As SEC files suit, Kik’s Ted Livingston argues loss would be “disastrous” for crypto
The United States’ Securities and Exchange Commission (SEC) has officially charged Kik over its 2017 initial coin offering…
fintech
A|I: The AI Times – The AI gig economy is coming for you
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Silicon Valley startup Punchh opens Toronto AI engineering hub
Silicon Valley-based digital marketing solutions startup Punchh has opened an office in Toronto that will serve as an engineering…
Borrowell publicly launches AI credit monitoring app as it nears one million users
Toronto-based FinTech Borrowell today made its free credit monitoring app widely available on iOS and Android, as it looks…
Toronto-based CreditGenie acquired by Purpose Financial
Purpose Financial has announced the acquisition of Toronto-based CreditGenie, a startup aiming to disrupt the point-of-sale…
Canadian VC investments up 48 percent since same time last year, CVCA report finds
Canadian venture capital investments in the first quarter of 2019 marked another billion dollar quarter, the fifth billion…
Wealthsimple raises $100 million led by Allianz X to build a full stack financial service
Toronto-based Wealthsimple has secured a new $100 million investment round, led by Allianz X, the digital investment unit of…
Canadian startup news of the week (05/19/19)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Power Financial now claims 89 percent stake in Wealthsimple following $30 million investment
Power Financial, a notable investor in the FinTech space and a backer of companies like Borrowell, Clearbanc, Koho, and League,…
Nest Wealth acquires Razor Logic Systems, offering investment and financial planning solutions
Toronto-based Nest Wealth, a digital wealth management platform, has acquired Razor Logic Systems, the creator of RazorPlan,…
Koho raises $42 million Series B inside round led by Portag3 Ventures
Toronto-based FinTech startup Koho announced the close of a $42 million Series B round today, led by Portag3 Ventures, with…
QuadrigaCX investigation recovers $28 million of missing assets
Efforts to recover more than $200 million in cash and cryptocurrency from the former trading platform QuadrigaCX have resulted…
Five Canadian cities with highest volume of investment dollars and deals in 2018
Canada’s tech ecosystem is consistently growing year-over-year. Startup Genome’s recent report revealed that not only is…
Toronto-Waterloo takes top Canadian spot in startup ecosystem rankings, Vancouver nosedives
Vancouver’s place in the startup ecosystem rankings has significantly dropped, while Toronto-Waterloo is making a steady…
Rangle chief technology officer leaves as company restructures
Long-time chief technology officer at Rangle, Yuri Takhteyev, has left the company, BetaKit has learned. Takhteyev recently…