fintech

Woveo closes $2.3 million to expand community wallet platform for underserved banking customers

As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit.

Canadian launch comes nine months after Synctera landed $15 million from National Bank.

Plus: Medtronic’s $738 million acquisition is cancelled.

US-based Monarch “fast-tracked” its Canadian expansion after the Mint shutdown news.

Vistara sees opportunity post-SVB as bank lenders, VCs pull back.

Plus: “Gentle Canadian” @BasedBeffJezos raises $14M for AI hardware startup.

Block bills Bitkey as a simpler alternative to other self-custody Bitcoin storage options.

Canadian challenger bank reaches one million users, $100-million run rate.

FinChat surpassed 100,000 users within a month of its launch.

The new offering comes over a year after Brex chose to “pivot away from SMBs.”

The ClimateTech Fund is co-anchored by Québec and Sagard.

Over 61 million consumers globally made purchases from Shopify sellers.

Plus: OV 3.0: What does the future hold for OMERS Ventures?

Plus: Is Shopify still an Ottawa darling?

PE marks the third alternative investing option Wealthsimple has launched since 2022.