Two Small Fish goes big with third fund, targets $40 million CAD final close
The firm’s investments include SkipTheDishes and Sheertex.
Toronto
Class action lawsuit filed against Wealthsimple, Shakepay over alleged misleading crypto trading fees
The suit is seeking $10 million in punitive damages from both startups.
WonderFi-owned Bitbuy takes aim at Wealthsimple with stock trading launch
Bitbuy claimed crypto exchanges is a three horse race between WonderFi, Wealthsimple, Coinsquare.
Canadian unicorns Neo Financial, Ada lead LinkedIn’s 2022 Top Startups list
ApplyBoard appears on list for fourth consecutive year.
Toronto-Waterloo rises, Calgary and Montréal ecosystems to watch in Startup Genome’s global FinTech rankings
Vancouver cracks top 10 ecosystems with a population of less than three million.
Coinsquare to acquire CoinSmart as consolidation of Canadian crypto traders continues
With acquisition, Coinsquare seeks a seat at the regulatory table.
Ten years after revolutionary Geoffrey Hinton paper, AI headed towards new era of regulation
Elevate Festival stage explores AI’s use in healthcare, climate change, and … Raptors games.
Creator Jacket, Litus named winners in Elevate 2022 pitch competitions
Creator Jacket won $15,000, while Litus secured $100,000 from The Firehood.
AI startup Ada cuts 16 percent of its workforce
CEO cites tightening economy as Ada cuts 78 positions.
RBCx and RBC Ventures merge
New entity will support founders across banking, capital, platform, and ventures.
Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr
FrontFundr has helped startups close $140 million across 100 campaigns.
DealMaker takes over FundAmerica book of business from Prime Trust
DealMaker CEO says deal doubles its client base.
PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market
Backed by industry players, PolicyMe aims to expand beyond selling just life insurance and D2C.
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
Verifast recently closed a $3.5 million seed round.