Report: Canadian VC funding reached new record in Q1 2021
Canadian venture funding hit a record high of $2.49 billion USD in the first quarter of this year, breaking the previous record…
fintech
Kitchener-Waterloo’s Magnet Forensics looks to raise $90 million CAD in IPO
Kitchener-Waterloo startup Magnet Forensics, which develops digital investigation software for forensic professionals, plans…
R|T: The Retail Times – Union busted
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
goeasy to acquire LendCare for $320 million
Toronto-based FinTech company LendCare, which offers financial services and point-of-sale solutions for businesses, is set…
Thinkific aims to raise $160 million CAD through TSX IPO
Vancouver’s Thinkific Labs is looking to raise $160 million CAD through its upcoming initial public offering (IPO) on the…
Georgian closes $1.02 billion USD alignment fund
Toronto venture capital firm Georgian Partners has closed its new Alignment Fund I, pulling in $1.02 billion USD. As reported…
How Flinks plans to beat Plaid on its own turf
Valley-based FinTech unicorn Plaid has been in the news a lot lately, after a $5.3 billion sale to Visa fell through in January,…
Five Canadian startups named to CB Insights’ 2021 AI 100 list
Five Canadian artificial intelligence (AI) startups have made CB Insights’ fifth annual AI 100 list, which aims to highlight…
Payfare’s IPO reaches $75.2 million following exercise of over-allotment option
Toronto FinTech startup Payfare’s initial public offering (IPO) has increased to $75.2 million following an over-allotment…
Lightspeed launches payments product in UK, Europe
Lightspeed POS is launching its payments product in the United Kingdom (UK) and Europe. Lightspeed Payments will be rolled…
Today in acquisitions: Symbi Medical, eStruxture, Eddyfi/NDT, Pinmo, Crank Software, Plurilock
Over the last few weeks, six Canadian tech companies have recently made acquisitions or have been acquired. Here’s the latest…
Nuvei, Mogo expand reach into crypto space with new product offerings
Two of Canada’s largest publicly-traded FinTech companies, Montréal-based Nuvei and Vancouver’s Mogo, have recently introduced…
Reddit sets up first Canadian office in Toronto
Reddit is setting up an office in Toronto, representing the social media giant’s first physical Canadian location. According…
Canadian startup news of the week (3/28/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Ontario Budget 2021 increases commitment to ministry of economic development with focus on pandemic recovery
The Government of Ontario has released its fiscal budget for 2021, committing an increased amount of capital to the ministry…