Canadian startup news of the week (9/13/20)

Lightspeed office space

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


Lightspeed CEO sets sights on growing omnichannel, payment offerings with NYSE listing

Following the Montreal company’s official listing on the NYSE on Friday morning, BetaKit spoke with Lightspeed founder and CEO Dax Dasilva who discussed the “moment of opportunity” he sees for his company.


Canadian government announces $128 million Black Entrepreneurship Program

The Black Entrepreneurship Program will focus on providing funding and resources to Black entrepreneurs and small and medium-sized business owners.


US private equity firm Providence Strategic Growth takes majority stake in Wagepoint

The transaction also included a strategic growth investment of $10 million in primary capital to fuel Wagepoint’s growth.


Interac's Debbie Gamble and futurist Amy Webb talk shifting tech trends September 17

Interac will host futurist Amy Webb in an online event on September 17. The event is free of charge to all who wish to attend.


Latest Funding, Acquisitions, and Layoffs


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GOLDEN VENTURES PARTNER AMEET SHAH EXPLAINS THE CURRENTLY “HOT” VC MARKET

Ameet Shah, Partner at Golden Ventures, joins to discuss rising dealflow, shifting round focus, and increasing interest from US VC’s in the Canadian tech ecosystem.


PEEKAPAK CEO EXPLAINS HOW STARTUPS ARE SUPPORTING BACK TO SCHOOL

Ami Shah joins to discuss the tough decisions parents and teachers currently face, and how startups can support an educational system in limbo.


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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.