Wealthsimple first FinTech startup approved by Bank of Canada for direct settlement
The approval will give Wealthsimple direct access to Real-Time Rail.
Toronto
Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors
Perch wants to use data to change mortgages and real estate.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”
Amid questions on progress, Canada’s open banking lead says implementation “absolutely” remains on track
Abraham Tachjian says 2021 open banking report is his “roadmap.”
NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base.
MaRS hosting seven UK startups in manufacturing incubation program
The program helps UK ventures gain better understanding of North American needs.
CareerBeacon acquires employer branding platform provider Ruutly
Ruutly founder and CEO will become CareerBeacon’s head of product.
Parity raises $8 million to target wasteful emissions in buildings
New legislation fighting climate change in US could benefit Parity.
RBC continues healthcare strategy with MDBilling acquisition
MDBilling builds on RBC’s purchase of Dr.Bill in 2020.
Crypto lending startup Ledn to acquire Arxnovum to expand into asset investments
The transaction is expected to close in the fourth quarter of this year.
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.
Halp secures $5.5 million CAD to help international students study abroad
Backed by Serena Williams’ venture fund, Halp has amassed an 18,000 family waitlist.
Sensibill acquired by Austin-based Q2 Holdings
Q2 bought Sensibill for its financial business data, and machine learning capabilities.
Tobi Lütke, Round13 part of $40 million USD Series A for blockchain gaming startup Horizon
Web3 and traditional gaming companies like Ubisoft, Take-Two also invested in Horizon.
Carbon6 closes $88 million CAD Series A to consolidate “fragmented” e-commerce software space
Starting with Amazon, Carbon6 aims to buy and build more tools for marketplace sellers.