Grow (company)
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Grow (company)
Grow (formerly Grouplend) was a private Canadian financial technology company, headquartered in Vancouver, British Columbia and founded by Kevin Sandhu and Daniel Cowx in 2014. It started as a technology driven online consumer lender. Grow's platform enabled borrowers to obtain a loan, which were then sold to private accredited investors and institutional investors. The company later evolved its business model to partner with banks and credit unions to provide its proprietary technology to power traditional financial services companies' digital presence. On February 10, 2016 Grow announced its first partnership with a Canadian financial institution: First West Credit Union. The partnership enabled members of First West Credit Union to access the range of Grow product offerings directly through the British Columbian financial institution. The announcement with First West was followed on February 25, 2016, by a second partnership announcement with Conexus Credit Union, the largest c ...
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Financial Technology
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are regarded as the "ABCD" (four key areas) of fintech. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies. Key areas Academics Artificial intelligence (AI), blockchain, cloud computing, and big data are considered the four key areas of FinTech. Artificial intelli ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Country
A country is a distinct part of the world, such as a state, nation, or other political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, sovereign state, while the country of Wales is a component of a multi-part sovereign state, the United Kingdom. A country may be a historically sovereign area (such as Korea), a currently sovereign territory with a unified government (such as Senegal), or a non-sovereign geographic region associated with certain distinct political, ethnic, or cultural characteristics (such as the Basque Country). The definition and usage of the word "country" is flexible and has changed over time. ''The Economist'' wrote in 2010 that "any attempt to find a clear definition of a country soon runs into a thicket of exceptions and anomalies." Most sovereign states, but not all countries, are members of the United Nations. The largest country by area is Russia, while the smallest is ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, forests, lakes, mountains, inland deserts and grassy plains, and borders the province of Alberta to the east and the Yukon and Northwest Territories to the north. With an estimated population of 5.3million as of 2022, it is Canada's third-most populous province. The capital of British Columbia is Victoria and its largest city is Vancouver. Vancouver is the third-largest metropolitan area in Canada; the 2021 census recorded 2.6million people in Metro Vancouver. The first known human inhabitants of the area settled in British Columbia at least 10,000 years ago. Such groups include the Coast Salish, Tsilhqotʼin, and Haida peoples, among many others. One of the earliest British settlements in the area was Fort Victoria, established ...
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Software
Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists of machine language instructions supported by an individual processor—typically a central processing unit (CPU) or a graphics processing unit (GPU). Machine language consists of groups of binary values signifying processor instructions that change the state of the computer from its preceding state. For example, an instruction may change the value stored in a particular storage location in the computer—an effect that is not directly observable to the user. An instruction may also invoke one of many input or output operations, for example displaying some text on a computer screen; causing state changes which should be visible to the user. The processor executes the instructions in the order they are provided, unless it is instructed ...
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ATB Financial
ATB Financial is a financial institution and Crown corporation wholly owned by the province of Alberta, the only province in Canada with such a financial institution under its exclusive ownership. Originally established as Alberta Treasury Branches in 1938, ATB Financial operates only in Alberta and provides financial services to over 800,000 Albertan residents and businesses. It is the largest public bank in North America and Alberta’s largest financial institution based in the province. Headquartered in Edmonton, ATB Financial has over 5000 team members. ATB is not a chartered bank, meaning it is not regulated by the Canadian federal government under the ''Bank Act'' and associated regulations. ATB is instead regulated entirely by the Government of Alberta under the authority of the ''ATB Financial Act'' and associated regulations; the legislation is modeled on the statutes, regulations, and guidelines which govern banks and other federally chartered financial institutio ...
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List Of Banks And Credit Unions In Canada
This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks". The "Big Five" Canada's "big five" banks, and a few statistics (2013): The term "Big Six" is frequently used as well and includes the National Bank of Canada (2013 market cap of $8.9B), though its operations are primarily focused in the provinces of Quebec and New Brunswick. Banks by legal classification Banks in Canada are classified by their ownership as domestic banks, subsidiaries of foreign banks, or branches of foreign banks. For a greater explanation of the classifications, see ''Banking in Canada'' and ''Canada Bank Act''. Schedule I banks (domestic banks) Under the Canada Bank Act, Schedule I are banks that are not a subsidiary of a foreign bank, i.e., domestic banks, even if they have foreign shareholders. There are 35 domestic banks, included 2 federally regulated ...
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First West Credit Union
First West Credit Union (First West) is British Columbia’s third largest credit union with nearly $16.9 billion in total assets and assets under administration and more than 250,000 members. Its core business is traditional banking, the provision of personal and business daily banking services. First West has the largest geographic reach of any credit union in the province with 45 branches throughout B.C. The credit union is headquartered in the Vancouver suburb of Langley and has regional administration centres in Duncan on Vancouver Island and in Penticton in B.C.’s Southern Interior. Led by Chief Executive Officer Launi Skinner, First West has several subsidiary lines of business that include FWCU Capital Corp. and FW Wealth Management Ltd. First West operates 46 business locations under the following four divisions: *Envision Financial: Lower Mainland, Fraser Valley, Kitimat. *Valley First: Southern interior including the Okanagan and Kamloops. *Island Savings on Vancouv ...
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Conexus Credit Union
Conexus Credit Union is one of Saskatchewan's largest credit unions. Conexus has over $8 billion in consolidated assets, more than 130,000 members, and 30 branches across the province. More than 900 employees and sales professionals are located throughout the province. History In 1937, Tom Molloy, a reporter turned labour leader organized and created the Regina Co-operative Savings and Credit Union, which later came to be named Sherwood Credit Union. Sherwood Credit Union (later Conexus Credit Union) in 1976 implemented the first automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ... in Canada at its two branches in Regina. The project was developed for Sherwood Credit Union by the IT staff of CIS (Co-operative Insurance Services - later CGI) under contract to ...
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Saskatchewan
Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on the south by the United States, U.S. states of Montana and North Dakota. Saskatchewan and Alberta are the only landlocked provinces of Canada. In 2022, Saskatchewan's population was estimated at 1,205,119. Nearly 10% of Saskatchewan’s total area of is fresh water, mostly rivers, reservoirs and List of lakes in Saskatchewan, lakes. Residents primarily live in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city Saskatoon or the provincial capital Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Melfort, Saskatchewan, Melfort, and ...
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Markus Frind
Plenty of Fish is a Canadian online dating service, popular primarily in Canada, the United Kingdom, the Republic of Ireland, Australia, New Zealand, Spain, Brazil, and the United States. It is available in nine languages. The company, which is based in Vancouver, British Columbia generates revenue through advertising and premium memberships. While it is free to use, Plenty of Fish offers premium services as part of their upgraded membership, such as allowing users to see who has "liked" a member through the service's MeetMe feature, and whether a message has been read and/or deleted. History Markus Frind, CEO of Plenty of Fish Media Inc., graduated in 1999 from British Columbia Institute of Technology with a diploma in Computer Systems Technology, and founded the business in 2003. In 2004, Plenty of Fish became a full-time money making business for Markus. He ran the site independently until 2008, when he began hiring other employees at his new Vancouver headquarters. In 2009, P ...
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