Numida secures $16.7 million CAD in Serena Ventures-led round to equip more African SMEs with working capital
byThe loans startup plans to expand its services beyond Uganda to across Africa.
FinTech
Canadian unicorns Neo Financial, Ada lead LinkedIn’s 2022 Top Startups list
byApplyBoard appears on list for fourth consecutive year.
Toronto-Waterloo rises, Calgary and Montréal ecosystems to watch in Startup Genome’s global FinTech rankings
byVancouver cracks top 10 ecosystems with a population of less than three million.
F|T: The FinTech Times – Competitive intensity
byPlus: Amazon, Square launch BNPL in Canada.
Coinsquare to acquire CoinSmart as consolidation of Canadian crypto traders continues
byWith acquisition, Coinsquare seeks a seat at the regulatory table.
Amazon, Square launch buy now, pay later options in Canada
byAmazon, Square join growing number of BNPL solutions in Canada.
RBCx and RBC Ventures merge
byNew entity will support founders across banking, capital, platform, and ventures.
Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr
byFrontFundr has helped startups close $140 million across 100 campaigns.
New research surveys competitive intensity in Canada’s banking and payments sector
byThe task of Canada’s financial regulators is not enviable – but not impossible.
DealMaker takes over FundAmerica book of business from Prime Trust
byDealMaker CEO says deal doubles its client base.
PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market
byBacked by industry players, PolicyMe aims to expand beyond selling just life insurance and D2C.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
byVerifast recently closed a $3.5 million seed round.
F|T: The FinTech Times – Who is Changpeng Zhao, Canada’s crypto king?
byPlus: Bolt’s $1.5 billion deal to buy Wyre dies.
Composer secures $6 million USD to help retail investors adopt sophisticated trading strategies
byDespite market downturn, Composer has seen trading volume, AUM grow.
Insurtech ProNavigator secures $10 million to power US expansion
byProNavigator calls itself the “Google Search for Insurance.”