Alberta’s fintech sector is poised for significant growth as Luge Capital secures a $10 million investment from Alberta Enterprise Corporation (AEC) into its $93-million Fund II. [Read more…] about Luge Capital Expands Alberta Presence with $10M Boost from AEC
Luge Capital
Expanding in U.S., Upstart Insurtech Foxquilt Takes Bite Out of Big Apple
Foxquilt is bringing its Canadian-made financial technology offerings to the Big Apple.
The Toronto-born digital insurance provider says small business owners in New York can now tap into Foxden, the company’s proprietary embedded insurance tech. [Read more…] about Expanding in U.S., Upstart Insurtech Foxquilt Takes Bite Out of Big Apple
Toronto’s Loop Raises $6.4M to Further Expand Digital Banking-for-Business Platform
Loop was originally conceived in Canada in 2015 as a financing provider but by 2022 had pivoted to a solution targeting pain points faced by small- and medium-sized businesses seeking to grow operations. [Read more…] about Toronto’s Loop Raises $6.4M to Further Expand Digital Banking-for-Business Platform
Luge Capital Closes $96 Million for Second Fintech-Focused Fund
Luge Capital has announced the successful closing of $96 million for Luge Capital Fund II, the firm’s second fintech-focused fund. [Read more…] about Luge Capital Closes $96 Million for Second Fintech-Focused Fund
Immigration: A New Frontier for the Fintech Ecosystem
In an era of unprecedented global mobility, national financial systems must adapt to welcome newcomers. However, the immigrant journey, often fueled by aspirations, is frequently met with the harsh reality of financial exclusion. Drawing from our own experiences as immigrants to Canada, we’ve felt the financial hurdles faced by newcomers. [Read more…] about Immigration: A New Frontier for the Fintech Ecosystem
Canadian Fintechs Find Funding in Fall
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 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