Online brokerage Questrade lays off undisclosed number of employees
Questrade appears to have quietly exited digital mortgage business around same time Wealthsimple entered it.
layoffs
Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.
Hopper restructures again following renewal of Expedia partnership
Hopper reportedly cut 10 percent of staff just over a year after its last restructuring.
We need to talk about startup failure
Plus: Alberta Innovates the second provincial innovation to face a cyberattack this year.
Federal government reinvests in Scale-Up Platform with $47.5 million commitment to Invest Ottawa, MaRS, and Communitech
Scale-Up Platform offers regionally tailored programming for entrepreneurs in high-growth sectors.
Trolley secures $32-million CAD Series B to expand payout platform’s global reach
Growth equity financing for Montréal-based FinTech startup backed entirely by American investors.
Neo Financial’s $360-million Series D features big names, unanswered questions
Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup in down round led by unnamed Chinese investor.
Meanwhile, in Canada
Plus: WonderFi CEO Dean Skurka unharmed after kidnapping incident.
What keeps Canada’s zombie startups alive?
Plus: Hear from BC tech leaders on funding, moving to the US, and true grit.
Canadian tech’s lost generation
Plus: VC departures, political mudslinging, and a new centaur startup.
Plooto appoints John McLane as new CEO
Toronto FinTech scaleup has reshaped its team with recent hires and restructured workforce.
Champagne, Conservatives point fingers as Canadian cleantech startups suffer continued SDTC funding delays
Startups face layoffs and cancelled contracts to cover SDTC financing shortfalls, BetaKit has learned.
Georgian Partners isn’t the only one
Plus: Meet the BetaKit Town Hall: Vancouver speakers.
Inside FreshBooks’ struggle to reach profitability
FreshBooks is on a multi-year rollercoaster ride of executive turnover, staff reductions, and office shutdowns.
Canada’s AI godfather takes a shot at Sam Altman
Plus: Think you know 🇨🇦 tech? Take the quiz.