EQ Bank launches business card with cashback and high interest for Canadian SMBs.

EQ Bank launched product launch on June 18, 2026.

Primary

EQ Bank

Structure

product launch

Date

June 18, 2026

Sub-sector

Card Issuing

Shows an incumbent bank entering the SMB card/payments space with competitive rewards, but unlikely to materially shift fundraising or M&A strategy for sub-$250M fintech competitor

Primary company

EQ Bank

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 18, 2026

Sub-sector

Card Issuing

HQ

Not disclosed

Structure

product launch

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com