Affirm to acquire PayBright for $340 million CAD
PayBright, one of Canada’s leading buy-now-pay-later providers, is set to be acquired by San Francisco-based Affirm. Affirm…
Canadian Startup News
British private equity investor Hg to acquire controlling stake in Benevity
Private equity firm Hg is set to acquire a majority controlling stake in Calgary-based corporate social responsibility software…
Tread tracks positive momentum as COVID-19 fuels tech adoption in construction sector
The COVID-19 pandemic is challenging sectors that have, until now, experienced relatively low levels of technological transformation.…
Report finds growth in tech jobs since February, Canada still experiencing brain drain
A report from the Innovation Economy Council states that while STEM and technology job numbers have risen since February, nearly…
Canadian Council for Aboriginal Business receives $500,000 investment from Facebook Canada
The Canadian Council for Aboriginal Business (CCAB) has received a $500,000 investment from Facebook Canada, designed to establish…
WELL Health Technologies extends reach into cybersecurity vertical with acquisition of Source 44
WELL Health Technologies, a publicly-traded healthtech company headquartered in Vancouver, has acquired cybersecurity company…
GoSecure raises $14 million, bringing Series E to $35 million USD
Montreal-based GoSecure, which has developed a cybersecurity managed detection and response (MDR) software platform, has raised…
Publicly listed Canadian tech companies Lightspeed, Nuvei continue to make acquisitions
Lightspeed and Nuvei, both Montréal-based tech companies that have recently entered the public market, are continuing to gobble…
Slack to be acquired by Salesforce for $27.7 billion USD
Vancouver-founded communications software company Slack is set to be acquired by Salesforce for $27.7 billion USD, in a cash…
Catherine Warren named CEO of new Innovate Edmonton
The newly established Innovate Edmonton has named its first CEO, Catherine Warren, following an extensive, nation-wide search…
Canadian government looking to create new regional development agency focused on British Columbia
The Government of Canada is exploring the possibility of creating an additional regional development agency (RDA) that would…
Shopify merchants generate $5.1 billion USD over Black Friday, Cyber Monday weekend
Shopify merchants generated over $5.1 billion USD in sales worldwide during Black Friday and Cyber Monday, according to data…
Event platform Planned raises $4.7 million as it hopes for return to in-person events
Montreal-based corporate event platform startup Planned has raised $4.7 million CAD in venture financing led by Inovia Capital,…
Fall Economic Statement includes CEWS increase, SIF funding, other implications for tech sector
According to the federal government’s Fall Economic Statement, the national deficit is expected to reach $381 billion for…
PICTURESTART founder and CEO Erik Feig joins Wattpad Studios as advisor
Wattpad Studios, the film and television production arm of Toronto-based Wattpad, has brought on Erik Feig, founder and CEO…