Mogo to acquire 20 percent stake in Coinsquare for $56.4 million as crypto space heats up
Vancouver-based FinTech startup Mogo has agreed to purchase a 20 percent equity stake in cryptocurrency startup Coinsquare.…
fintech
Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.…
Purpose Financial secures $53.5 million CAD investment from Allianz X
Toronto FinTech company Purpose Financial has secured $53.5 million CAD from Allianz X, with the German investor acquiring…
Following changes to business, Coinsquare launches crypto trading app
Toronto-based crypto startup Coinsquare has launched a new app that allows Canadians to buy, sell, and trade digital assets.…
Ledn raises $3.4 million CAD to accelerate the growth of its Bitcoin-backed lending platform
Toronto-based FinTech startup Ledn has raised $3.4 million CAD ($2.7 million USD) in seed funding, as the company looks to…
Canadian startup news of the week (2/07/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
15 Canadian startups chosen for third Global Affairs’ California-focused women in tech program
Fifteen women-led Canadian tech companies have been selected to participate in the third iteration of Global Affairs Canada…
Canadian startup news of the week (1/31/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Wealthsimple Trade’s popularity soars amid Reddit-fuelled trading frenzy
Toronto-based Wealthsimple appears to be riding high on a wave of trading frenzy amid the ongoing short squeeze of GameStop…
TMX Group launches automated platform to help companies secure capital amid increase in private placements
TMX Group, which owns and operates the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), has launched TMX dealLINX,…
11 Canadian tech companies to watch in 2021
Every January for the past few years, thanks to the team at BetaKit, I’ve had the opportunity to share my thoughts on some…
Today in hires: Tulip, Mogo, NexTech, Alida, Bonjour Startup Montréal
Five Canadian organizations have brought on new team members, including Tulip, Mogo, NexTech, Alida, and Bonjour Startup Montréal.…
Canadian startup news of the week (1/24/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Paystone secures $69 million as company chases acquisitive growth strategy
Paystone, a London, Ontario and Montreal-based startup that offers customer engagement and payment processing software, has…
National Bank formally launches $200 million SME Growth Fund with initial investments
The National Bank of Canada has completed its initial capitalization of $200 million for the National Bank SME Growth Fund,…