Wealthsimple sells US book of business to Betterment as company claims renewed focus on Canada
Wealthsimple has sold its United States (US) book of business to online financial services company Betterment. The Toronto-based…
Acquisitions
Galvanize to be acquired by Diligent for reported $1 billion USD
Risk management and compliance software company Galvanize is set to be acquired by Diligent Corporation, a corporate governance…
Today in acquisitions: Givex, NextPoint Acquisition, Herjavec Group, BIM One
Over the last two weeks, four Canadian tech companies have recently made acquisitions or have been acquired: Givex, NextPoint…
Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as…
Benevity receives investment from leading impact and sustainability funds as part of Hg deal
Calgary-based corporate social responsibility platform Benevity has received new investments from The Rise Fund and Generation…
Mogo to acquire 20 percent stake in Coinsquare for $56.4 million as crypto space heats up
Vancouver-based FinTech startup Mogo has agreed to purchase a 20 percent equity stake in cryptocurrency startup Coinsquare.…
Rewind acquires GitHub backup service BackHub
Ottawa-based cloud backup startup Rewind has acquired Berlin’s BackHub, as Rewind looks to expand the reach of its “backup-as-a-service”…
Gaming company LEAF debuts on TSX following $159 million acquisition of East Side Games
Vancouver-based company LEAF Mobile, which develops mobile games, has listed on the Toronto Stock Exchange (TSX). LEAF joined…
WELL Health Technologies to acquire CRH Medical for $373 million CAD
British Columbia’s WELL Health Technologies is set to acquire all issued and outstanding shares of fellow Vancouver health…
Today in acquisitions: Flexiti, Athena Software, Vanrx Pharmasystems
This week, three Canadian startups and organizations have been involved in acquisition deals, including Flexiti, Athena Software,…
Today in acquisitions: Manifold, Navotar, ShipperBee, FranchiseBlast
Over the past few weeks, four Canadian tech startups have been involved in acquisitions, including Manifold, Navotar, ShipperBee,…
Today in acquisitions: Wishpond, In Fidem, Tier1, ScreenScape, Kayan Health, Paper Leaf
Over the past few weeks, six acquisitions involving Canadian tech companies have either closed or are underway. Here’s the…
Following Wattpad acquisition, CEO Allen Lau says “I’m not done yet”
Following the news of Wattpad’s acquisition, which will see it purchased by South Korea’s Naver Corp., CEO Allen Lau…
Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health
Innovate Financial Health (IFH), a nonprofit that aims to support technology that improves financial health, has been acquired…
Think Research to acquire continuing medical education company MDBriefCase
Virtual care company Think Research is set to acquire fellow Toronto-based company MDBriefCase, for a total value of $25.3…