Cybrid closes $10-million USD Series A round to bring stablecoins to the business mainstream
FinTech company gets backing from BDC Capital as Bank of Canada signals openness to stablecoin.
Ontario
AI minister won’t rule out American involvement in Canada’s sovereign cloud
Evan Solomon says sovereign cloud strategy may have room for “multiple players.”
Felix Health raises $53 million in growth financing to get more “aggressive” in telehealth
Newly profitable Toronto startup aims to scale operations before generic weight loss drugs arrive in Canada.
Canadian AI pioneers Yoshua Bengio and Geoffrey Hinton join global call to ban superintelligence development
More than 1,500 sign open letter warning of loss of freedom, dignity, and “potential human extinction.”
Koho refreshes joint accounts with new reward features
New offering targets young Canadians navigating affordability pressures through shared finances.
Wealthsimple unveils advanced investing tools as it hits $100-billion milestone
As it surpasses $100 billion in AUA, Toronto firm aims to bolster investing with lower fees, diversification, and AI.
Rally festival tells doom-scrolling teens “it’s okay to be unavailable” online
From screen time to chatbots, new Toronto festival helps young Canadians reclaim control of their digital lives.
Aidan Gomez says Cohere could IPO “soon” as company holds secondary sale
CEO thinks Canadian AI scaleup will become profitable before 2029.
MaRS relaunches Capital Program to keep Canada’s “anchor” companies at home
Renewed program guides startups through fundraising with a “white-glove service.”
Tech investor associations urge unified capital strategy ahead of budget
NACO and CVCA ask for seed-matching program, VCCI re-up, Canadian QSBS, and mid-cap support.
YSpace to put women entrepreneurs in the spotlight at ELLA Ascend 2025 Showcase
Oct. 30 event will feature leaders of AFC Toronto, CATTLEytics, and Tealbook.
Why Canada doesn’t buy Canadian tech
Source Canada’s Ray Luk thinks the “cultural belief we’re not good enough” creates a homecourt disadvantage for…
FreshBooks partners with Affirm to offer “buy now, pay later” feature
FreshBooks Payments invoices can now be paid through biweekly or monthly plans.
“It is war”: How Alexi hopes to dominate the AI legaltech market
Toronto-based firm claims it’s approaching $10 million in ARR as it faces off against Harvey, Legora.
Lyft to hire hundreds more staff in Toronto amid plans to open new tech hub
Toronto to become Lyft’s second-largest North American tech hub as company aims for 2026 opening.