Vertu Capital secures minority stake in Dejero with $60 million investment
Waterloo-based company Dejero, which provides communications connectivity tech, announced a $60 million CAD minority recapitalization…
fintech
FDX reports 16 million consumers using API, claims Canada, US lead in open banking adoption
The Financial Data Exchange (FDX), an organization that aims to bring the financial industry under a common standard for financial…
Wayfair, Cloudflare join growing group of international firms opening Toronto offices
Two global companies, e-commerce firm Wayfair and software company Cloudflare, have announced plans to open new offices in…
Geoffrey Hinton explains neural networks, Plaid CEO talks three waves of digital finance at Collision 2021 day one
Collision 2021’s virtual conference kicked off this morning with opening remarks from Paddy Cosgrave, the co-founder of Collision…
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…
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…