Mogo to acquire 20 percent stake in Coinsquare for $56.4 million as crypto space heats up
Vancouver-based FinTech startup Mogo has agreed to purchase a 20 percent equity stake in cryptocurrency startup Coinsquare.…
Canadian Startup News
Today in funding: Sandpiper Ventures, Klir, Gazoduq, UpMeals, Fiddlehead Technology
Five Canada-based tech organizations have recently raised funding to fuel their growth. Here’s the latest on who raised money,…
Federal government invests $55.1 million in 20 cleantech companies
The Government of Canada today announced an investment of $55.1 million to be distributed among 20 cleantech companies from…
Rewind acquires GitHub backup service BackHub
Ottawa-based cloud backup startup Rewind has acquired Berlin’s BackHub, as Rewind looks to expand the reach of its “backup-as-a-service”…
Mortgage startup Homewise secures $3 million, sees “substantial” growth during pandemic
Homewise, a Toronto-based proptech startup that aims to help homebuyers secure a mortgage through its online platform, has…
Gaming company LEAF debuts on TSX following $159 million acquisition of East Side Games
Vancouver-based company LEAF Mobile, which develops mobile games, has listed on the Toronto Stock Exchange (TSX). LEAF joined…
Fraction Technologies announces $289 million CAD in debt, equity financing as it looks to disrupt reverse mortgages
Vancouver-based startup Fraction Technologies on Wednesday announced $289 million CAD in a mix of equity and debt financing.…
Purpose Financial secures $53.5 million CAD investment from Allianz X
Toronto FinTech company Purpose Financial has secured $53.5 million CAD from Allianz X, with the German investor acquiring…
Briza raises $10.2 million CAD to address growing demand for insurance carrier APIs
Toronto-based insurtech Briza has raised a $10.2 million CAD ($8 million USD) Series A round as the startup aims to meet significant…
Digital Technology Supercluster invests $2.5 million into new telehealth wound care project
The Digital Technology Supercluster is investing $2.5 million into a new $3.1 million initiative aimed to help wound patients…
BuzzFeed’s Craig Silverman says social media now (kinda) wants to be regulated
The world is rushing to vaccinate itself against COVID-19. But what about the other virus? The one that attacks a society’s…
Shopify strikes deal to offer payment solution on Facebook, Instagram
Shopify has expanded its payment offering, Shop Pay, to Facebook and Instagram, making it available to merchants selling on…
Toronto FinTech startup Payfare files to go public on Toronto Stock Exchange
Toronto-based startup Payfare, which offers FinTech software for gig economy workers and employers, has filed to go public…
Symend eyes global markets with $54 million CAD Series B extension led by Inovia
Fuelled by growing demand for its customer engagement platform for financially at-risk customers, Calgary-based Symend has…
Report shows overview of Canadian proptech sector as real estate undergoes digital transformation
Over the last year, the property sector has undergone major transformations, including the acceleration of technology adoption.…