F|T: The FinTech Times – Portage secures a boatload
Plus: A year after launch, Backbone Angels is closing gaps felt by underrepresented founders.
FinTech
Market watch: Nuvei, VerticalScope, Magnet Forensics
Nuvei posts strong Q4, 2021 earnings as VerticalScope, Magnet see mixed results.
Portage Ventures closes $788.5 million CAD for third FinTech fund
Portage claims the early stage FinTech fund is one of the largest in the world.
DealMaker acquires Ridge Growth Agency to bolster capital raising platform
Ridge brings DealMaker closer to becoming a “one-stop-shop” for raising capital.
F|T: The FinTech Times – BitConnect founder goes bye-bye
Plus: Questrade launches online mortgage service QuestMortgage.
Walo secures $1.1 million to teach kids financial literacy
Walo provides a gamified mobile app that allows parents to automate allowances.
The Group Ventures secures $20 million for Fund II to invest in Canadian, Israeli tech startups
The Group Ventures’ portfolio includes MindBridge and Flybits.
Questrade launches online mortgage service QuestMortgage
Mortgages could be a differentiator for Questrade amid Wealthsimple competition.
Epoch Integration co-founders secure funding to simplify tax prep with Blackspark
The team that sold Epoch to BlackBerry is back to offer something better than “upload and pray” tax solutions.
F|T: The FinTech Times – Leadership changes at Clearco
Plus: 1Password expands into crypto.
Blockchain startup Bitfarms tops the TSXV’s annual technology ranking
Energy storage firm Equana led the cleantech list this year.
1Password expands into crypto, offering protection to crypto wallet users
“Crypto innovations are reshaping the world, but for many it seems too confusing or risky to join.”
Klarna to open offices in Toronto, Vancouver, Québec as company expands service to Canada
The Swedish payments company plans to hire over 500 engineers by 2025.
Former Bench CEO Ian Crosby joins Shopify Balance as product director
The Bench co-founder described Shopify Balance as “a phenomenal product.”
Michele Romanow becomes Clearco CEO as Andrew D’Souza moves to Executive Chair
Clearco lost its CFO to Clio in January.