Diagram Ventures raises $55 million CAD for second fund
Diagram Ventures has announced the close of its second fund, raising $55 million CAD as the firm also brings on Smooch.io co-founder…
fintech
Borrowell raises $360,000 from LGBT investment group Gaingels
Toronto-based FinTech startup Borrowell has received a $360,000 CAD investment from Gaingels, a San Francisco-based LGBT affinity…
On the heels of $42 million raise, Koho launches Premium cashback account
Toronto-based FinTech Koho is now offering Koho Premium, a new cashback program for Canadians through its pre-paid card. Koho…
A list of 21 Ontario tech programs killed by Ford government cuts
Earlier today, BetaKit broke the news that the Ontario Centres of Excellence (OCE) made significant layoffs in light of the…
Yaletown Partners’ Sophie Gupta explains firm’s role in Equality Fund
The federal government recently invested $300 million to launch the Equality Fund, a new initiative created by three organizations,…
As SEC files suit, Kik’s Ted Livingston argues loss would be “disastrous” for crypto
The United States’ Securities and Exchange Commission (SEC) has officially charged Kik over its 2017 initial coin offering…
A|I: The AI Times – The AI gig economy is coming for you
The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the…
Silicon Valley startup Punchh opens Toronto AI engineering hub
Silicon Valley-based digital marketing solutions startup Punchh has opened an office in Toronto that will serve as an engineering…
Borrowell publicly launches AI credit monitoring app as it nears one million users
Toronto-based FinTech Borrowell today made its free credit monitoring app widely available on iOS and Android, as it looks…
Toronto-based CreditGenie acquired by Purpose Financial
Purpose Financial has announced the acquisition of Toronto-based CreditGenie, a startup aiming to disrupt the point-of-sale…
Canadian VC investments up 48 percent since same time last year, CVCA report finds
Canadian venture capital investments in the first quarter of 2019 marked another billion dollar quarter, the fifth billion…
Wealthsimple raises $100 million led by Allianz X to build a full stack financial service
Toronto-based Wealthsimple has secured a new $100 million investment round, led by Allianz X, the digital investment unit of…
Canadian startup news of the week (05/19/19)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
Power Financial now claims 89 percent stake in Wealthsimple following $30 million investment
Power Financial, a notable investor in the FinTech space and a backer of companies like Borrowell, Clearbanc, Koho, and League,…
Nest Wealth acquires Razor Logic Systems, offering investment and financial planning solutions
Toronto-based Nest Wealth, a digital wealth management platform, has acquired Razor Logic Systems, the creator of RazorPlan,…