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.
fintech
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.
S|W: The SaaS Weekly – Canadian-led Imply’s “multi-billion dollar opportunity.”
Plus: A timeline of Elon Musk’s takeover of Twitter
Gig economy banking app Moves raises $5 million in OMERS-led seed round
Moves wants to make the gig economy work for its workers.
Canadian startup news of the week (5/23/22)
Plus: Round13 launches new Web3 fund with initial $70 million USD.
Brim Financial appoints former Marqeta VP Arthur Zhao as chief financial officer
Arthur Zhao co-led Marqeta to its Nasdaq IPO last year.