Review of 11 Canadian tech companies to watch in 2021
Startups on the 2021 list made major financing deals and exits.
FinTech
PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions
The acquisition follows a recent equity investment of up to $150 million.
Boosted.ai raises $43.7 million CAD to scale AI platform for investment managers
Boosted.ai claims $57.4 million CAD in total funding to date.
Conduit’s ‘Stripe for DeFi’ approach bags startup $21.2 million CAD round led by Portage
Conduit wants to make DeFi “invisible” via its APIs.
FundThrough acquires invoice financing business from Silicon Valley’s BlueVine
The purchase doubles FundThrough’s US customer base.
Neo Financial to bolster presence in Calgary with 113,000 square feet of new office space
Its expansion within Calgary comes from the rapid growth of its team, doubling its workforce to over 400 employees in the past…
Wagepoint makes first acquisition, purchasing Timesheet Mobile
Wagepoint to launch “Wagepoint 2.0” by 2022 with enhanced features.
F|T: The FinTech Times – WonderFi makes a huge (Bit)buy
Plus: Mogo filing says relationship with Coinsquare is delaying CSA exemption.
Mogo filing says relationship with Coinsquare is delaying CSA exemption
Exemptive relief and registration a no-go for Mogo (for now).
WonderFi acquiring Bitbuy, Canada’s first regulated crypto marketplace
WonderFi is backed by Kevin O’Leary.
Hardbacon acquires India-based financial calculator Findmytotal.com
Last year, Hardbacon announced plans to list on a Canadian stock exchange.
Xero to acquire Calgary’s TaxCycle in $75 million CAD deal to expand Canadian presence
Xero called the deal “an important step forward” in its commitment to Canada.
CoinSmart second crypto trading platform to receive marketplace status this month
Bitbuy also received marketplace approval in early December.
Following Moka acquisition, Mogo launches stock trading app
Mogo is ready to go-go head-to-head with Wealthsimple.
Hubly raises $1.7 million CAD to help financial services firms improve their productivity
Hubly aims to capitalize on the wealth management sector’s pandemic-fuelled digital transformation.