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.
FinTech
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.
Village Wellth raises $400,000 CAD seed round for its business acquisition platform
Village Wellth aims to “democratize” the acquisition process for buyers.
F|T: The FinTech Times – Things at Better are getting worse
Plus: Canadian tech salaries jumped 38 percent since 2019, but attracting talent is tough.
Convictional secures $50.7 million CAD, announces UK expansion
FinTech startup plans to ramp up staff, accelerate product development.
F|T: The FinTech Times – Bitcoin’s Bonnie and Clyde
Plus: Tories push Trudeau for plan to lure crypto investment.
11 Canadian tech companies to watch in 2022
ControlHQ’s co-founder is back with his #CDNtech crystal ball.
Wafra Capital Partners acquires Toronto FinTech startup Financeit from Goldman Sachs
The sale comes five years after Goldman Sachs acquired Financeit.
Micruity aims to “pensionize” 401(k) plans as it lands $6.5 million CAD seed round
Franklin Templeton and Allianz Life both made strategic investments in Micruity.
Newton Crypto now valued at $253 million following $25 million CAD Series B round
Tiny Capital, Shopify co-founder Tobias Lütke’s Snowdevil Capital helped fuel the financing.
With Portage backing, New York-based LoanStreet eyes Canadian market
Portage Ventures’ Adam Felesky believes “Canada could be an interesting market for LoanStreet.”
F|T: The FinTech Times – Can Koho disrupt Canadian banking before Wealthsimple disrupts them?
Plus: Coinbase adds Shopify CEO to board of directors.
Stamped AI closes $2 million to simplify financial statement prep for SMBs
Stamped AI describes itself as a “tech-enabled audit firm.”
ClearEstate raises $16.8 million CAD to help the grieving deal with estates
Lead investor OMERS Ventures says “end-of-life products” deserve more thoughtful solutions.