Wealthsimple rolls out private equity offering for retail investors
PE marks the third alternative investing option Wealthsimple has launched since 2022.
fintech
Federal Fall Economic Statement promises to expand Payments Canada eligibility, introduce open banking legislation in 2024
Canada commits to “consumer-driven finance” and more powers for the Competition Bureau.
Megadeal slowdown in Q3 marks three-year low for Canadian venture volume
Plus: Why are there 100,000 fewer Canadian entrepreneurs?
Hopper-linked Deep Sky closes $57.5-million Series A to make Canada a “carbon removal capital”
Barely a year old, the Montréal cleantech startup has already amassed $75 million in total funding.
FreshBooks president and CEO depart as company lays off six percent of employees
FinTech firm promotes two interim co-CEOs, embarks on search for next leader.
Float launches new high-yield product geared toward Canadian SMBs
As other FinTech firms pull back from SMBs, Float aims to help them navigate inflation challenges.
S|W: The SaaS Weekly – Slack has a new CEO, again
Plus: Google and Microsoft are fighting, again.
SR&ED stress might be around the corner for startups come tax time
Plus: Alberta’s battle over who is an ‘engineer’ hits the legislature.
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
H|T: The Healthtech Times – Former unicorn Olive AI winds down operations
Plus: Nova Scotia taps Maple for province-wide virtual care.
R|T: The Retail Times – Shopify and Lightspeed shares surge after beating forecasts
Plus: Amazon unveils first BNPL option for SMBs through Affirm.
Dapper Labs, Nesto, Certn, top Deloitte’s 2023 Technology Fast 50 list
FinTech startups made a mark on the list of Canada’s leading technology companies.
A|I: The AI Times – Jim Balsillie says “AIDA needs to be scrapped completely” as Biden lays out new executive order
Plus: Thomson Reuters commits $100M a year to GenAI, Google $2B to Anthropic.
S|W: The SaaS Weekly – John Chen retires, Hyatt brothers return with DataStealth
Plus: Uber, Lyft to pay $328 million to settle wage-theft allegations.
BDC recommits to leading seed deals with new $50-million fund
Plus: The BetaKit Keynote Stage returns to SAAS NORTH 2023.