$86-million Series D extension has Koho targeting growth and profitability
Canadian challenger bank reaches one million users, $100-million run rate.
layoffs
R|T: The Retail Times – Shopify’s Black Friday-Cyber Monday breaks records
Plus: Shein officially files for US IPO.
A|I: The AI Times – Sam Altman is back, Microsoft grabs a board seat, OpenAI plans governance changes
Plus: PASQAL commits $90 million to quantum initiative to DistriQ in Sherbrooke.
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest.
Montréal FinTech firms target payments with latest offerings
Both Flinks and Shakepay reveal new payment services for businesses and consumers.
F|T: The FinTech Times – Apple cuts Goldman’s card, Coinbase praises Canadian crypto regulation
Plus: Willow.ca acquired by rental platform Guiker.
MaRS IAF is back, ready to invest in early-stage startups
Plus: BetaKit announces strategic partnership with Good Future.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
How talent across Canada can break into tech
ComIT’s Team-UP program helps individuals gain the real-world skills necessary to transition into tech.
Active Impact launches $120-million third cleantech fund, Feds release Fall Economic Statement
Plus: OV 3.0: What does the future hold for OMERS Ventures?
Megadeal slowdown in Q3 marks three-year low for Canadian venture volume
Plus: Why are there 100,000 fewer Canadian entrepreneurs?
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.
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.
Tokens.com slashes headcount by 40 percent in push to cut costs
Web3 firm is also exploring a potential sale of business segments.