Wealthsimple has agreed to an equity financing round of up to $425 million at a $13.8 billion post-money valuation as it expands across Canadians’ financial lives. … READ MORE... about Wealthsimple Announces $425 Million Round at $13.8 Billion Valuation
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Bizcap Secures $175 Million to Expand North American Funding
Bizcap has secured a $175 million credit facility to expand its small business financing operations across Canada and the United States. … READ MORE... about Bizcap Secures $175 Million to Expand North American Funding
In Luxembourg, Canada and Partners to Formalize Future-Focused ‘DSR’ Bank
Canada intends to meet next month with international partners to sign an agreement formalizing the Defence, Security, and Resilience Bank. … READ MORE... about In Luxembourg, Canada and Partners to Formalize Future-Focused ‘DSR’ Bank
Wealthsimple Announces $425 Million Round at $13.8 Billion Valuation
Wealthsimple has agreed to an equity financing round of up to $425 million at a $13.8 billion post-money valuation as it expands across Canadians’ financial lives. … READ MORE... about Wealthsimple Announces $425 Million Round at $13.8 Billion Valuation
Dext Connects Accounting Data to Claude, ChatGPT and Copilot
Dext has launched AI Connector, a new feature that lets accounting and bookkeeping practices query their Dext data through Claude, ChatGPT and Microsoft Copilot. … READ MORE... about Dext Connects Accounting Data to Claude, ChatGPT and Copilot
Brim Financial Partners with Manulife Bank to Modernize Credit Cards and Payments
Toronto-based Brim Financial has announced a partnership with Manulife Bank to transition its credit card portfolio and modernize its payments platform. … READ MORE... about Brim Financial Partners with Manulife Bank to Modernize Credit Cards and Payments
Credit Unions Back Neo Financial’s $185 Million ATB-Led Facility
Calgary-based Neo Financial has closed a $185-million syndicated warehouse facility led by ATB Financial, with participation from four Canadian credit unions. … READ MORE... about Credit Unions Back Neo Financial’s $185 Million ATB-Led Facility
Questrade Unlocks Pre-IPO Investing Opportunity for OpenAI
Questrade wagers that the next era of online investing will be defined by more than lower trading fees. … READ MORE... about Questrade Unlocks Pre-IPO Investing Opportunity for OpenAI
KORT Acquires ‘Highly Complementary’ AptPay to Strengthen Market Position
KORT Payments has agreed to acquire AptPay, the Canadian fintechs confirmed this week. … READ MORE... about KORT Acquires ‘Highly Complementary’ AptPay to Strengthen Market Position
Fortrix Builds Software for Environments ‘Where Certainty is Not Optional’
FINTRAC confirmed more than $3 million in penalties against casino-sector organizations nationwide since last August. … READ MORE... about Fortrix Builds Software for Environments ‘Where Certainty is Not Optional’
E-Invoicing Could Unlock $82 Billion in Canadian Productivity Gains
Just 7% of Canadian businesses use e-invoicing, despite its potential to accelerate payments and reduce administrative work, according to new research from Sage. The accounting software company estimates that universal adoption could generate … READ MORE... about E-Invoicing Could Unlock $82 Billion in Canadian Productivity Gains