Toronto’s Wellfield Technologies announced today it has agreed to acquire Ottawa-based crypto custodian Brane for just under $10 million. Wellfield is traded on the TSX Venture Exchange. [Read more…] about Wellfield Set To Acquire Crypto Custodian Brane Trust
Foxquilt Raises $12 Million to Expand Embedded Insurance Technology in North America
Toronto insurtech startup Foxquilt has raised a $12 million in Series B financing. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. [Read more…] about Foxquilt Raises $12 Million to Expand Embedded Insurance Technology in North America
Tetra Trust Launches New API to Provide Customers with Enhanced Custody Solution for their Digital Assets
The digital assets landscape has been challenging to all industry players over the past year with the FTX collapse in late 2022 being a trigger point. [Read more…] about Tetra Trust Launches New API to Provide Customers with Enhanced Custody Solution for their Digital Assets
Bluesphere Ventures Expands Environmental Fintech Dominance with Acquisition of Climate Carbon
New York’s Bluesphere Ventures, a pioneering venture studio specializing in incubating environmental fintech ventures, is acquiring Climate Carbon, Canada’s leading broker of carbon and renewable energy credits. [Read more…] about Bluesphere Ventures Expands Environmental Fintech Dominance with Acquisition of Climate Carbon
SMBs To Benefit From Sage and AWS Expanded Relationship
Toronto-headquartered Sage has announced an expanded relationship with Amazon Web Services (AWS), focused on helping small and mid-sized businesses (SMBs) speed up their digital transformation and benefit from the latest technology. [Read more…] about SMBs To Benefit From Sage and AWS Expanded Relationship
Canada Crypto Week: Toronto Prepares for a Celebration of Blockchain and Web3 Ecosystem
The annual Canada Crypto Week is set to captivate Toronto this August 13th to August 19th with a week-long celebration featuring a series of 45+ engaging events. [Read more…] about Canada Crypto Week: Toronto Prepares for a Celebration of Blockchain and Web3 Ecosystem
Poshmark Partners with Canada Post Amidst Rising Shipping Costs
Recent analysis from Statistics Canada shows that while e-commerce sales have stabilized since the pandemic boom, they remain well above pre-pandemic levels. [Read more…] about Poshmark Partners with Canada Post Amidst Rising Shipping Costs
Neo Financial Revolutionizes Credit Building with Guaranteed Approval and Cashback Rewards
Calgary’s Neo Financial has introduced Neo Secured Credit; a card designed to help Canadians build credit with guaranteed approval. [Read more…] about Neo Financial Revolutionizes Credit Building with Guaranteed Approval and Cashback Rewards
Trolley Expands Tax Product for EU Online Marketplaces, Simplifying DAC7 Compliance
Navigating the scope of various tax rules can be a complex process for businesses that operate online, but it’s crucial for digital platforms to understand and keep up with their tax obligations. [Read more…] about Trolley Expands Tax Product for EU Online Marketplaces, Simplifying DAC7 Compliance
Chexy Raises Round to Revolutionize Rental Rewards for Canadians
Toronto fintech startup Chexy has announced their launch and a $1.3 million financing round led by Crossbeam Ventures. The pre-seed round also included participation from Groundbreak Ventures, Ferst Capital Partners and strategic angels in the real estate and fintech spaces. [Read more…] about Chexy Raises Round to Revolutionize Rental Rewards for Canadians