PwC digital banking director Abraham Tachjian to be named Canada’s open banking lead
The appointment to come almost a year after its recommendation from the Advisory Committee on Open Banking.
Canadian Startup News
FinTech startup Reach secures $30 million in equity and debt
The deal marks Reach’s first outside capital.
Bootstrapped since 2008, Helcim raises $16 million for Stripe-style payment solution
Pivot in 2020 turned reseller into fast-growing payments FinTech.
How Optimity’s Jane Wang turned a personal tragedy into a life optimization platform
Wang is on a quest to democratize access to wellness and wealth.
While some Canadian tech companies move to support Ukrainians, others cut ties with Russia
In addition to support, some startups are following the Canadian government’s lead on sanctioning Russia.
Ottawa-based Fullscript acquires Emerson Ecologics to bring integrative medicine into the mainstream
The acquisition nearly doubles Fullscript’s annual revenue and users.
Alberta NDP tables bill to create new provincial venture fund for tech
NDP noted Alberta attracted less venture capital last year than provinces like Ontario, BC, Québec.
MinuteBox scores $5 million CAD to accelerate growth of its legaltech solution
Lawyer-led MinuteBox helps law firms manage their operations.
Creative Destruction Lab’s space stream goes global, expands to Atlanta, Paris
“This means twice the potential, and twice the possibilities for participating ventures.”
Bank of Canada to collaborate with MIT on digital currency research project
Canada explores digital currency as Biden calls for US to examine its own options.
Walmart launches global tech hub in Toronto, plans to hire hundreds
The initial hiring phase for Toronto includes 45 full-time roles.
Platform Innovation Centre in Calgary receives $2 million from the Government of Canada
The long-awaited innovation hub is set to officially open its doors in 2022.
Microsoft leads MedMe’s $3.4 million CAD seed round to help pharmacies expand beyond retail
Microsoft’s VC arm buys into MedMe’s vision to turn pharmacies into community health hubs.
HonestDoor closes $2.2 million in aim to bring accuracy to real estate valuations
HonestDoor wants to be the largest search portal for real estate valuations in Canada.
Wisedocs closes $4.1 million to bring medical document analysis to “entire” insurance ecosystem
Wisedocs’ “bread and butter” is helping insurance orgs work with medical records.