Quickly secures $10 million in equity and debt to help businesses pay vendors promptly
Quickly claims to solve the delayed-payment problem for B2B companies.
FinTech
F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue
Plus: Clearco recapitalizes, WonderFi eyes Nasdaq.
WonderFi files SEC registration statement as crypto firm eyes Nasdaq listing
CEO called the move “an important first step” towards US expansion.
Pine acquires Properly to capture more of the Canadian home-buying process
Digital mortgage firm aims to build the former proptech into Canada’s top real estate website.
Clearco secures new equity financing from existing investors and asset-backed facility as struggling financier recapitalizes
Inovia, Founders Circle double down on Clearco with SVB debt buyback, $60-million Series D.
Canadian FinTech companies launch open banking public action campaign as delays continue
Canada’s open banking lead, Abraham Tachjian, will extend his tenure to the end of 2023.
F|T: The FinTech Times – Wealthsimple partners with Interac, Luge Capital is ready to cut cheques
Plus: Neo Financial, Float headline LinkedIn top startups list.
Neo Financial, Float, and Cohere headline LinkedIn’s sixth annual list of Canada’s top 15 startups
Neo Financial joins Wealthsimple as only companies to top list in multiple years.
Wealthsimple to join Interac e-transfer system under expanded access guidelines
Wealthsimple becomes first securities dealer to join Interac’s service, but yearns for RTR payment system.
Luge Capital looks to buck FinTech trends with $71-million CAD first close of new fund
FinTech-focused firm targets $100-million fund and expanded team across Canada.
F|T: The FinTech Times – Jack Dorsey is back at the head of Square
Plus: Moneris goes down, Netcoins get breached (again).
Netcoins loses $343,000 in second security breach within 17 months
“Bad actor” makes off with hundreds of thousands from the cryptocurrency platform’s operational float.
ZayZoon closes Series B to fuel continued US expansion of earned wage access business
ZayZoon nabs $34.5 million USD in debt and equity to help workers access a cash-advance alternative to payday loans.
Aquanow launches AQN Digital Ventures Fund to back next generation of blockchain startups
Fund has already invested more than $1 million in seven companies, including BoomFi and Mash.
Web3 startup LayerZero Labs fighting $21.3-million lawsuit from FTX
Bankrupt crypto exchange suing LayerZero over alleged fraudulent transfers.