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Revolut leaving Canadian market (BETAKIT)
FinTech startup Revolut is pulling out of Canada, BetaKit has learned, more than a year and a half after launching a beta version of its offering locally.
Without reliable access to informed early-stage capital, we risk losing a generation of entrepreneurs and their future economic and social contributions. Over the last decade, NACO members have invested over $1 billion into more than 1,500 ventures. However, we continue to see gaps in the funding ecosystem.
Join us at NACO West 2021 from March 30-31 for conversations at the intersection of entrepreneurship, capital and innovation that will shape the future of Canada’s economic recovery.
Speakers include Chris Simair, managing director at Harvest Builders and co-founder of SkipTheDishes; Laura Kilcrease, CEO of Alberta Innovates; Andrew D’Souza, co-founder & CEO at Clearbanc; Amber Mac, TV host and author and John Stackhouse, author of Planet Canada and senior vice-president, office of the CEO at RBC.
Ontario is on track to pass new legislation to modernize its gambling sector by this fall following the conclusion of a public consultation process, according to the province’s Attorney General.
Rasha Katabi, the CEO and founder of Brim Financial, said today’s digital environment has led many institutions to review how they interact with customers.
Cryptocurrency exchange Coinbase has reached an implied $68 billion valuation ahead of its highly anticipated direct listing on the Nasdaq.
The transaction involves the sale of 8.2 million subordinate voting shares at a price of $60.22 USD per share.
Loans that hijack your phone are coming to India (REST OF WORLD)
Lenders are turning to coercive loan apps that shut down smartphones if customers fall behind on payments.
In a recent webcast, Sage Intacct’s David Appel spoke with Dave Kellogg and Mihir Jobalia about their forecasting tips for founders ready to raise.
Fireblocks provides custody to institutional investors — it currently stores $400 billion in cryptocurrencies.
BetaKit Live: Leading Through Change (BETAKIT)
Entrepreneurs, business leaders, and members of the Canadian tech community join for a panel conversation on leading through change Tuesday, March 30.
The German government examined the possibility of bailing out Wirecard just three days before it collapsed, according to documents seen by Reuters showing that officials were blindsided by the country’s biggest post-war fraud scandal.