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
News
State of Fintech Report Shows Sharp Decrease in Deals, Funding Among Canadian Firms
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
Montreal’s Hardbacon Sees Success with Oversubscribed Crowdfunding Campaign
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
Darwynn Secures $20 Million to Launch Nationwide Fulfillment Platform
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
Binance Delivers First Crypto & Blockchain Workshop for Law Enforcement & Banking Authorities in Calgary
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
Future Capital, BDC Capital Launch Program to Activate Pipeline of Women Investors in Canada
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
Rise People Partners With OneVest To Fully Integrate Wealth Management
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
Borrowell Launches Program to Help Renters in Canada Build Credit History
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
FrontFundr Looks to Represent Canada on Global Equity Crowdfunding Stage
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
Novacap Acquires Majority Stake In Canada’s Largest Online Marketplace For Financial Services
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