F|T: The FinTech Times – Who is Changpeng Zhao, Canada’s crypto king?
Plus: Bolt’s $1.5 billion deal to buy Wyre dies.
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WELL Health among few tech companies to crack TSX30 amid sector downturn
Last year’s top performing companies included the likes of Shopify and Goeasy.
Indigenous venture firm Raven Capital eyes US market as it secures $46 million for second fund
Fund II LPs include BDC Capital, Telus Pollinator Fund for Good, Vancity, Bank of America.
R|T: The Retail Times – Shopify swaps key execs amid financial downturn
Plus: Microsoft invests in Travis Kalanick’s CloudKitchens startup.
A|I: The AI Times – The AI chip war goes hot
Plus: Startup behind AI image generator in talks to raise at a valuation up to $1 billion.
S|W: The SaaS Weekly – Meta cuts Responsible Innovation team as Instagram fined €405 million for mishandling teen data
Plus: Netflix Hunts for Cost Cuts, From Cloud Computing to Corporate Swag.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
R|T: The Retail Times – Shopify to contest $40 million patent infringement verdict
Plus: Shopify warns merchants against using Amazon’s ‘Buy With Prime’ service.
S|W: The SaaS Weekly – 1Password shuffles C-suite as Snap lays off 20% of employees
Plus: Snap lays off 20% of employees.
F|T: The FinTech Times – Clearco comes home, Klarna’s losses triple
Plus: Ticketmaster taps Flow Blockchain to allow organizers to issue NFTs along with tickets.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.
Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
Supply chain analytics SaaS startup Lytica secures over $13 million in Series A round
Lytica uses AI to help companies reduce costs and mitigate risks in their supply chain.
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.