FinTech earnings week: revenues up for Nuvei, Propel, Mogo, Payfare
Net income is another matter.
Toronto
Bolt Logistics rebrands to GoBolt, expands supply chain network to US
GoBolt hopes third name’s the charm as it eyes new global markets.
Vector Institute awards nearly $2 million in scholarships for Ontario AI students
Vector wants to take a bite out of the tech talent crunch.
Australia-based Spacer acquires WhereiPark to fuel North American expansion
WhereiPark gets acquired as Spacer gears up for widening international footprint.
Volley founder aims to leverage Andela experience to build similar model for sales talent
Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.
Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom.
OneEleven’s former ED Siri Agrell explains why she’s embracing tech (but not Twitter) in her run for public office
Some politicians avoid social media because they don’t know how to use it. Agrell doesn’t think they should use…
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
The investor that bet on Shopify is now betting on Shopify stores.
Wattpad co-founder Allen Lau to step down as CEO, become executive advisor
Lau called the move both a “final curtain call” and the start of “a new story.”
Tilr secures $1.3 million grant from Ontario through Skills Development Fund
Tlir is one of over 200 companies financed in the second SDF round.
Validere acquires Clairifi to offer regulatory reporting capabilities for oil and gas firms
Validere wants to drill ESG compliance into energy companies with Clairifi acquisition.
Playmaker acquires New York-based sports media company The Sports Drop
Playmaker continues sports media acquisitions spree.
CFIN, Ontario Genomics reveal winners of cumulative $900,000 for food innovation research
Winners aim to replicate the taste, feel, and smell of meat without any meat.
Q4 Inc. records 23 percent YoY revenue growth, halves net losses in Q1 2022 earnings
CEO attributes Q4’s strong Q1 to tech investments, focus on existing customers.