Clearbanc expands reach of revenue financing model with new product for early-stage founders
Clearbanc is currently testing out a new product in public beta, ClearAngel, that will allow companies at the earliest stages…
FinTech
Today in acquisitions: Givex, NextPoint Acquisition, Herjavec Group, BIM One
Over the last two weeks, four Canadian tech companies have recently made acquisitions or have been acquired: Givex, NextPoint…
Borrowell raises $25 million to fund acquisition of Refresh Financial
Borrowell has secured $25 million CAD to support its recently closed acquisition of Refresh Financial and overall growth, as…
F|T: The FinTech Times – The 1 in 3.5 million black swan
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
Boast.ai secures $100 million credit facility to build Clearbanc for R&D tax credits
Boast.ai has secured a $100 million credit facility to provide companies with up-front loans for their government research…
F|T: The FinTech Times – Canada’s challenger bank rank
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read…
With new execs and new products, Koho says it’s ready to become Canada’s leading challenger bank
The launch of a new credit building product this week is the latest of many moves by Koho to scale its growth and become Canada’s…
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.…
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…
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…
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…
Following changes to business, Coinsquare launches crypto trading app
Toronto-based crypto startup Coinsquare has launched a new app that allows Canadians to buy, sell, and trade digital assets.…