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Morneau provides more detail on government’s 75 percent wage subsidy for Canadian businesses(BETAKIT)
“This clause might be a killer for the tech ecosystem.”
“I believe this is a decent option for companies who don’t meet the 75 percent wage subsidy requirements.”
While Congress is still working out the details, FinTech companies are thinking that they should — and will — have a role to play getting stimulus money into the hands of entrepreneurs.
One of Atlanta’s rising unicorn FinTech companies is starting to feel the economic effects of the current global pandemic.
Recko cofounder Saurya Prakash Sinha told Inc42 that the fintech startup has raised $6 Mn in a fresh funding round led by Vertex Ventures.
Visa has prioritized growth in Africa, and partnering with startups is central to its strategy.
Rivet, a startup that helps providers keep track of insurance contracts and billing, closed an $8.25 million funding round. Technology venture capital company Menlo Ventures led the funding round.
Recorded in quarantine, BetaKit has a new podcast to help Canadian tech make it through #COVID19.
After signing up hundreds of millions of users, startups switch to lending and lean on merchants in search of revenues.
A newly released report by venture firm Finch Capital says that, despite short-term pain, the pandemic will ultimately drive adoption, creating a virtuous cycle for FinTech companies through the COVID-19 crisis.