Pinterest expanding Toronto presence with new engineering hub
Pinterest has revealed plans to expand its Toronto presence with 50 hires and an engineering hub in the city. The engineering…
fintech
Wealthsimple launches peer-to-peer payment Cash app nationwide
Toronto-based FinTech startup Wealthsimple has launched its new consumer payment app, Wealthsimple Cash, for users across Canada.…
Wrapbook raises $34 million CAD to capitalize on digital transformation in entertainment industry
Wrapbook, a Toronto and New York-based startup at the intersection of entertainment and FinTech, has raised a $34 million CAD…
Canadian startup news of the week (3/07/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada
Wealthsimple has sold its United States (US) book of business to online financial services company Betterment. The Toronto-based…
FrontFundr looks to help companies go public through new partnership
Silver Maple Ventures, the owner of equity crowdfunding platform FrontFundr and FinTech platform DealSquare, has partnered…
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on…
Information Venture Partners adds former Georgian investor Jane Podbelskaya as it continues to expand team
Toronto-based venture capital and private equity firm Information Venture Partners (Information VP) has appointed Jane Podbelskaya…
Clearbanc expands reach of revenue financing model with new product for early-stage founders
Clearbanc is currently testing out a new product in public beta, ClearAngel, that will allow companies at the earliest stages…
Alberta 2021 budget includes funding for tech sector as part of overall economic recovery plan
The government of Alberta has released its fiscal budget for the years 2021-22, which earmarked some funding for the province’s…
Today in acquisitions: Givex, NextPoint Acquisition, Herjavec Group, BIM One
Over the last two weeks, four Canadian tech companies have recently made acquisitions or have been acquired: Givex, NextPoint…
Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as…
Sagard closes $725 million for biopharmaceutical royalty investment fund
Sagard Holdings, the alternative asset manager arm of Power Corporation, has announced the final close of Sagard Healthcare…
Canadian startup news of the week (2/15/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
With new execs and new products, Koho says it’s ready to become Canada’s leading challenger bank
The launch of a new credit building product this week is the latest of many moves by Koho to scale its growth and become Canada’s…