Today in company updates: LANDR, WealthBar, Dream Payments

Startups in Toronto, Montreal, and Vancouver have been making positive moves this past week. Here is the latest in product launches, partnerships, and company milestones from Canadian tech companies.

LANDR announces new mastering engine

Montreal-based LANDR, which offers an automated audio mastering platform, has announced the release of its latest mastering engine, Lydian.

LANDR said Lydian will offer users improvements such as expanded 3D stereo imaging, precise processing of users’ mixes, improved sound and handling of softer, acoustic tracks, and updated signal path clarity. The company said its users have automatically been upgraded to the new engine.

LANDR also announced that it has been selected for CNBC’s Upstart 25, a list of up-and-coming startups.

“We’re thrilled to be included in CNBC’s Upstart 25 list,” said Pascal Pilon, the CEO of LANDR. “It’s an honor to be mentioned alongside some of the biggest and most exciting names in tech. And with the release of our new mastering engine, the timing couldn’t be better.”

LANDR recently announced a partnership with Native Instruments to offer instant mastering for the Stems format.

WealthBar joins Canadian Exchanged Trades Funds Association

WealthBar, a Vancouver-based company that provides online investment portfolios and financial planning services, announced that it has joined the Canadian Exchanged Trades Funds Association (CETFA), an organization that offers information and access to resources on exchanged trades funds (ETF) investing in Canada. CETFA also advocates on behalf of ETF providers to improve industry practices.

Wealthbar, which raised $5.5 million in May 2016, says this marks the first time a robo-advisor has joined the organization.

“ETFs or Exchanged Traded Funds are an important investment instrument for Wealthbar’s clients to keep fees low, and portfolios highly diversified,” said Neville Joanes, the portfolio manager at WealthBar. “By establishing stronger ties with institutions like the CETFA, we are able to advocate for better and more innovative investment solutions for all Canadians.”

Dream Payments launches integration with QuickBooks

Toronto-based Dream Payments, which provides a cloud-based mobile point-of-sale solution for small and medium sized businesses, has launched an integration with financial management software Quickbooks.

With the new integration, QuickBooks’ online customers will be able to sync with Dream Payments’ mobile app to accept CHIP and PIN payments like Interac, Visa, MasterCard, and cash payment methods. The integration will allow small businesses to get paid faster, improve access to capital, gather analytics, and better manage their cash flow.

“Together Dream and QuickBooks are simplifying some of the most complex aspects of running a successful business,” said Brent Ho-Young, CEO, Dream Payments. “Dream’s seamless integration with QuickBooks Online enables users to automatically reconcile all sales transactions instantly within QuickBooks, including taxes, fees and inventory, as well as collect and close open invoices. Together we’re providing a complete cloud-based solution that enables businesses to accept payments and get up to date performance metrics anytime, anyplace.”

Dream Payments, which allows businesses to accept payments from any tablet or mobile device, raised $1.5 million in December 2016 through the Connecticut Innovations pitch competition, and announced plans to open a Connecticut office. Before that, the company raised $6 million in May 2015.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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