TSX:NABanks
Fintech Lawsuit Puts National Bank Of Canada’s Growth Approach Under Scrutiny
Fintech founders allege that a lawsuit filed by National Bank of Canada (TSX:NA) is intended to deter investment in their companies.
The dispute is framed by the founders as an effort to influence competition in the Canadian financial sector.
The public accusations add a new point of tension between established banks and emerging fintech firms.
National Bank of Canada, one of the country’s major financial institutions, operates in a sector where fintech firms are increasingly active in...