fintech

Koho secures $190 million CAD in equity and debt to bolster banking licence efforts

CEO said he’s not betting the company on banking licence at Elevate.

Shares dropped more than 75 percent Friday after news that firm’s largest customer would not renew its contract.

Plus: Canada’s Top Startups list.

Company sees the UK as potential beachhead for expanding into the European market.

The new space opened three years after Stripe first established a physical presence in Toronto.

CEO says LumiQ found alignment with Vertu after staying away from institutional venture capital.

Did your startup make the 2024 list?

Startup is backed with $7.6 million CAD from Panache, Luge, Golden, and Motivate.

CVCA insists it remains dedicated to championing Canada following Peter van der Velden’s public comments.

Half of Pangaea’s fifth and largest fund has been allocated to date.

FinTech startup to roll out bank-like offering as it attempts to become a licenced bank.

Timezyx, SkyAcres, and skiKrumb took a slice of the $250,000 up for grabs in this year’s competition.

Panache Ventures general partner Prashant Matta suggest founders and investors must get back to playing offence.

Kara Swisher, Dax Dasilva, WNBA Toronto and some epics after-parties around the city.

Returning investors Mistral Ventures and Graphite Ventures among group behind $6.4-million CAD seed extension.