Affinio to be acquired by NowVertical Group for $9 million CAD
NowVertical Group has signed a definitive agreement to acquire all issued and outstanding shares in Halifax-based marketing…
Canadian Startup News
Shopify to help bands merch-ify their Spotify
Long-plagued by name confusion, especially in Twitter mentions, Canada’s Shopify and streaming service Spotify are teaming…
Penn National completes $2 billion acquisition of theScore
Pennsylvania-based Penn National Gaming, an operator of casinos and racetracks, has completed its acquisition of Score Media…
Former Twitter exec Kirstine Stewart joins Rivalry’s board of directors
Rivalry, a Toronto-based sports betting and media company, has announced that former Twitter executive Kirstine Stewart has…
Following $61 million TSX IPO, Propel Holdings eyes US expansion
Toronto-based FinTech startup Propel Holdings closed its IPO on the Toronto Stock Exchange, raising $61 million. The shares…
Wisely acquires Hopeful to create AI-powered fundraising powerhouse
Two Canadian startups specializing in AI-based fundraising for nonprofits have joined forces: Wisely has acquired Hopeful Inc.…
CapIntel signs partnership with IG Wealth Management
CapIntel, which provides a management platform for wealth management firms, has penned a partnership deal with IG Wealth Management,…
Steadiwear raises $1.1 million CAD to fuel launch of glove designed to combat hand tremors
Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing…
Axis Auto Finance lands $15 million to roll out digital loan product
Axis Auto Finance Inc., a Mississauga-based lender that describes itself as a FinTech servicing the alternative auto finance…
Hoot Reading secures investment from new $100 million Spin Master venture fund
Winnipeg-based EdTech startup Hoot Reading has raised $3 million CAD in seed financing to fuel the expansion of its online…
Online vehicle auction marketplace E Automotive revs up IPO plans
E Automotive, an online vehicle auction marketplace, is planning to go public on the Toronto Stock Exchange. The company has…
Following refocus and rebrand, Lydia AI secures $10 million CAD to make health insurance more inclusive
Insurtech startup Lydia AI has raised $10 million CAD ($8 million USD) to launch the first series of insurance products using…
Hopper acquires PlacePass, scores Marriott Bonvoy as customer for B2B business
Montréal’s Hopper is known for its flight and travel booking app, but the company makes most of its revenue from its FinTech…
BBTV, Spotter enter partnership worth $154.7 million to fuel content creator growth and monetization
Broadband TV (BBTV), a media-tech company based in Vancouver, has entered a partnership with Los Angeles-based Spotter worth…
Lightspeed’s Dax Dasilva launches environmental nonprofit, pledges $40 million for conservation, restoration projects
Dax Dasilva, founder and CEO of Montréal-based retail tech company Lightspeed Commerce, has launched a nonprofit environmental…