Foxquilt raises $1.2 million to help people save on insurance by buying in groups
Toronto-based Foxquilt has announced a close of $1.2 million in a seed round led by Extreme Venture Partners. The company was co-founded by CEO…
Trending: FinTech in Canada
Lendesk launches lender network with Scotiabank, First National Financial
Lendesk has launched its Lendesk Lender Networka direct-to-lender mortgage application network—with several Canadian mortgage lending institutions. The institutions include Scotia Mortgage Authority (Scotiabank), First…
F|T: The FinTech Times – Bank of Amazon
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before…
Latest Posts on FinTech in Canada
Springboard Atlantic receives $9.6 million from ACOA
Springboard Atlantic, an organization that helps companies commercialize through partnerships with universities and colleges, is set to receive $9.6 million over three years from…
Praemo raises $3.5 million to develop industrial IoT platform
Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series A. The round was led by…
R|T: The Retail Times – Molecular brew
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using the form at…
Drop closes $58 million CAD Series B with eyes on accelerated growth, going public
Mobile rewards startup Drop has closed a $58 million CAD ($44 million USD) Series B to help accelerate its growth and allow it to…
SomaDetect among Atlantic Canada women-led startups receiving funding through WES
On Monday, the federal government revealed a number of Atlantic Canada women-led companies that are receiving funding through the Women Entrepreneurship Strategy, including Fredericton-based…
Ontario’s advanced manufacturing Supercluster announces first project
The Next Generation Manufacturing (NGen) Supercluster announced on Wednesday that it has approved its first project as part of the federal government’s Innovation Supercluster…
Global emission monitoring startup receives $3.3 million to monitor oil and gas in BC
Montreal-based GHGSat, which builds global emissions monitoring solutions, has received $3.3 million from Sustainable Development Technology Canada. GHGSat is using the funding on a…
Xanadu, BMO, Scotiabank joint project uses quantum for trading products
Toronto-based Xanadu has announced the findings of a joint proof-of-concept with BMO and Scotiabank. The firms worked on discovering computational speedups and improved accuracy…
11 Canadian companies participating in Y Combinator summer 2019 cohort
This week, Y Combinator held its Summer 2019 Demo Day and this time 11 Canadian startups participated in the seed accelerator program. YC’s summer…