Revolut leaving Canadian market
United Kingdom-based FinTech startup Revolut is pulling out of Canada, BetaKit has learned, more than a year and a half after…
fintech
Canadian securities regulators issue guidance on improving disclosures of crypto assets
The Canadian Securities Administrators (CSA), an umbrella organization of the provincial and territorial securities regulators,…
Today in funding: Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, DeFi Ventures
Seven Canadian tech companies, Ratesdotca, Damon Motorcycles, Forma.ai, Vegano Foods, Dispension, GenXys, and DeFi Ventures…
PitchPoint Solutions secures $4.5 million from CIBC Innovation Banking to grow fraud prevention service
Toronto and Florida-based FinTech company PitchPoint Solutions has secured $4.5 million in financing from CIBC Innovation Banking…
Koho secures $70 million Series C to scale adoption of its digital banking services
Koho has secured $70 million CAD in Series C financing, which sources estimate put its post-money valuation at $300 million.…
Pinterest expanding Toronto presence with new engineering hub
Pinterest has revealed plans to expand its Toronto presence with 50 hires and an engineering hub in the city. The engineering…
Wealthsimple launches peer-to-peer payment Cash app nationwide
Toronto-based FinTech startup Wealthsimple has launched its new consumer payment app, Wealthsimple Cash, for users across Canada.…
Wrapbook raises $34 million CAD to capitalize on digital transformation in entertainment industry
Wrapbook, a Toronto and New York-based startup at the intersection of entertainment and FinTech, has raised a $34 million CAD…
Canadian startup news of the week (3/07/21)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada
Wealthsimple has sold its United States (US) book of business to online financial services company Betterment. The Toronto-based…
FrontFundr looks to help companies go public through new partnership
Silver Maple Ventures, the owner of equity crowdfunding platform FrontFundr and FinTech platform DealSquare, has partnered…
Today in funding: Rivalry, Hardbacon, Facedrive, DataJoy, Mavennet
Five Canadian-associated startups have recently announced fresh funding rounds to fuel their growth. Here’s the latest on…
Information Venture Partners adds former Georgian investor Jane Podbelskaya as it continues to expand team
Toronto-based venture capital and private equity firm Information Venture Partners (Information VP) has appointed Jane Podbelskaya…
Clearbanc expands reach of revenue financing model with new product for early-stage founders
Clearbanc is currently testing out a new product in public beta, ClearAngel, that will allow companies at the earliest stages…
Alberta 2021 budget includes funding for tech sector as part of overall economic recovery plan
The government of Alberta has released its fiscal budget for the years 2021-22, which earmarked some funding for the province’s…