Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.
Top Stories of the Week
Toby Triebel, who previously co-founded online lending platform Spotcap, will lead Wealthsimple’s UK business.
Wattpad is opening up a three-month residency program for teams outside of the company.
League plans to be in the top 10 US metro areas by summer 2018.
As Travis Kalanick resigns, Canadian co-founder Garrett Camp says Uber was too focused on growth(BETAKIT)
Investors pushed Kalanick to resign.
Hubdoc raises $6 million to remove the administration from accounting (Read here)
Logojoy raises $900,000 seed round to stay ahead of design automation space (Read here)
Finn.ai wins Capgemini’s $50,000 entrepreneurship and innovation award (Read here)
Mindbridge raises $4.3 million with goal to IPO within five years (Read here)
Mylo acquires Tactex Asset Management, including asset book of $110 million (Read here)
Payfirma launches white label payments platform for financial institutions (Read here)
#BetaKit1on1: Real Ventures’ Janet Bannister shares the most important thing Canadian companies should focus on(BETAKIT)
“I think the most important thing in order to be a scale up and to be the next unicorn is how do you scale your sales and marketing?” said Bannister.
Working with a PR agency on a launch or as part of an ongoing strategy can have great benefits to your startup.