Québec’s new French language bill prompts letter of concern from tech business leaders
Stringent language requirements raise worries over attracting talent and economic damage.
fintech
Canadian startup news of the week (6/12/22)
Plus: The results are in for Tobi Lütke at Shopify.
Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone
Amid glut of unicorns, Bessemer calls centaur status “true mark of an exceptional SaaS startup.”
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Mash raises $7.5 million CAD to help builders, developers, and creators monetize
Mash wants to help creators generate cryptocurrency revenue.
S|W: The SaaS Weekly – Sheryl Sandberg leans out
Plus: BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds.
Clearco expands to Germany while cutting staff in Ireland
The cuts come three months after Clearco promised to hire 125 people in Ireland.
Canadian startup news of the week (6/5/22)
Plus: Shopify finds conflict minerals in its third-party manufactured components.
Parvis raises $2.6 million seed round for blockchain-enabled real estate investment management platform
Parvis’ direct-to-investor platform is set to launch later this summer.
R|T: The Retail Times – “Ready-to-eat” gets funding fuel while grocery delivery grinds to a halt
Plus: Shopify takes heat from ISS over plan to give CEO more power.
Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will
Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.”
Pine comes out of stealth to build “Wealthsimple for home buying”
Pine has secured $27 million since it was founded in 2021.
Lendified expressed doubts about moving forward as a company after posting first quarter loss
Lendified said it is running an accumulated deficit of $52.2 million.
R|T: The Retail Times – Shopify is testing Shop Cash
Plus: Lightspeed sees a path to profitability.