![]() ![]() There are over one million SMEs in Canada.įounded in 2017 and based in London, UK, Pollinate provides banks with a cloud-based toolkit to serve small businesses. “Tyl by CIBC is a strategic investment in our commitment to help Canadian business owners achieve their ambitions through modern, digital technology, and the best of data-led insights, payments, and banking services through one simple and intuitive platform,” says Laura Dottori-Attanasio, group head, personal and business banking, CIBC. The platform also offers seamless integration into CIBC business banking services, the bank says.Īs part of the deal, the bank is making a strategic financial investment in Pollinate, joining Insight Partners, NatWest, National Australia Bank, Mastercard, Fiserv and EFM Asset Management with an ownership stake in the company. ![]() Tyl, which is already used in other global markets, enables payments acceptance, provides point-of-sale technology, and helps users administer loyalty programmes. SMEs can receive payments in-person and online and get transaction information and insights through a central hub. ![]()
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