Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions
FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
Josh Scott is BetaKit’s lead reporter. He is based in Toronto but breaks news and tells in-depth stories from across Canada about all types of technology companies and the folks building and backing them. He has won SABEW Canada’s 2023 Jeff Sanford Best Young Journalist and 2024 General Excellence - Reporter at a Small Publication awards. Josh’s coverage is more complete than his moustache and he’s always open to tips and pitches. You can reach him at josh.scott@betakit.com and @jossco.77 on Signal.
FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.
Calgary company sees dip in total donations, but rise in volunteering compared to 2023.
This marks the first investment through the new Canadian Sovereign AI Compute Strategy.
Strategy includes $1.3 billion for computing infrastructure and $700 million for AI data centres.
Music tech startups join forces to compensate IP holders for songs created with AI.
Samsung, Bezos-backed financing comes after the firm quietly relocated to the US.
Plus: Canada sues Big Tech.
Rebranded to Seido Capital, the firm has secured $45 million towards its fifth fund.
Losing his Calgary dental practice to 2013 flood turned OraQ’s CEO into an entrepreneur.
Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion.
Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.
With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries.
Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.
Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.
Shopify shares rose over 21 percent following its third-quarter earnings beat.