Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
Canadian innovators wonder what proposed SR&ED review will accomplish
Some think it’s time for a SR&ED overhaul, but what’s a review going to do?
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Shopify beta testing new rewards program, Shop Cash
Shopify’s latest Shop app experiment ratchets up potential competition with Amazon.
Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.
OnlyForward’s newly launched Gov’r app a “modern way” for citizens to engage with politicians
“When I think about how engagement feels, it feels like 2001.”
Canadian tech venture deal count continued to decline in Q1 2022, but total investment stayed high: CVCA
Q1 2022 was also just shy of the most private equity deals on record.
WonderFi, Bitfarms, Tokens.com, CoinSmart post earnings during a volatile period for crypto
Bitcoin sell-off, other factors impact companies’ bottom lines.
Spare, Lyft partner to offer flexible transportation for transit agencies
Spare tested the service in Texas ahead of a broader roll out.
Payment network giant Affirm extends its partnership with Shopify
Multi-year agreement extension cements Affirm as exclusive Shopify provider.
Dialogue, LifeSpeak struggle to please shareholders with first quarter 2022 results
Both healthtech companies noted user-driven revenue growth while share prices continue to tumble.
FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
The investor that bet on Shopify is now betting on Shopify stores.
Celtic House venture partner Jonathan Graff joins LifeRaft Inc. as CEO
Graff built digital media company, Kaboose, to over 500 employees.
Ontario 2022 budget continues innovation focus, but heavy on previously announced commitments
Province promises to expand fund of funds venture investing.