LONGUEUIL: Desjardins invests $400 000 in X-TELIA

June 10, 2019

Desjardins has announced that it has invested $400 000 in X-TELIA, a Longueuil-based company specialized in the Internet of things and home automation sector. That investment is part of the creation of a $ 45 million fintech investment pool that aims to give Desjardins direct access to ownership of fintech (short for “financial technology”) companies, in Quebec and elsewhere.

To read Desjardins’ press release