Koho partnering with Hyr to offer early access to paycheques and government support
FinTech startup Koho is partnering with staffing startup Hyr, which provides in-app staffing solutions to employers, to give…
fintech
CI Financial extends ownership of WealthBar to 100 percent of the robo-advisor startup
Vancouver-based robo advisor startup WealthBar has been fully acquired by one of Canada’s largest wealth management firms,…
Moves expedites launch to provide loans to gig economy workers during pandemic
Moves, a Toronto-based FinTech startup, has expedited the planned launch of its platform in order to offer loans to gig economy…
Dialogue partners with Canadian insurance company iA Financial Group
Montréal-based Dialogue is partnering with Canadian insurance company iA Financial Group to facilitate access to virtual healthcare.…
With $73 million CAD, Symend closes one of the largest Series B rounds in recent Alberta history
Calgary-based Symend has raised a $73 million CAD ($52 million USD) Series B round of funding for its customer engagement platform…
Boosted.ai raises $11.2 million CAD Series A led by Portag3 Ventures
Boosted.ai, an artificial intelligence (AI) platform for the investment sector, has closed an $11.2 million CAD ($8 million…
Canada’s open banking consultations delayed until Fall “at the earliest”
Canada’s Department of Finance has delayed its consultation on open banking until the “Fall at the earliest,” BetaKit…
Atlantic Canada’s Propel accelerator shifts to continuous intake model
New Brunswick-based online accelerator Propel is shifting to a continuous intake model, meaning startups can begin the accelerator…
Hamzah Nassif joins Real Ventures as second partner in Toronto
Montréal-based early-stage venture capital firm Real Ventures has appointed Hamzah Nassif as the venture capital firm’s…
OMERS Ventures announces first transatlantic fund at $750 million USD
OMERS Ventures has announced its new $750 million USD fund, the first transatlantic commitment for the venture capital arm…
Borrowell lays off 20 percent of staff, citing financial institutions “pulling back” amid COVID-19
Toronto-based FinTech startup Borrowell has laid off approximately 20 percent of its staff, as the impacts of the COVID-19…
Waterloo tech companies join demands for wage subsidy modifications in letter to feds
A group of Kitchener-Waterloo region organizations and startups, led by Communitech, are echoing concerns that the federal…
Mogo lays off 30 percent of staff, makes company wide cuts citing COVID-19 uncertainty
Vancouver-based FinTech company Mogo has temporarily laid off 30 percent of its staff in a move to prepare for the growing…
C100 announces newest 48Hrs in the Valley cohort, postpones event to October
Twenty-six Canadian tech startups have been selected to join the 2020 48Hrs in the Valley program, hosted by C100, an…
CCI tells feds emergency wage subsidy must be expanded to support Canadian tech
The Council of Canadian Innovators (CCI) and its members are calling on the federal government to make adjustments to the 75…