Staircase Ventures bets on Sibli as VC firm reveals first four investments
Sibli uses AI to give asset managers “information advantage” when researching opportunities.
fintech
Float secures $50-million credit facility from Silicon Valley Bank to expand its financial products
FinTech firm teams up with SVB again to grow its corporate credit offering.
Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
Canadian VCs are less confident about 2024
Plus: Crypto stakeholders raise alarm on stablecoins.
Tracey Black to step down as president, CEO of Payments Canada
Payments Canada is responsible for implementing the long-awaited Real-Time Rail.
OneEleven taps Chris Greenfield as new managing director
Greenfield believes Canadian tech ecosystem is “beyond Series A,” and it’s time to prove it.
H|T: The Healthtech Times – Neuralink implants in first human test subject
Plus: How 23andMe’s valuation fell from $6 billion to nearly $0.
Blockchain startup Hivello raises $3.3 million CAD in pre-seed funding
Hivello wants to democratize access to Web3 projects.
Wealthsimple surpasses combined $200 million for venture, private credit, equity funds
The FinTech firm’s trio of alternative investment funds have seen demand from retail investors.
Koho wants to be the new bank on Bay Street
Plus: C100 CEO is out after less than two years in role.
Inovia report indicates Canadian software sector is returning to normal
Canadian VC funding bounced back from an annual decline in Q4 2023 more aggressively than other countries.
R|T: The Retail Times – How Shopify goes after enterprise brands
Plus: eBay and Flexport plan more staff cuts.
Communitech names six new Canadian tech companies on track to reach $1 billion in revenue by 2030
The startups include GoBolt, Humi, Smile Digital Health, SWTCH, ZayZoon, Connect Tech.
AI-powered medical record reviewer Wisedocs closes $12.7-million CAD Series A round
Wisedocs claims it has more than doubled its customer base in 2023.
In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.