Fintech startups were the most-funded in 2021, raising more than 20% of venture capital dollars across 5,000 deals around the world. [Read more…] about Canadian Fintechs Find Funding in Fall
Luge Capital
Luge Capital Announces $71 Million First Close of Second Fund, Aiming for $100 Million Fund
Luge Capital today announced that it has raised $71 million in the first close of its second fund, Luge Capital Fund II, towards an ultimate fund size of $100 million. [Read more…] about Luge Capital Announces $71 Million First Close of Second Fund, Aiming for $100 Million Fund
Buckzy Raises USD $14.5 Million To Fuel Global Expansion
Toronto’s Buckzy Payments has secured a USD $14.5 million Series A financing round led by Ottawa’s Mistral Venture Partners and San Francisco’s Uncorrelated Ventures to continue its global expansion. [Read more…] about Buckzy Raises USD $14.5 Million To Fuel Global Expansion
The State of Fintech in Canada
August Digital and Junto XP are hosting a panel discussion on the State of Fintech in Canada on October 20th. [Read more…] about The State of Fintech in Canada
Q+A with Key Co-founder Daniel Dubois on Real Estate Co-ownership
Key’s tagline is “Own real estate. Not a mortgage.”
The innovative Toronto-headquartered proptech launched in 2021 with a co-ownership model that makes homeownership accessible without needing to qualify for a mortgage or save for the typical 20 percent down payment. [Read more…] about Q+A with Key Co-founder Daniel Dubois on Real Estate Co-ownership
Luge Capital Wins CVCA’s VC Regional Impact Award for Flinks Investment
Luge Capital’s 2018 investment in Montreal’s Flinks has been awarded CVCA’s VC Regional Impact Award for Eastern Canada.
Flinks is an open-banking infrastructure to enable apps to connect with consumer bank accounts to verify account information and access banking history – with the consumer’s consent, of course. [Read more…] about Luge Capital Wins CVCA’s VC Regional Impact Award for Flinks Investment
Cybrid Secures $3.8 Million Round To Help Challenger Banks Launch Crypto
Toronto’s crypto banking-as-a-service provider Cybrid has secured USD $3.1 million in seed financing to support the expansion of its developer-focused crypto platform for fintechs and challenger banks. [Read more…] about Cybrid Secures $3.8 Million Round To Help Challenger Banks Launch Crypto
OneVest Raises $5 Million for Canada’s First Wealth-as-a-Service Platform
Calgary’s OneVest has secured $5 million in venture financing for Canada’s first Wealth-as-a-Service (WaaS) platform. [Read more…] about OneVest Raises $5 Million for Canada’s First Wealth-as-a-Service Platform
Key Raises $11 Million Round To Pilot Home Co-ownership In New Markets
Toronto proptech startup Key has raised a $11 million seed found led by Luge Capital and including Plazacorp, N49P Ventures, Red Jar Capital, TSV Capital, and Moderne Ventures. [Read more…] about Key Raises $11 Million Round To Pilot Home Co-ownership In New Markets
Toronto’s Key Unlocks a New Model for Accessible Homeownership
Toronto proptech startup Key launched today with an innovative co-ownership model that helps people get on the property ladder decades faster. [Read more…] about Toronto’s Key Unlocks a New Model for Accessible Homeownership