – including $4-million in seed money from the Business Development Bank of Canada’s Women in
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