Alberta Securities Commission orders crypto exchange Catalyx to cease trading following security breach, loss of assets
Catalyx announced the security breach one week after the ASC issued its initial cease trade order.
calgary
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Social Finance Fund-backed Realize Capital Partners reveals first nine investments
Recipients include Idealist, Maple Bridge, PaceZero, Raven, Relentless, and The51.
F|T: The FinTech Times – Synctera and Monarch Money seek to fill Canadian finance gaps
Plus: Block rival SumUp defies FinTech funding slump with $307 million cash injection.
Woveo closes $2.3 million to expand community wallet platform for underserved banking customers
As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit.
Started in a bar, now we’re here: Startup TNT completes first close of targeted $5-million venture fund
Fund I will write $50,000 cheques to winners of Startup TNT investment summits.
R|T: The Retail Times – Shopify’s Black Friday-Cyber Monday breaks records
Plus: Shein officially files for US IPO.
A|I: The AI Times – Sam Altman is back, Microsoft grabs a board seat, OpenAI plans governance changes
Plus: PASQAL commits $90 million to quantum initiative to DistriQ in Sherbrooke.
Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary-based proptech startup raised $3.5 million in seed financing in March.
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest.
MaRS IAF is back, ready to invest in early-stage startups
Plus: BetaKit announces strategic partnership with Good Future.
These three FinTech companies are hiring software developers in Canada
Neo Financial, Float Financial, and Ripple are on the prowl for software engineers, devs.
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau.
F|T: The FinTech Times – FreshBooks boots CEO, FinTech leaders pressure Liberals on open banking
Plus: WonderFi has now purchased assets from nearly half of Canada’s regulated crypto trading platforms.
A|I: The AI Times – Everything you need to know about the sudden firing of Sam Altman
Plus: TechBrew becomes 4AG with $17.5M Series A.