Diagram doubles size of Opportunity Fund with final $60 million close
MontrĂ©al-based venture builder and investor Diagram Ventures has secured an additional $60 million CAD in the final close…
fintech
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
MontrĂ©al-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 Universityâs Lazaridis Institute is looking for 10 Canadian companies for the seventh cohort of its ScaleUp…
Mogo increases Coinsquare ownership stake for second time, gains ability to buy majority
Vancouver FinTech company Mogo has reached a deal to increase its ownership position in Coinsquare for the second time since…
Communitech, OMERS, Wealthsimple leaders agree Canadaâs tech moment created a âcompetition for awesomeâ
With the recent explosion in funding deals, acquisitions, and IPOs, Canadian tech is experiencing a historic moment. Yesterday,…
Crypto startup Ledn secures $36 million CAD from group including Reddit co-founder, hedge fund billionaire
Toronto-based Ledn, which offers financial services to cryptocurrency holders, has raised $36.1 million CAD ($30 million USD)…
Mogo, Unbounce making acquisitions amid planned expansions
Two Canadian tech companies, Mogo and Unbounce, are acquiring other firms as they look to expand their offerings. Mogo, a Vancouver-based…
Wingocard secures $2 million CAD, launches app to teach teens financial literacy
Backed by $2 million CAD ($1.7 million USD) in fresh seed funding, MontrĂ©al-based FinTech startup Wingocard has officially…
BuyProperly raises $2 million to expand real estate investment platform across Canada, US
Toronto-based FinTech startup BuyProperly has secured a $2 million CAD pre-seed round to fuel the growth of its online fractional…
Mogo to nearly double stake in Coinsquare to 37 percent
Vancouver FinTech company Mogo has announced plans to increase its ownership position in Coinsquare by purchasing an additional…
Relay Financial secures $18.2 million CAD to bring financial management solution to more SMBs in US
Toronto-based FinTech software startup Relay Financial has raised an $18.2 million CAD ($15 million USD) Series A round to…