Bench CEO and founder Ian Crosby out, company brings in president
Jean-Philippe Durrios has been named Bench’s new president and CFO.
fintech
Calgary broke its venture funding record in 2021 as deal volume almost doubled
Deal volume in Calgary increased 61% last year.
With nearly $4 billion raised, BC tech “stepped into the spotlight” in 2021
Investment in BC startups grew over 300 percent in 2021.
Wealthsimple launches green ETF on the NEO Exchange
The green bonds are helping finance solar projects and wind farms.
Canadian startup news of the week (1/23/22)
1Password goes Hollywood, makes history, while Sonder makes Nasdaq debut.
Shakepay secures $44 million Series A led by QED Investors to roll out more Bitcoin products
The round gives the Montréal crypto startup a $313 million valuation.
S|W: The SaaS Weekly – AmpMe accusations on the App Store
Plus: Vendasta closes second acquisition after dashed IPO plans, venture round.
Review of 11 Canadian tech companies to watch in 2021
Startups on the 2021 list made major financing deals and exits.
Conduit’s ‘Stripe for DeFi’ approach bags startup $21.2 million CAD round led by Portage
Conduit wants to make DeFi “invisible” via its APIs.
FundThrough acquires invoice financing business from Silicon Valley’s BlueVine
The purchase doubles FundThrough’s US customer base.
Neo Financial to bolster presence in Calgary with 113,000 square feet of new office space
Its expansion within Calgary comes from the rapid growth of its team, doubling its workforce to over 400 employees in the past…
Wagepoint makes first acquisition, purchasing Timesheet Mobile
Wagepoint to launch “Wagepoint 2.0” by 2022 with enhanced features.
Platform Calgary and Innovate Edmonton launch new pre-accelerator, Alberta Catalyzer
Platform Calgary hopes to open new Innovation Centre in 2022.
Mogo filing says relationship with Coinsquare is delaying CSA exemption
Exemptive relief and registration a no-go for Mogo (for now).
In preparation for IPO, Clio nabs Clearco CFO
Clearco also lost a co-founder as another becomes interim CFO.