Wealthsimple announces $114 million investment led by TCV, claims $1.4 billion valuation
Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. Following the raise, Wealthsimple…
fintech
Today in hires: Traction Guest, TextNow, Deep Genomics, Perk Labs
Four Canadian companies have filled positions on their leadership teams. Here’s a breakdown of who is joining and what they…
Clearbanc deepens push into e-commerce with inventory financing
Toronto-based Clearbanc has launched a new inventory program, whereby Clearbanc purchases inventory directly from suppliers…
Today in funding: Course Studio, Olive, goPeer, WeUsThem, Prospre
Five Canadian startups have announced fresh funding to fuel their growth, including Course Studio, Olive, goPeer, WeUsThem,…
Properly receives $100 million in financing to fuel tech-enabled home buying process
Canadian startup Properly has secured $100 million CAD in debt financing to help support its capital heavy expense of purchasing…
Symend, Drop, ApplyBoard named among LinkedIn’s top startups to work for in 2020
LinkedIn has published the Canadian edition of its 2020 Top Startups list, featuring emerging startups to work for in Canada.…
SkipTheDishes co-founders look to shake up banking as Neo Financial hits the market
Neo Financial, the new Canadian FinTech startup focused on challenging the status quo in banking, has begun rolling out its…
Alberta makes new tech investments as part of recently-unveiled $75 million strategy
The Government of Alberta has made numerous new investments into the province’s technology sector within the last week as…
Wealthsimple launches cryptocurrency platform
Toronto-based FinTech startup Wealthsimple has launched its cryptocurrency platform, which provides users with commission-free…
Nuvei closes initial public offering at $833 million USD
Nuvei has reportedly closed its initial public offering (IPO) through the Toronto Stock Exchange (TSX) at $833 million USD.…
Canadian startup news of the week (9/20/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Power Corp acquires stake in Northleaf Capital through subsidiaries
Great-West Lifeco and Mackenzie Financial Corporation, a subsidiary of IGM Financial, are acquiring a non-controlling interest…
Nuvei stock surges, representing largest tech IPO in Canada
Nuvei’s stock price soared in its first day of trading, with numbers that make it the most valuable tech IPO on the Toronto…
As it launches savings accounts, Koho looks to increase “appeal and utility” as challenger bank
Challenger bank Koho is launching the newest evolution of its FinTech product line as it looks to increase its appeal to a…
Nuvei prices initial public offering at $26 USD, set to begin public trading next week
Montréal-based FinTech company Nuvei has officially set the price of its much-anticipated initial public offering (IPO) on…