Bank modernization software provider Zafin to be acquired by Nordic Capital
A Zafin investor said the deal represents one of the largest recent exits in the Canadian software industry.
layoffs
Canadian VCs are less confident about 2024
Plus: Crypto stakeholders raise alarm on stablecoins.
Professor Esma Aïmeur discusses the double-edged sword of GenAI ahead of the World AI Cannes Festival
GenAI will exponentially increase the threats we face online, but it could also be our greatest protector.
H|T: The Healthtech Times – Neuralink implants in first human test subject
Plus: How 23andMe’s valuation fell from $6 billion to nearly $0.
R|T: The Retail Times – Amazon wants Rufus to shop with you
Plus: Shopify unveils term loans, lines of credit for merchants.
S|W: The SaaS Weekly – Toronto trio of tech firms shed jobs a second time
Plus: Antitrust regulations dampen deals and Meta’s paying dividends.
Koho wants to be the new bank on Bay Street
Plus: C100 CEO is out after less than two years in role.
R|T: The Retail Times – How Shopify goes after enterprise brands
Plus: eBay and Flexport plan more staff cuts.
Communitech names six new Canadian tech companies on track to reach $1 billion in revenue by 2030
The startups include GoBolt, Humi, Smile Digital Health, SWTCH, ZayZoon, Connect Tech.
Sports content startup STN Video acquired by Minute Media
Victoria startup’s platform distributes video content from major sports leagues.
In banking licence pursuit, Koho is chasing a “seat at the table” and real competition
Former Tangerine CEO Peter Aceto tapped to lead Koho Bank.
After years of providing free accounting and invoicing software, Wave rolls out paid model
CSO says new tiered, subscription-based pricing gives Wave a “sustainable way to grow.”
Ecosystem insiders on what Canadian tech should expect in 2024
Plus: A big week for women’s health in tech.
Interest rates remain unchanged (for now). What does that mean for Canadian tech in 2024?
After a down year, ecosystem insiders offer caution and optimism.
R|T: The Retail Times – Shopify has payments power over Amazon and a new $260M cheque into Flexport
Plus: GoDaddy launches payment processing and terminal in Canada.