F|T: The FinTech Times – Open banking working group failing to address critical issues
Plus: Dapper Labs backs blockchain gaming firm Revolving Games through $13.2 million USD round.
vancouver
The51 appoints former AltaML, CDL manager Danielle Gifford as director for Movement51
With Danielle Gifford at the helm, Movement51 plans for its next growth phase across Canada.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
“Social” healthtech startup Curatio merges with Australian medtech firm RxMx
Named RxPx, the combined entity is backed by RxMx majority shareholder Pemba Capital Partners.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.
S|W: The SaaS Weekly – OpenText has a Micro Focus
Plus: Vendasta, Q4 make layoffs.
Plurilock completes acquisition of assets from India-based CloudCodes
CloudCodes marks another addition to Plurilock’s rapidly growing portfolio.
F|T: The FinTech Times – Canadian FinTech is in the tank, but this challenger bank thinks it can stay afloat with scale
Plus: Canadian tech companies continue to hire despite downturn.
Bench taps current president and CFO, Jean-Philippe Durrios, as new CEO
Bench board called Durrios the “clear choice.”
Flow Ventures partner Bryan Watson lands at Venbridge as SVP of business development
Watson will use his expertise in SR&ED credits to attract more business.
BarrelWise secures $3.1 million CAD to modernize wine barrel management
The Vancouver startup aims to tackle thousands of years of winemaking tradition.
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams.
Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
Vendasta lays off staff after the pandemic spurred fast-pace growth
Vendasta’s teams are spread across Canada, India, and the US.
Myplanet raises $14 million CAD to become leader in emerging ‘composable commerce’ market
Myplanet’s customers include New Balance, Harry Rosen, Telus.