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FreshBooks’ efforts to expand its international presence are led by Don Epperson, who took over as CEO at the beginning of this year, but predate his appointment.
Chime Financial raises $750 million in latest funding round (WALL STREET JOURNAL)
The funding round positions Chime for a potential IPO in the first half of 2022, a person familiar with the matter said.
Portage also recently completed the initial public offering of its FinTech Acquisition SPAC on the Nasdaq in July, securing $240 million USD.
The Poly Network hack is a big, expensive mess, and the hits keep coming.
In a recent Sage Intacct webinar, Bessemer Venture Partners partner Mary D’Onofrio and investor Janelle Teng shared their insights on the state of cloud companies in 2021, and what that means for young SaaS startups.
Carta says it just used its own product to establish a new — and far higher — valuation for itself (TECHCRUNCH)
Meanwhile, there are other reasons to think an auction like Carta’s will remain an outlier.
Nuvei announced that its year-over-year net income rose from $17.5 million CAD ($14 million USD) to $48.7 million CAD ($38.9 million USD).
Less than two weeks since going public, Robinhood is acquiring the shareholder-communication platform Say Technologies for $140 million.
XpertSea secures $25 million CAD to expand sustainable aquaculture solution to new markets (BETAKIT)
In 2018, XpertSea raised a $10 million Series A round to help farmers manage aquaculture inventory.
Leaders from MindBeacon, Esplanade Ventures, and TELUS Health MyCare join for a BetaKit Live panel conversation on the future of virtual care.
Argentine FinTech Ualá lands $350M at a $2.45B valuation in SoftBank, Tencent-led round (TECHCRUNCH)
Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion.
FinTech firm Mogo plans to launch a free stock trading platform that it expects will go live by the end of 2021.
Protocol has learned that the financial data aggregator is pausing a product that helped switch consumers’ direct deposits to a new bank.
Canada open banking report released (BETAKIT)
The Advisory Committee recommends that a limited initial phase of open banking would become operational by January 2023.