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News

Edmonton’s Truffle Raises Seed Round To Take On Lightspeed & TouchBistro

July 25, 2022 by Fintech Newsdesk Leave a Comment

The demand for online food ordering has grown since the pandemic, with many restaurants relying on third-party delivery services like Uber Eats, SkipTheDishes and DoorDash. However, their delivery fees have become less appealing to customers over time. [Read more…] about Edmonton’s Truffle Raises Seed Round To Take On Lightspeed & TouchBistro

Filed Under: News Tagged With: TouchBistro, Truffle

State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms

July 22, 2022 by Knowlton Thomas Leave a Comment

The second quarter of 2022 wasn’t so hot for investment in Canada’s financial technology sector, a new report has found.

CB Insights’ latest State of Fintech report revealed a drop in total deals and total funding. Quarter-over-quarter, funding was down roughly 75%. Year-over-year analysis arrives at a similar figure. [Read more…] about State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms

Filed Under: News Tagged With: CB Insights, Delphia, Flahmingo Investments, Koho, MeetAmi, NACO, Neo Financial

Montreal’s Hardbacon Sees Success with Oversubscribed Crowdfunding Campaign

July 22, 2022 by Knowlton Thomas Leave a Comment

According to data from Montreal-based financial technology startup Hardbacon, over half of Canadians don’t have a budget and many want to invest but are not confident enough. [Read more…] about Montreal’s Hardbacon Sees Success with Oversubscribed Crowdfunding Campaign

Filed Under: News Tagged With: FrontFundr, Hardbacon

Darwynn Secures $20 Million to Launch Nationwide Fulfillment Platform

July 21, 2022 by Robert Lewis Leave a Comment

An Ontario-based company seeking to become one of Canada’s leading and most advanced technology and fulfillment organizations. And it is launching a nationwide platform to do so. [Read more…] about Darwynn Secures $20 Million to Launch Nationwide Fulfillment Platform

Filed Under: News Tagged With: Darwynn

Binance Delivers First Crypto & Blockchain Workshop for Law Enforcement & Banking Authorities in Calgary

July 21, 2022 by Robert Lewis Leave a Comment

Binance, the world’s leading blockchain, and cryptocurrency infrastructure provider, delivered a workshop on cryptocurrency and blockchain technology for law enforcement and banking professionals today in Calgary. [Read more…] about Binance Delivers First Crypto & Blockchain Workshop for Law Enforcement & Banking Authorities in Calgary

Filed Under: News Tagged With: Binance

Future Capital, BDC Capital Launch Program to Activate Pipeline of Women Investors in Canada

July 20, 2022 by Knowlton Thomas Leave a Comment

Future Capital has announced a second Women in Technology Series.

The Vancouver-based learning and opportunity platform for investors says the collaboration with BDC Capital’s Women in Technology Venture will launch this summer. [Read more…] about Future Capital, BDC Capital Launch Program to Activate Pipeline of Women Investors in Canada

Filed Under: News Tagged With: BDC Capital, Future Capital

Rise People Partners With OneVest To Fully Integrate Wealth Management

July 20, 2022 by Robert Lewis Leave a Comment

Vancouver’s Rise People has partnered with wealth management platform OneVest to make personalized wealth management accessible to all employees on the Rise platform. [Read more…] about Rise People Partners With OneVest To Fully Integrate Wealth Management

Filed Under: News Tagged With: OneVest, Rise People

Borrowell Launches Program to Help Renters in Canada Build Credit History

July 19, 2022 by Robert Lewis Leave a Comment

Borrowell has launched a new way for consumers to understand and build credit through simply paying their rent.

The Toronto-based financial technology firm’s new program, Rent Advantage, enables tenants to report monthly home rent payments to Canada’s largest consumer credit bureau, Equifax. [Read more…] about Borrowell Launches Program to Help Renters in Canada Build Credit History

Filed Under: News Tagged With: Borrowell

FrontFundr Looks to Represent Canada on Global Equity Crowdfunding Stage

July 19, 2022 by Knowlton Thomas Leave a Comment

Equity Crowdfunding Week is an annual international event showcasing the most innovative companies raising capital in the private markets.

Toronto-based equity crowdfunding platform FrontFundr announced this month that it will represent Canada at the event, which will take place for its second edition in Los Angeles this September. [Read more…] about FrontFundr Looks to Represent Canada on Global Equity Crowdfunding Stage

Filed Under: News Tagged With: FrontFundr

Novacap Acquires Majority Stake In Canada’s Largest Online Marketplace For Financial Services

July 18, 2022 by Fintech Newsdesk Leave a Comment

Toronto’s Ratehub.ca has received a “major” investment from Canadian private equity firm Novacap.

While Novacap announced the relationship as a ‘partnership’, BetaKit confirmed that the North American private equity firm actually acquired a majority stake in Ratehub.ca. [Read more…] about Novacap Acquires Majority Stake In Canada’s Largest Online Marketplace For Financial Services

Filed Under: News Tagged With: Novacorp, Ratehub

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