H&R Block announced today that they have entered into an agreement to acquire Toronto-based accounting software firm Wave. Continue reading “Wave Acquired by H&R Block for $537 Million”
Wave Acquired by H&R Block for $537 Million
Lightspeed Reports 36% Revenue Growth in First Report Since IPO
Montreal-headquatered Lightspeed has released its financial results for Q4 and the full fiscal year, ending March 31st. Continue reading “Lightspeed Reports 36% Revenue Growth in First Report Since IPO”
Borrowell Launches AI Credit Monitoring App To All
Toronto’s Borrowell has made its free credit monitoring app widely available on iOS and Android. Continue reading “Borrowell Launches AI Credit Monitoring App To All”
Purpose Financial Acquires CreditGenie
Purpose Financial has acquired CreditGenie.
Toronto’s CreditGenie was founded in 2016 by entrepreneurs Alex Kaplunov and Daniel Shain and aims to disrupt the point-of-sale financing experience for merchants and consumers. Continue reading “Purpose Financial Acquires CreditGenie”
Wealthsimple Raises $100 Million Funding Round Led by Allianz
German insurer and asset manager Allianz has led a $100 million investment round in Wealthsimple. Continue reading “Wealthsimple Raises $100 Million Funding Round Led by Allianz”
KOHO Raises $42 Million in Series B Round
KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. Continue reading “KOHO Raises $42 Million in Series B Round”
BMO Announces New Technology & Innovation Banking Group
Canada’s technology sector is growing quickly and to help companies compete and grow in this burgeoning sector, BMO has introduced its Technology & Innovation Banking Group. Continue reading “BMO Announces New Technology & Innovation Banking Group”
RBC Launches AI-powered Budgeting App
Creating and sticking to a budget is key to financial success, but it can also result in feelings of stress and anxiety for many Canadians. Continue reading “RBC Launches AI-powered Budgeting App”
Vancouver’s Lendesk Acquired by Quicken Loans’ Parent
Rock Holdings, the parent company of Quicken Loans, has acquired a majority stake in Vancouver’s Lendesk , a fintech startup that provides technology to connect mortgage brokers with the country’s top lenders. Continue reading “Vancouver’s Lendesk Acquired by Quicken Loans’ Parent”
Wave and Visa Join Forces to Improve Cash Flow for Small Businesses
Toronto-headquartered Wave has partner with Visa to launch a new limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. Continue reading “Wave and Visa Join Forces to Improve Cash Flow for Small Businesses”