How Super raised $85 million USD after rebranding from Snapcommerce
Snap, now “Super,” raised funding from execs at Shopify, Ancestry, Substack.
FinTech
F|T: The FinTech Times – Wealthsimple co-founder steps back in C-suite shake-up
Plus: Canada’s new crypto rules: comply or leave.
Yield Exchange raises $700,000 CAD to simplify access to guaranteed investment certificates
Yield Exchange won two pitch competitions at SAAS NORTH 2022, taking home $110,000.
Wealthsimple co-founder Rudy Adler steps back as CMO as company makes exec changes
Diederik van Liere joins startup as new CTO.
F|T: The FinTech Times – Will FTX actually attempt a relaunch?
Plus: Arrest made in the stabbing death of Bob Lee.
Calgary Police Force, Chainalysis partnership aims to reduce cryptocurrency scams
Partnership hopes to offer training, support to other law enforcement agencies.
F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
Plus: Bob Lee, creator of Cash App, stabbed to death.
BetaKit’s most-read March stories show #CDNtech sector struggles continue as government innovation promises continue to lag
SVB’s collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions.
LayerZero Labs raises $120 million at $3 billion valuation to enable more multi-blockchain apps
VCs continue to bet on long-term growth for crypto despite volatile market.
F|T: The FinTech Times – Canadian FinTech startups tired of open banking waiting game
Plus: Federal budget 2023 commits to cleantech, little else
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
With no open banking update in #Budget2023, FinTech executives are increasingly jaded about timeline for delivery
Working groups resume April 14th, but open banking lead departs in September.
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud.
Québec budget aimed at stimulating the economy with investments in tech sectors, skilled labour
Cleantech, FinTech, AI, and quantum sciences are getting attention.