Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
FinTech
F|T: The FinTech Times – Better.com’s stock tanks, Ramp officially closes $300M at valuation haircut
Plus: Hopper’s embedded FinTech offerings are now half of its app revenue.
MindBridge founder Solon Angel joins Fresh Founders as managing partner
Following MindBridge departure, Angel wanted to explore another “specific idea in accounting tech.”
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.
Hopper continues embedded FinTech push with Air Canada partnership
FinTech offerings now represent half of Hopper’s app revenue.
F|T: The FinTech Times – Canadian FinTech investment drops to pandemic lows
Plus: PayPal gets new CEO, Coinbase looks to be long-term leader in Canada.
FinTech vertical sluggish as investors worry over economy, KPMG report says
FinTech valuations are the weakest since COVID-19 hit in the first half of 2020.
Coinberry team relaunches with APX Lending platform prioritizing ‘safety and security’
APX Lending says it stresses integrity and reliability in its crypto dealings.
Coinbase says it wants to be a long-term leader in Canada’s crypto market
With “regulatory clarity” and a new country director, Coinbase says it’s ready to grow in Canada.
How a cold DM to a16z helped Finofo raise its $1.6-million CAD pre-seed round
After launching tools for cross-border payments, Finofo aims to become “all-in-one” solution for finance teams.
F|T: The FinTech Times – FinTech platforms are leaning more on buy now, pay later
Plus: Desmarais family quietly reshapes a financial empire.
F|T: The FinTech Times – Neo Financial goes all-in on partner credit cards, US regulators worry of Binance bank run
Plus: National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio.
Neo Financial goes all-in on embedded finance with new suite of credit cards
The FinTech startup is partnering with Tim Hortons, Cathay Pacific to offer rewards.
National Bank acquires Silicon Valley Bank’s Canadian commercial loan portfolio
The $1-billion CAD portfolio includes $325 million CAD in outstanding loan commitments.
F|T: The FinTech Times – Stripe to power Shopify’s new business credit card
Plus: How the partnership between Apple and Goldman Sachs soured.