Robinhood to buy WonderFi for $250 million CAD as US trading platform targets Canadian expansion
WonderFi to “accelerate Robinhood’s mission” north of the border.
Ontario
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
Biotech Intrepid Labs exits stealth with funding from Radical Ventures and Avant Bio
University of Toronto spinout looks to fast-track drug formulation with machine learning and robotics.
Canadian FinTech leaders “cautiously optimistic” about open banking, payments modernization under Mark Carney
Jaded from years of waiting, FinTech players hope Carney’s UK track record translates into domestic policy action.
Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
Provincial government wants domestic companies to play global roles in electric and autonomous vehicles.
Age-Well partners with Ikea, U of T to launch studio for testing tech for seniors
Startups, researchers, and investors plan to work together on tech for at-home aging.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Where FreshBooks gets its best product ideas
Forums like Customer Experience Week help the company listen closely, and build accordingly.
Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
TD Bank’s chief AI scientist talks about emerging models, safety, and Layer 6’s new NYC office
Maksims Volkovs shares what Layer 6 has been working on and what keeps him up at night.
Joe Canavan has a plan for Canada to become an innovation nation
Canada’s angel of the year shares how the country can bolster its economic sovereignty at NACO Summit.
“Can we just write the cheque?”: angel investors encouraged to be bold amidst economic uncertainty at NACO Summit
“Underlying pressures” risk derailing first growth of angel investment in two years, according to NACO report.