The past several years have been good to the global startup economy. 2021 set many records for startup financing in Canada.
The year included many sizeable fintech rounds, such as $61 million for Propel Holdings; $64 million for Neo Financial; $44 million for Properly; $72 million for Bench; and nearly $300 million for Fraction Technologies in Vancouver. [Read more…] about Five Fintech Firms Hiring Canadian Tech Talent Today
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
Canadian digital bank Neo Financial has raised a $185 million Series C round led by Valar Ventures.
The mammoth round brings Neo’s total funding to $299 million since its 2019 inception and values the company at over $1 billion, making Neo one of the fastest Canadian companies to reach the coveted ‘unicorn’ status. [Read more…] about Calgary’s Neo Financial Achieves Billion Dollar Unicorn Status After $185 Million Round
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
Calgarys’ Neo Financial announced today that they are expanding their product line from spending, savings, and rewards, to reimagining investing with the addition of Neo Invest. [Read more…] about Neo Financial Launches Neo Invest, Canada’s First Actively Managed Digital Investment Platform
Calgary-headquartered fintech startup Neo Financial has raised a $64 million Series B fundraising round. This brings Neo’s total funding to $114 million, with Peter Thiel’s Valar Ventures leading both Series A and B rounds. [Read more…] about Neo Financial Raises $64 Million To Accelerate Growth
Calgary venture studio Harvest Builders has added two new companies to their studio’s growing financial technology portfolio – One Wealth and Propra.
Building off of the momentum of Harvest’s first studio venture Neo Financial, who recently announced $50 million in Series A financing, Harvest’s new fintech companies are set to add over 300 new jobs in Calgary’s downtown over the next three years. [Read more…] about Harvest Builders Adds Two New Companies To Its Fintech Studio
