Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.…
FinTech
Purpose Financial secures $53.5 million CAD investment from Allianz X
Toronto FinTech company Purpose Financial has secured $53.5 million CAD from Allianz X, with the German investor acquiring…
Briza raises $10.2 million CAD to address growing demand for insurance carrier APIs
Toronto-based insurtech Briza has raised a $10.2 million CAD ($8 million USD) Series A round as the startup aims to meet significant…
Shopify strikes deal to offer payment solution on Facebook, Instagram
Shopify has expanded its payment offering, Shop Pay, to Facebook and Instagram, making it available to merchants selling on…
Toronto FinTech startup Payfare files to go public on Toronto Stock Exchange
Toronto-based startup Payfare, which offers FinTech software for gig economy workers and employers, has filed to go public…
Following changes to business, Coinsquare launches crypto trading app
Toronto-based crypto startup Coinsquare has launched a new app that allows Canadians to buy, sell, and trade digital assets.…
Ledn raises $3.4 million CAD to accelerate the growth of its Bitcoin-backed lending platform
Toronto-based FinTech startup Ledn has raised $3.4 million CAD ($2.7 million USD) in seed funding, as the company looks to…
F|T: The FinTech Times – The big shift
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
15 Canadian startups chosen for third Global Affairs’ California-focused women in tech program
Fifteen women-led Canadian tech companies have been selected to participate in the third iteration of Global Affairs Canada…
Today in hires: Freshbooks, Juno, Staffy, Alida, Local Logic
Five Canadian tech organizations have recently brought on new team members, including Staffy, Juno, Freshbooks, Alida, and…
F|T: The FinTech Times – The stonks market
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Why 2021 will be an exciting year for FinTech
Last year, the world was crippled by COVID-19. But for the FinTech sector, it was just a speed bump. After the initial stun…
Wealthsimple Trade’s popularity soars amid Reddit-fuelled trading frenzy
Toronto-based Wealthsimple appears to be riding high on a wave of trading frenzy amid the ongoing short squeeze of GameStop…
TMX Group launches automated platform to help companies secure capital amid increase in private placements
TMX Group, which owns and operates the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), has launched TMX dealLINX,…
11 Canadian tech companies to watch in 2021
Every January for the past few years, thanks to the team at BetaKit, I’ve had the opportunity to share my thoughts on some…