Manzil launches Halal wealth management solution following acquisition of Canadian Islamic Wealth
CEO sees M&A as “critical” for the long-term viability of the Islamic finance industry.
FinTech
Boosted.ai raises $20.9 million CAD to grow AI investment manager platform
New tool Alfa is “essentially an AI coworker that users can train to think like them.”
Iconiq reportedly buyer of $100-million worth of Wealthsimple employee shares
Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion.
Leaders from ZayZoon, Verano.AI, Toast recognized at 2024 Start Alberta Tech Awards
ZayZoon named scaleup of the year, while Verano.AI scoops up One to Watch and Most Promising Founder awards.
Noble closes $15-million USD Series A to fuel growth of its digital asset issuance platform
Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.
Power marks up value of stake in Wealthsimple beyond 2021 peak
Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.
Scaling infrastructure for a market that never sleeps
How Aquanow keeps crypto transactions flowing around the world.
Mastercard and VoPay help empower a cross-border economy
The technological innovations streamlining payment for a global workforce.
Nuvei posts revenue growth in final earnings as go-private deal gets green light
Having received regulatory approval, Nuvei expects its $6.3-billion USD go-private deal to close on Friday.
Trolley secures $32-million CAD Series B to expand payout platform’s global reach
Growth equity financing for Montréal-based FinTech startup backed entirely by American investors.
Neo Financial’s $360-million Series D features big names, unanswered questions
Shopify, Slack, PointClickCare, Roblox founders back FinTech scaleup in down round led by unnamed Chinese investor.
Addressing Canada’s speed of financial innovation
Koho, Borrowell, Manzil—plus the Department of Finance—talk product velocity, risks & opportunity.
Aron Levitz named co-president of Wattpad as #CDNtech executive turnover continues through the fall
Geordie Rose leaves CEO role at Sanctuary AI, becoming the second co-founder to depart this year.
WonderFi CEO Dean Skurka kidnapped, released after reportedly paying $1-million ransom
WonderFi says it is providing “full cooperation to the Toronto Police Service on this active investigation.”
Neo Financial snags top spot on Deloitte’s 2024 Technology Fast 50
This year’s winners achieved an average three-year revenue growth of 3,559 percent.