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.
FinTech
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.
Wealthsimple still working on crypto wallet withdrawals
Wealthsimple plans to ensure all users have access to BTC and ETH withdrawals soon.
Koho secures $210 million to give more Canadians access to wealth creation
CEO Daniel Eberhard says Koho has found its “flywheel.”
Fractional real estate investing startup Willow comes out of stealth
PropTech startup claims 10,000 people on investing waitlist.
F|T: The FinTech Times – Bench’s CEO gets benched
Plus: Wealthsimple founder says Canada should ‘plant a flag’ in crypto.
Bench CEO and founder Ian Crosby out, company brings in president
Jean-Philippe Durrios has been named Bench’s new president and CFO.
Marking its sixth acquisition, Paystone acquires Canadian Payment Services
Paystone CEO claims its the company’s largest deal to date.
Wealthsimple launches green ETF on the NEO Exchange
The green bonds are helping finance solar projects and wind farms.
Zafin acquires Fincad, adding analytics to its FinTech services
Zafin also announced launch of a new banking group.
F|T: The FinTech Times – Andreessen Horowitz wants *how much* to invest in crypto?
Plus: Shakepay shakes its way to a $44 million Series A.