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FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.
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Funding
Montréal-based digital mortgage lender wants to speed up approvals using AI.
AI
Trillium helps Canadian researchers with massive jobs like simulating oceans and modelling stars.
AI
Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.
VC
Crown corporation’s board chair says Hudon will help shape its next five-year strategy.
Defence Tech
Erin O’Toole wants Canadian innovators to seize the moment before it’s gone.
Plus: AWS investing $100 million in generative AI center.
Work permits will be prioritized for entrepreneurs backed by VCs or angels.
NGen and DIGITAL are receiving $14 million from the National Quantum Strategy, which they hope to leverage.
Ex-ApplyBoard CEO plans to finance skilled immigrants that meet Canada’s workforce needs.
Joyful has backed two firms with Canadian roots: New School Foods and Orbillion Bio.
After Stripe acquired its manufacturing partner, Helcim faced delays and an increasingly competitive environment.
Plus: Poka to be acquired in reported $200M deal.
Applications are open until July 5 for women investors and entrepreneurs to get a chance at a $100,000 prize.
The deal is estimated to be worth between $175-million and $225 million.
Leaders from energy, FinTech sectors appointed to support Harvest’s new vertical.
Google piloted the cloud accelerator in Canada, then extended it to US startups this year.
Plus: David Dodge says Canada’s open banking complacency due to “lack of political will.”
Plus: Angel investment in Canada mirrored VC dip in 2022.
Neo Financial, Helcim, and Shakepay are looking to hire full-stack developers of varying experience levels.
The product launch comes as Neo navigates a tough consumer-banking market.
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