Shopify reveals AI suite, business credit card, dropshipping-like feature in latest product showcase
Canadian rapper Drake launched his website Drake Related using Shopify Collective.
FinTech
MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO
AI-powered auditing-tech firm adds new interim leader as CEO and founder depart.
F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup
Plus: Hutsy takes home two wins at Startupfest.
Nuvei, Plaid extend payments partnership to expand to different regions and businesses
The FinTech company and payments startup are joining forces to roll out more features.
F|T: The FinTech Times – WonderFi completes three-way merger in landmark Canadian crypto deal
Plus: Dapper Labs makes third round of layoffs, Revolut loses $20M to theft.
Dapper Labs makes third round of layoffs since November as crypto winter continues
NBA Top Shot creator lays off 51 people amid NFT market struggles.
F|T: The FinTech Times – Binance unravelling, Kraken founder investigated by FBI
Plus: Mastercard’s new AI tool helps British banks tackle scams.
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry.
Tiptap and Omnirobotic pursue restructuring after startups fail to raise additional funding
As VC financing has dried up, a growing number of Canadian tech firms are running out of cash.
F|T: The FinTech Times – Stripe & Robinhood make layoffs, Financeit acquires competitor
Plus: FTX considers a reboot?
AWS, NVIDIA launch global FinTech accelerator for seed-stage startups
The accelerator aims to help FinTech companies using AI and machine learning in financial services.
ApplyBoard co-founder launches Passage to address Canada’s skilled worker shortage with $40-million seed round
Ex-ApplyBoard CEO plans to finance skilled immigrants that meet Canada’s workforce needs.
Almost sideswiped by a Stripe acquisition, Helcim responds with new Smart Terminal
After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment.
Financeit acquires consumer-loans competitor Simply Group Financial
The deal is estimated to be worth between $175-million and $225 million.
F|T: The FinTech Times – Neo launches secured credit card, Robinhood acquires credit card startup
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”