Lightspeed exceeds fiscal Q3 revenue, profitability targets but companyâs shares still slide
Growth will be Lightspeedâs âtop priorityâ in the coming year, says CEO.
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R|T: The Retail Times – Amazon wants Rufus to shop with you
Plus: Shopify unveils term loans, lines of credit for merchants.
A|I: The AI Times – AI is expensive. Cue the M&A.
Plus: Canada and UK sign memo on AI compute power.
As stablecoin compliance deadline looms, Canadaâs crypto industry calls for consultation
Coinbase, Kraken, Wealthsimple, WonderFi among those urging CSA to reconsider crackdown on fiat-backed stablecoins.
S|W: The SaaS Weekly – Toronto trio of tech firms shed jobs a second time
Plus: Antitrust regulations dampen deals and Metaâs paying dividends.
Exro to acquire California-based SEA Electric in $332-million CAD EV-tech deal
Exro said deal provides it with âa defined pathâ to profitability.
S|W: The SaaS Weekly – The âmother of all breachesâ and more layoffs at Salesforce
Plus: The Vancouver startup partnering with Napster (in 2024).
In banking licence pursuit, Koho is chasing a âseat at the tableâ and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
F|T: The FinTech Times – Brex burning bucks while Klarna mulls IPO
Plus: Visa partners with Plug and Play to support Canadian FinTech.
H|T: The Healthtech Times – OMERS reportedly puts LifeLabs up for sale
Plus: PointClickCare’s acquisition spree continues with US healthtech company.
Nesto enters brokers channel through partnership with M3 Mortgage Group
The digital mortgage lender will become available to over 8,500 brokers.
R|T: The Retail Times – Shopify has payments power over Amazon and a new $260M cheque into Flexport
Plus: GoDaddy launches payment processing and terminal in Canada.
A|I: The AI Times – Zuckerberg flexes Metaâs power on the AI market
Plus: Cohere investor Thomvest Ventures closes $250M fund.
S|W: The SaaS Weekly – NowVerticalâs boardroom drama spills into the public
Plus: 7shifts cuts 19 percent of staff in new layoffs to start 2024.
F|T: The FinTech Times – Neo and Pine backer Thomvest secures new $250M fund
Plus: Crypto is beanie babies, Coinbase says.