Canadian startup news of the week (2/15/21)

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


With new execs and new products, Koho says it's ready to become Canada's leading challenger bank

In recent months, Koho has made significant changes to its executive and senior leadership team, bringing on a new CTO, CMO, CFO, and VP of people and culture.


Google opens two more accelerators to Canadian startups as remote becomes the new reality

This brings Google’s total number of accelerator programs for Canadian startups and founders to four after it launched two Canadian-focused accelerators last year.


Shopify strikes deal to offer payment solution on Facebook, Instagram

This deal with Facebook represents the first time Shop Pay has been expanded beyond Shopify and directly onto social platforms, a spokesperson for the company told BetaKit.


Latest Funding, Acquisitions, and Layoffs


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BUZZFEED’S CRAIG SILVERMAN SAYS SOCIAL MEDIA NOW (KINDA) WANTS TO BE REGULATED

“If there’s ever been a 12-month period where the connection between online behaviour, online disinformation, and real-world harm, this is it.”


GOOD WEALTHSIMPLE, BAD FINTECH, UGLY INTERNET

Stonks were discussed. But we also discussed how business models differentiate trading platforms like Wealthsimple and Robinhood more than the underlying tech.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.