Drop closes $25.8 million Series A, repatriates former Airbnb exec
Toronto-based Drop announced today that it has closed a $25.8 million CAD Series A round ($21 million USD), led by New Enterprise…
FinTech
Ethereum Capital wants to raise $50 million to invest in Ethereum-based companies
Several Canadian VC firms and technologists have banded together to launch Toronto-based Ethereum Capital, a company dedicated…
3iQ first firm to have OSC and CSA-approved crypto fund
Toronto-based 3iQ said it has agreed to terms and conditions with the Ontario Securities Commission (OSC) and the Canadian…
Coinsquare planning $150 million IPO this year
Cryptocurrency exchange Coinsquare is planning to raise $150 million in an IPO in September, according to a report from Bloomberg.…
F|T: The FinTech Times – Beyond the bitcoin bubble
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Borrowell launches free Equifax credit report monitoring
Toronto-based Borrowell is now allowing Canadians to access their full credit reports for free. Borrowell first partnered with…
Transferwise partners with Flinks to power its instant account verification process
Montreal-based Flinks has partnered with Transferwise, a UK-based firm that works to provide international money transfer at…
Ethereum founder Vitalik Buterin proposes model to minimize risk in ICOs
In a post on the Ethereum Research Forum, Ethereum founder Vitalik Buterin detailed a method to make ICOs safer for investors…
Globalive Technology Partners and Nuuvera using blockchain to ensure safety in cannabis products
Globalive Technology Partners has announced that it is working with Brampton, Ontario-based Nuuvera, which is working on commercial…
F|T: The FinTech Times – Banks buying AI companies
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Vancouver-based InvestX fund now accepting cryptocurrency
Vancouver-based InvestX has launched a growth equity fund that will accept both traditional and cryptocurrency. The fund will…
RateHub raises $12 million Series A to build end-to-end mortgage platform
Toronto-based Ratehub has raised a $12 million Series A investment led by Elephant, a Boston-based VC firm founded by Jeremiah…
Visa report: Two in three Canadians would trust banks with biometric data
As technology progresses, so too do the ways in which people can store personal information. Beyond mere passwords, consumers…
Globalive’s Anthony Lacavera wants to undergo IPO for blockchain firm by mid-2018
Anthony Lacavera, founder of Globalive Capital and Wind Mobile, announced the launch of Globalive Technology Partners, which…
Mylo raises $2 million from Desjardins Capital to expand its spare change investment platform
Montreal-based Mylo — which allows users to round up their purchases and invest the spare change — has raised a $2 million…