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Breather, Ritual alumni look to ride retail investing wave with automated trading platform Composer (BETAKIT)
Backed by a group of investors that includes San Francisco’s First Round Capital and Toronto’s Golden Ventures, Composer aims to bring institutional investment strategies to retail investors.
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Buffett-backed Indian FinTech giant Paytm stumbles in market debut (WALL STREET JOURNAL)
The listing of payment platform’s parent, One97, is part of a wave of Indian tech IPOs.
Simplyk scores seed capital to take free nonprofit fundraising platform to the US (BETAKIT)
The financing, which brings Simplyk’s total funding to date to $4.5 million, also includes some undisclosed angel investors.
Crypto VC firm Paradigm debuts monster $2.5 billion fund (TECHCRUNCH)
As the crypto market continues to push toward new heights, investors are finding heightened LP appetite for exposure to the space, leading to new venture funds that are huge — even by 2021 standards.
BetaKit Live: How to drive growth and innovation through impact investing (BETAKIT)
In the next BetaKit Live on Thursday December 2, leaders from TELUS Pollinator Fund for Good, the Global Impact Investing Network, and Gotcare explain the corporate venture capital and impact investing space.
Hong Kong FinTech startup Airwallex raises another nine figures in funding (FORBES)
The startup called the funding round “oversubscribed” and “driven by strong underlying business performance in Q3.”
Manitoba grants Neo Financial $1.6 million to expand Winnipeg workforce (BETAKIT)
Neo Financial plans to use the funding to provide skills training for 300 new employees at the company’s headquarters in Winnipeg’s downtown Exchange District.
El Salvador government strikes deal with Bitfinex, Blockstream to issue $1 billion bitcoin bond (THE BLOCK CRYPTO)
El Salvador has struck a deal with iFinex and Canadian blockchain startup Blockstream and iFinex to advance its efforts in the Bitcoin market. For Victoria-based Blockstream, the news comes a few months after the company secured $266 million CAD in Series B funding at a $4 billion valuation.
What To Expect From Your Lead Investor (BETAKIT)
Silicon Valley Bank shares tips on what to expect from your lead investor and how to build a strong relationship with them.
Wrapbook claims $1 billion valuation with $100 million USD Series B raise (BETAKIT)
Eight months after closing a $27 million USD Series A round, Toronto and New York-based Wrapbook has raised $100 million in Series B financing led by Tiger Global Management to expand the reach of its payroll software for the entertainment industry.
Hamilton youth charged after $46M in cryptocurrency stolen from U.S. resident (CBC)
A Hamilton youth has been charged in the theft of $46 million in cryptocurrency after investigators learned some of it was put toward buying a gaming username.
EnPowered reveals $12.75 million in funding to become Stripe of cleantech (BETAKIT)
Kitchener-Waterloo-based startup EnPowered has announced $12.75 million CAD in seed financing to fuel the growth of its newly launched payments platform, which aims to boost the rate of cleantech project adoption.
The crypto company behind the renaming of the Los Angeles Staples Center (NEW YORK TIMES)
What’s Crypto.com, which is paying $700 million for the naming rights to the sports venue?
CDW survey uncovers troubling data about the state of cybersecurity in Canadian startups (BETAKIT)
Theo Van Wyk, Head of Solutions Development and Cybersecurity at CDW Canada, unpacks troubling statistics from a new CDW cybersecurity survey.