IBM to open new Toronto office, hire 500 across Greater Toronto Area
IBM Canada has announced plans to increase its headcount and consolidate its physical presence in Toronto, as it looks to support…
fintech
Google reveals first Canadian Cloud Accelerator cohort
Google Canada has revealed the list of startups joining the inaugural cohort of its 10-week cloud accelerator program for Canadian…
Shopify reportedly invests in Stripe, bringing total stake to over $350 million
Shopify has reportedly invested in San Francisco-based FinTech startup Stripe, which processes payments for e-commerce businesses.…
Shopify, Affirm open access to buy now, pay later service for US merchants
Canadian e-commerce firm Shopify and American buy now, pay later (BNPL) tech company Affirm have opened up access to Shop Pay…
Nesto secures $76 million to scale digital mortgage solution
Montréal-based FinTech startup Nesto has raised $76 million CAD in Series B financing as it looks to simplify the mortgage…
R|T: The Retail Times – The kids are high on Depop
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Pinterest looking for new Canada country manager
The Canadian division of image sharing and social media company Pinterest is currently searching for a new country manager…
GreenSky Capital secures $15 million in first close of Fund IV
Toronto-based venture firm GreenSky Capital recently announced the first close of its fourth fund, raising $15 million CAD…
Diagram doubles size of Opportunity Fund with final $60 million close
Montréal-based venture builder and investor Diagram Ventures has secured an additional $60 million CAD in the final close…
Trulioo hits $2 billion CAD valuation following $476 million Series D led by TCV
Global identity verification startup Trulioo has secured $476 million CAD ($394 million USD) in a TCV-led Series D funding…
Canadian startup news of the week (6/06/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
How Neo Financial plans to take on the Big Five banks from Calgary
Recently, BetaKit dropped a deep dive into the slow and troubled rollout of Open Banking in Canada. It caused… quite…
Bench secures $73 million CAD, unveils new banking products
Vancouver-based FinTech startup Bench has raised almost $73 million CAD ($60 million USD) in Series C financing and announced…
Nuvei filing indicates company may raise up to $1.8 billion USD in new issues, secondary offerings
Montréal-based payment processing company Nuvei indicated in a regulatory filing that it could raise up to a total of $1.8…
Lazaridis ScaleUp program opens applications for seventh cohort
Wilfrid Laurier University’s Lazaridis Institute is looking for 10 Canadian companies for the seventh cohort of its ScaleUp…