There’s no denying that Canada finds itself in the midst of an innovation boom and the data-loving folks at Hockeystick have turned their spotlight on the fintech landscape. [Read more…] about BC, Ontario, and Quebec Dominate Fintech Momentum in Canada
News
Fintech Companies Dominate Deloitte’s Technology Fast 50
The Technology Fast 50 program celebrates the world-class achievements of Canadian technology companies, highlighting their commitment to innovation, leadership, and rapid revenue growth over the previous four years. [Read more…] about Fintech Companies Dominate Deloitte’s Technology Fast 50
Drop Acquires Artificial Intelligence Company Canopy Labs
Toronto’s Drop Technologies Inc. announced today its acquisition of Canopy Labs, a YC-backed predictive analytics software company focused on improving and optimizing its clients’ customer journeys. [Read more…] about Drop Acquires Artificial Intelligence Company Canopy Labs
Mobeewave Closes US$16.5 Million Round Led by Mastercard
Montreal’s Mobeewave has announced that it has closed a US $16.5 million Series B round of funding led by NewAlpha Asset Management, Mastercard and Forestay Capital.
[Read more…] about Mobeewave Closes US$16.5 Million Round Led by Mastercard
Purpose Financial Invests $10 Million in Ario’s Banking-as-a-Service Technology
Toronto’s Ario has announced a $10 million investment from Purpose Financial LP to expand its banking-as-a-service technology platform supporting small- and medium-sized enterprises. [Read more…] about Purpose Financial Invests $10 Million in Ario’s Banking-as-a-Service Technology
Alate Partners to Invest $40 Million in PropTech Market
A new business focused on the property technology (proptech) market has launched today with $40 million in seed financing. [Read more…] about Alate Partners to Invest $40 Million in PropTech Market
Alexa, Ask ParkWhiz to Find Parking
ParkWhiz announced today that it added an additional $5 million in equity to its recently announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. [Read more…] about Alexa, Ask ParkWhiz to Find Parking
Clearbanc Raises $70 Million to Fund Entrepreneurs
Toronto’s Clearbanc today announced it has closed a USD $70 million investment from a group of investors including Emergence Capital, Social Capital, CoVenture, Founders Fund, 8VC, iNovia Capital, Real Ventures, Portag3, Precursor, WTI, Berggruen, and FJ Labs. [Read more…] about Clearbanc Raises $70 Million to Fund Entrepreneurs
Canadian Bitcoin Mining Firm Hut 8 Sees Record High Revenue
Bitcoin mining company Hut 8 has reported record revenue for Q3 of 2018. [Read more…] about Canadian Bitcoin Mining Firm Hut 8 Sees Record High Revenue
Vancouver-based CryptoKitties maker Dapper Labs raises $15 Million
Tech giants are betting on CryptoKitties. [Read more…] about Vancouver-based CryptoKitties maker Dapper Labs raises $15 Million