Progressa announced today it has successfully closed an $84 million equity and loan funding round. The equity financing was co-led by Canaccord Genuity and Gravitas Securities and included Eight Capital and Paradigm Capital as part of the syndicate. [Read more…] about Progressa Closes $84 Million Round
News
Eventbrite Acquires Vancouver Ticketing Platform
Eventbrite announced today that it has acquired Vancouver’s Picatic, a Vancouver-based ticketing and event registration platform that empowers event creators in Canada and around the world. [Read more…] about Eventbrite Acquires Vancouver Ticketing Platform
Canadian Fintech Sector Records Unprecedented Deal Volume
According to KPMG International’s latest Pulse of Fintech report, Canada’s fintech sector has seen an unprecedented volume of deals during the first half of 2018. [Read more…] about Canadian Fintech Sector Records Unprecedented Deal Volume
Xero acquires Toronto’s Hubdoc for $70 Million
Xero announced today that it has acquired Toronto’s Hubdoc, a leading data capture solution that helps accountants, bookkeepers, and small businesses to streamline administrative tasks such as financial document collection and data entry. [Read more…] about Xero acquires Toronto’s Hubdoc for $70 Million
Coinsquare Launches Coincapital Investment Management
Coinsquare announced the launch of subsidiary Coincapital and registration of Coincapital by the OSC as an exempt market dealer, investment fund manager, and portfolio manager. [Read more…] about Coinsquare Launches Coincapital Investment Management
Younger Canadian Investors Confident in Crypto But Concerned About Fees
Canadian investors are generally known for being risk adverse, but when it comes to trading cryptocurrencies investor anxiety seems to be tied directly to age and income. [Read more…] about Younger Canadian Investors Confident in Crypto But Concerned About Fees
Scotiabank to Share APIs with Developers
Scotiabank has announced that it plans to deliver a public set of libraries, APIs, and applications with the open-source software community. [Read more…] about Scotiabank to Share APIs with Developers
DMG Blockchain Expands Crypto Mining with 85-Megawatt Substation
DMG Blockchain Solutions announced today that it has begun installation of its own 85-megawatt capacity transformer and electrical substation, which will power the expansion of DMG’s flagship cryptocurrency mining facility. [Read more…] about DMG Blockchain Expands Crypto Mining with 85-Megawatt Substation
Sukhveer Sanghera Joins Laser Network
Laser Network, which acts as a SWIFT-like system for cryptocurrencies, has welcomed Ethereum advisor Sukhveer Sanghera to its advisory board. [Read more…] about Sukhveer Sanghera Joins Laser Network
Netcoins Hits $2 Million in Daily Transactional Revenue
Netcoins (CSE:NETC) announced today that that it has completed over $2 million in transactions in a single day. The $2 million daily transaction is another key milestone for Netcoins as they continue to attract crypto miners, crypto funds and institutional investors to use their services alongside their retail customer base. [Read more…] about Netcoins Hits $2 Million in Daily Transactional Revenue