Alberta makes new tech investments as part of recently-unveiled $75 million strategy
The Government of Alberta has made numerous new investments into the provinceâs technology sector within the last week as…
fintech
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 utilityâ 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
MontrĂ©al-based FinTech company Nuvei has officially set the price of its much-anticipated initial public offering (IPO) on…
AppDirect closes $185 million led by Caisse de dépÎt et placement du Québec
AppDirect, a San Francisco-headquartered startup founded by two Canadians, has raised $185 million USD in funding, bringing…
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
MontrĂ©al-based FinTech company Nuvei has filed to go public on the Toronto Stock Exchange. Nuvei filed a preliminary prospectus…