Canadian startup news of the week (7/25/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
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Paystone secures $30 million from Crédit Mutuel Equity as part of plan to expand beyond North America
Payments and customer engagement software startup Paystone has secured a $30 million CAD strategic investment from France’s…
Funding roundup: Conquest Planning, Amphy, XCO, OceanSync
Four Canadian tech companies have recently secured fresh funding to fuel their growth. Here’s the latest on who raised money,…
Today in acquisitions: Paymi, EchoLotto, EssayJack, Company Capital, Allocadia, Pluribus
Six Canadian tech companies have recently made acquisitions or have been acquired, including Paymi, EchoLotto, EssayJack, Company…
Shopify invests in US-based Loop’s $65 million round
Shopify is among of group of investors in the recent financing round for United States-based customer relationship software…
Clearco launches new partnership recommendation service as part of push to serve founders “beyond capital”
Toronto-based founder support platform Clearco has launched ClearMatch, a new recommendation product that helps companies identify…
Coinsquare brings on Tradelogiq exec, Martin Piszel, as CEO
Cryptocurrency trading startup Coinsquare has tapped Martin Piszel, a former executive of Canadian trading platform Tradelogiq,…
Following string of exits, Rhino Ventures expands focus across Canada for third fund
With six exits under its belt, including Thinkific’s $184 million initial public offering, Rhino Ventures is looking to take…
New report shows Montréal relies too much on the megadeal to compete with other Canadian tech hubs
Another megadeal gave Montréal’s tech ecosystem a solid start to 2021, but without it, venture funding would have sunk far…
Wealthsimple rolls out fractional shares trading in Canada, US companies
Wealthsimple has introduced fractional shares to make buying and selling large stocks more accessible for new investors. The…
Float secures $5 million seed round to make corporate credit cards less of a headache
Toronto FinTech startup Float has secured $5 million to bring a Brex-like offering to the Canadian market. Formerly named Journal,…
S|W: The SaaS Weekly – From bootstrapped to big time
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
BC venture funding matches Toronto with over $1 billion raised in Q1 2021
With over $1 billion invested into British Columbia’s tech startups in the first quarter of this year, venture funding in…
Tetra Trust to become Canada’s first qualified crypto custodian, raises funding from Coinbase, Mogo
Calgary-based FinTech startup Tetra Trust said it has received regulatory approval from the Government of Alberta to store…
Relay Ventures bolsters investment team, while Antler expands to Canada
Two venture capital (VC) firms, Relay Ventures and Singapore-based Antler, have made recent moves in Canada to support the…