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The company raised the money in a friends and family round that included the founders’ and early employees’ own money.
“A Federal backed plan shows Canada’s commitment to driving and leading global innovation.”
– Miro Pavletic, CEO and co-founder of STACK
The round was led by Hambro Perks, with participation from Founders Factory.
Goldman Sachs is looking to spinoff one of its tech bets at a $75 million valuation(BUSINESS INSIDER)
Goldman Sachs is looking to sell a stake in one of its FinTech bets — an online platform for retail bond investors called Simon.
Flexiti Financial wins bid to be POS financing partner for outdoor equipment manufacturers
Flexiti Financial now has access to over 800 dealers that sell lawn and garden tools and outdoor power equipment.
The round was led by GSR Ventures, with participation from SBI-FMO Emerging Asia Financial Sector Fund (SBI-FMO Fund), Vertex Ventures, Fullerton Financial Holdings (FFH), and Global Founders Capital (GFC).
By raising money through a token sale, Omise become the most established tech company to date to take this financing route.
The trajectory from big tech to fintech is becoming increasingly common. What makes for a successful transition and what can big tech folks take with them in their new ventures?
Through the app, users can open an account in three minutes and set a financial goal.
Tide enables users to set up a fully functioning business account in a matter of minutes using their passport or driving licence.
The round comes from Accel, with participation from Xavier Niel and Otium Venture.
You won’t recognize the new world of digital payments without this report(INSIDER INTELLIGENCE)
The growing importance of the smartphone as the go-to computing device for every digital activity is having a profound effect everywhere you look, but it’s only the biggest story among many exciting developments in the world of payments.
Back in February, SoFi took its first step toward adding checking and credit cards to its suite of financial services through its acquisition of Zenbanx.
Bitcoin was hailed as the digital currency of a utopian future, but, at least in the US, few people use it. What is taking off, however, is the tech underlying bitcoin.