Koho becomes Canada’s latest unicorn following $130-million Series E round
FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.
FinTech
Nesto secures nearly $1.5-billion valuation in new Series E round
Montréal-based digital mortgage lender wants to speed up approvals using AI.
Coinbase Canada appoints Eric Richmond as new CEO
Former leader Lucas Matheson left the crypto exchange in December to join Opendoor.
DataBraid secures $1.9 million USD to solve insurance brokers’ “portal hopping” problem
Brainchild of Koru and Scoop aims to solve the quiet inefficiency eating away at brokers’ margins.
Stablecoins will eventually “leapfrog” real-time rail payments, finance leaders say
Panelists at the 2026 Canadian Finance Summit agreed that stablecoins present better value than RTR payments.
Robinhood officially enters Canada, following WonderFi acquisition
WonderFi’s president and CEO departed following the close of the deal.
Questrade’s Salim Naran doesn’t understand why more people aren’t using AI for personal finance
At Toronto Tech Week, Naran said uptake of AI tools for financial management is “surprisingly low.”
Purpose CEO Som Seif says “self-centred” finance industry is killing competition
Amidst battle with OSC, Seif claims incumbents wield the regulated nature of the financial industry against change.
Wealthsimple to offer early access to IPO trading
Upcoming IPOs for SpaceX and Anthropic are boosting demand.
Saris raises $28.8-million USD Series A to automate banks’ back offices
Canadian founders of YC-backed Oohlala Mobile return with new startup.
Investor burn books and FaceTiming Serena Williams: three founder fundraising stories from Homecoming
CEOs of Float, Neo Financial, and Rebel told Homecoming attendees how they courted investors.
WonderFi clears final regulatory hurdle to be acquired by Robinhood
More than a year after inking the deal, it’s finally slated to close on June 1.
Wealthsimple unveils new family and business products as it broadens banking push
At Wealthsimple Presents, company says it wants to be the platform for your entire financial life.
Relay secures $50 million USD to bring more small businesses to its banking platform
Toronto FinTech firm aims to build “financial command centre” for self-made small businesses.
Ian Crosby is back with a new accounting startup for the agentic AI era
Three-time Canadian founder raises $10 million USD for San Francisco-based Synthetic.