Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups
Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn.
fintech
ZayZoon raises $25.5 million to expand its earned wage access business across the US
ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border.
QuadFi uses AI to make it easier for Canadian newcomers to obtain financing
The B Corp aims to give immigrants a boost with low-interest loans.
Canadian startup news of the week (8/1/22)
Plus: Our podcast was nominated for an award.
Shopify stumbling, Rogers resilient, recession fundraising
All bets are off.
Clearco cuts a quarter of staff amid “significant headwinds”
Clearco called the cuts “necessary” and “prudent.”
Crypto custodian Balance completes SOC 2 audit to increase customer confidence
Balance joins growing list of crypto firms becoming SOC compliant.
Canadian startup news of the week (7/24/22)
Plus: Shopify presses play on YouTube, Lightspeed pairs well with OpenTable.
R|T: The Retail Times – Inside Amazon’s strategy to shield its profits from Canadian taxes
Plus: Shopify completes acquisition of Deliverr.
Borrowell launches credit building program for renters
The program allows users to self-report rental payments.
Funding party is over as Toronto tech stumbles in Q2 2022
Investment in Q2 2022 fell 69 percent from record-setting first quarter.
EQ Bank latest bank to join Flinks’ open banking environment
Another bank signs an open banking deal with a FinTech firm as Canada’s system is underway.
Multilingual chatbot startup Proto secures $5.6 million for global expansion
Proto’s polyglot chatbot was created to improve inclusion, protection of customers.
Helcim, MintList, Ukko Agro among startups in third cohort of Google’s Canadian accelerator
Participants range from smart windows to dental software to agtech.
R|T: The Retail Times – Knix sells, Bruush to IPO, Tiggy halts operations
Plus: How Wish Built (and Fumbled) a Dollar Store for the Internet.