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CapIntel Adds Equitable Life to Growing List of Partners

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Hot on the heels of partnerships with IG Wealth Management and Canada Life, Toronto’s CapIntel has added Equitable Life to their partner page.

This new partnership signals increase interest among Canadian financial services leaders to work with fintech companies like CapIntel to enhance advisor and client experience. [Read more…] about CapIntel Adds Equitable Life to Growing List of Partners

Accelerate To Launch NFT Fund, The First Web3 Investment Vehicle In Canada

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Calgary’s Accelerate Financial Technologies is launching the Accelerate NFT Fund, the first Web3 investment vehicle in Canada.

Accelerate is one of Canada’s fastest growing alternative investment solution providers, with a suite of institutional-caliber alternative ETFs for investors seeking diversification and long-term performance.

“Over the coming years, Web3, the next era of the internet, will become a more prevalent aspect of our everyday lives,” said Julian Klymochko, Founder and CEO of Accelerate. “NFTs, or non-fungible tokens, allow users to not just participate in, but to own Web3. We believe that the most popular NFT collections may become the Googles, Amazons and Facebooks of Web3.”

NFTs are a new type of crypto asset that combine digital art with elements of blockchain and social networks. A nascent $40 billion market, NFTs are a cultural phenomenon that derive value based on aesthetics, social proof, membership, network effects, brand building and culture.

Accelerate NFT Fund will own a diversified portfolio of “blue chip” NFTs, including collections such as CryptoPunks and Bored Ape Yacht Club.

“NFTs and Web3 are in the early innings of their growth cycle, analogous to the emerging bitcoin market in 2013. As the portfolio management team behind Canada’s first bitcoin fund back in 2017, we are excited to offer exposure to a nascent asset class with similar growth potential.”

Accelerate NFT Fund is available for accredited investors via private placement subscription with a $50,000 investment minimum and will initially be capped at $42.069 million.

Canada’s Leading Bitcoin Platform Shakepay Raises $44 Million Series A

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Montreal’s Shakepay has secured a $44 million investment round.

The Series A round was led by US-based QED Investors and also included participation from Golden Ventures, Broadhaven, Henri Machalani, Mike Murchison, and several product leaders from Shopify. Prior to this new funding, Shakepay had raised roughly $1 million to date. [Read more…] about Canada’s Leading Bitcoin Platform Shakepay Raises $44 Million Series A

Twitter’s First Birdseye Report Includes Fintech Insights

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Today Twitter released its first Birdseye Report, featuring unexpected data & expert analysis across various industries – tech, finance, sports, food, among others – to help brands take advantage of timely trends & craft actionable plans for the year ahead. [Read more…] about Twitter’s First Birdseye Report Includes Fintech Insights

Financial Data And Analytics Startup Canalyst Raises $70 Million

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Vancouver’s Canalyst has raised $70 million in a Series C financing led by Dragoneer Investment Group.

Canalyst combines software with human expertise to create the most accurate and detailed financial and KPI data on global public companies, giving finance professionals access to fundamental data that can be trusted absolutely and at scale. [Read more…] about Financial Data And Analytics Startup Canalyst Raises $70 Million