Toronto fintech startup Float has secured $5 million in financing consisting of a $4 million equity round co-led by Susa Ventures and Golden Ventures and $1 million in debt financing from Silicon Valley Bank. [Read more…] about Float Raises $5 Million For Corporate Credit Card Platform
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Michele Romanow’s Clearco Raises $215 Million Growth Equity Round
Toronto-based Clearco, formerly known as Clearbanc, has raised $215 million in a growth equity funding round led by Softbank’s Vision Fund 2. [Read more…] about Michele Romanow’s Clearco Raises $215 Million Growth Equity Round
Caary Raises $4.1 Million to Provide Credit to SMBs
Toronto-based fintech startup Caary has received $4.1 million in funding in a late-seed equity round.
Caary’s financing involved a crowdfunding component with at least 150 undisclosed investors. The company claims it raised more than double its initial goal.
[Read more…] about Caary Raises $4.1 Million to Provide Credit to SMBs
Study Ranks Canada As 10th Most Crypto-friendly Nation In The World
A recent study has found Canada to be the 10th most ‘crypto-ready’ country in the world, ahead of Gibraltar and just behind Germany. [Read more…] about Study Ranks Canada As 10th Most Crypto-friendly Nation In The World
Award Pool Raises $2.8 Million To Award Gamers with Engaging Challenges
Toronto’s Award Pool, a platform that helps gaming companies find unique ways to engage their audiences with custom made challenges and Non-Fungible Token (NFT) rewards, has raised $2.8 million in funding from over 50 investors including FunFair Technologies, Equivesto, and Flori Ventures. [Read more…] about Award Pool Raises $2.8 Million To Award Gamers with Engaging Challenges
Financeit Reaches New Milestone With $2 Billion In Loans
Toronto’s Financeit, Canada’s leading point-of-sale financing provider in the home improvement sector, has reached another funding milestone as they have officially exceeded $2 billion in loan originations. [Read more…] about Financeit Reaches New Milestone With $2 Billion In Loans
Olympia Trust Cancels Plans To Pursue Bitcoin Custodian Service
Olympia Trust has ended its plans to provide a Bitcoin custody service citing “internal risk appetite due to current market conditions.” [Read more…] about Olympia Trust Cancels Plans To Pursue Bitcoin Custodian Service
Crypto Custodian Brane Capital Announces Public Listing Plans
Ottawa’s Brane Capital has announced plans to become a publicly traded company in fall 2021. [Read more…] about Crypto Custodian Brane Capital Announces Public Listing Plans
Nesto Raises $76 Million To Offer Canadians “Low From the Get Go” Mortgage Rates
Montreal-based fintech startup nesto has raised a $76 million Series B funding round led by Michael Rowell and Michael Paulus, the entrepreneurs behind Assurance IQ, which was sold to Prudential Financial in 2019. [Read more…] about Nesto Raises $76 Million To Offer Canadians “Low From the Get Go” Mortgage Rates
KYC Leader Trulioo Becomes A Unicorn With $1.75 Billion Valuation
Vancouver’s Trulioo has completed a $394 million Series D round at a massive $1.75 billion valuation, joining Canada’s growing stable of unicorns.
Trulioo is a global identity network enabling companies to reliably onboard customers in a digital-first world. For Trulioo’s customers, this speeds international expansion, mitigates fraud risk, and ensures regulatory compliance. [Read more…] about KYC Leader Trulioo Becomes A Unicorn With $1.75 Billion Valuation