AppDirect closes $185 million led by Caisse de dépôt et placement du Québec
AppDirect, a San Francisco-headquartered startup founded by two Canadians, has raised $185 million USD in funding, bringing…
fintech
Senso, TransUnion sign deal to provide startup’s customer retention tech to mortgage lenders
Toronto-based predictive intelligence startup Senso, which helps financial institutions predict behaviour of clients, has signed…
Lightspeed CEO sets sights on growing omnichannel, payment offerings with NYSE listing
Lightspeed is hoping to take advantage of the intensified shift to omnichannel, and e-commerce due to the COVID-19 pandemic…
Federal government to host virtual South Korea trade mission for women entrepreneurs
The federal government has launched a virtual trade mission to South Korea to help women entrepreneurs in Canada explore opportunities…
Vancouver-based Klue raises $19.7 million CAD Series A
Vancouver-based artificial intelligence startup Klue, which has developed software aimed to give enterprises a better view…
Wealthsimple CFO stepping down to become CEO of Wealthsimple Foundation
Wealthsimple’s chief financial officer (CFO), Leen Li, is stepping down from her role and is set to become the CEO of…
Montréal payment tech company Nuvei files for IPO on TSX
Montréal-based FinTech company Nuvei has filed to go public on the Toronto Stock Exchange. Nuvei filed a preliminary prospectus…
ProNavigator raises $5.6 million to tackle United States insurance market
Kitchener InsurTech startup ProNavigator has closed a $5.6 million CAD financing round to help it increase its presence in…
As Ethereum turns five, the world’s second biggest crypto platform aims to tackle long-standing challenges
Five years ago, Ethereum, Canada’s biggest contribution to the blockchain space, officially went live. Since then, the cryptocurrency…
Insurtech Breathe Life raises $11.5 million CAD to accelerate go-to-market strategy
Breathe Life, the Montreal startup that has developed a software-as-a-service (SaaS) platform for insurance carriers, has raised…
Manzil partners with Koho to launch halal prepaid Visa card
Manzil, a Toronto-based FinTech startup that offers halal financial solutions including mortgages, has launched a partnership…
Wealthsimple receives conditional approval from regulators to test crypto platform
Toronto-based FinTech startup Wealthsimple has received conditional approval from the Canadian Securities Administrators’…
OSC introduces interim order to help facilitate startup securities crowdfunding
The Ontario Securities Commission (OSC) has introduced an interim local order that adopts a startup crowdfunding “regime”…
While venture funding stays consistent, BC startup deal count sees Q1 decline
Venture funding in British Columbia (BC) reached $246 million over 50 deals in the first quarter of 2020, as Victoria emerged…
Financial Data Exchange launches in Canada looking to create industry standard for financial data sharing
Financial Data Exchange (FDX), a United States-based non-profit organization dedicated to developing an industry standard for…