Canadian startup news of the week (02/18/19)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
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Only one Canadian company places on list of top 100 AI companies in the world
Despite Canada’s rising reputation as a global leader in the artificial intelligence community, it appears Canadian companies…
Accenture finalizes acquisition of financial services assets from Zafin
Accenture has announced the completion of a transaction with Toronto-based Zafin, which will see select professional-services…
Koho continues to attack traditional banking features with new joint accounts
Today, Toronto-based Koho launched its joint account feature, allowing users to share finances with their partner, family member,…
Framework Venture Partners finally reaches $100 million first close after Fidelity backs out
Toronto-based venture capital firm Framework Venture Partners announced today that it has raised $100 million of a target $150…
Toronto-based Vouchr joins Wells Fargo Startup Accelerator
Vouchr, the Toronto-based developer of a digital gifting platform, has joined the Wells Fargo Startup Accelerator, which aims…
Report: Canadian tech raised record $4.6 billion CAD in VC funding over 2018
PwC Canada and CB Insights have released their MoneyTree report on Canadian VC investment trends for 2018, showing a tech ecosystem…
Mobeewave taps to add Samsung Venture Investment as company searches for user growth
Contactless payment platform Mobeewave has received additional funding as part of its Series B round. A new investment from…
Colleen Johnston tapped to join Shopify’s board of directors
Shopify announced today that Colleen Johnston will join the company’s board of directors. Johnston currently serves on the…
Mogo opens more than 200,000 new member accounts in 2018
Vancouver-based fintech startup Mogo Finance today announced it opened more than 210,000 new member accounts in 2018, bringing…
Portag3 Ventures expands into Europe, adds Hélène Falchier as partner
Toronto-based Portag3, an early-stage FinTech investor, announced that Hélène Falchier has joined their team as a new partner.…
Michael Sfalcin joins Yaletown Partners as Principal
Venture capital firm Yaletown Partners has announced that Michael Sfalcin has joined the company as Principal in its Toronto…
Microsoft for Startups names Adam Nanjee as Managing Director for Canada
Microsoft for Startups has announced Adam Nanjee will join as Managing Director for Canada. In his new role, Nanjee will be…
Department of Finance Canada launches consultations on open banking
The Department of Finance Canada has launched a public consultation on the merits of open banking. The launch, which also features…
Ada closes $19 million Series A to tackle travel and financial customer support
Toronto-based automated customer service startup Ada announced the close of a $19 million Series A round today, led by FirstMark…