After hiring freeze, Wealthsimple makes staff cuts
Approximately 13 percent of Wealthsimple staff are affected by the cuts.
Toronto
Wave CEO Kirk Simpson to step down three years after acquisition by H&R Block
Former Mastercard, Afterpay exec Zahir Khoja will replace Simpson.
Snowman gaming studio spinout Pok Pok closes $3.9 million CAD to help kids learn through play
Apple Design Award-winning Pok Pok has secured backing from gaming VCs.
RBC pens private open banking partnerships with Plaid, Yodlee
With open banking in development, why are Canada’s banks signing private agreements?
Babbly secures $3.2 million CAD to scale speech development software for children
The Toronto startup aims to decipher babies’ babbling.
FinTech Nuula launches app in Canada in partnership with Caary and OneVest
Nuula is building a partner ecosystem to serve local small businesses globally.
CapIntel closes $14.2 million CAD Series A to fuel US expansion of wealth management sales platform
With help of US-based FinTech Collective, CapIntel aims to build on Canadian growth.
GoBolt buys same-day delivery startup BoxKnight to accelerate move into small parcel space
Acquisition comes as GoBolt looks to win big in US fulfillment market.
Calgary only Canadian tech city not to drop in Startup Genome’s annual ecosystem report
Startup Blink report tells different story, with Canadian cities rising up through the ranks.
MLSE, TMU reveal eight sport tech startups to join third Future of Sport Lab cohort
FSL alumni have partnered with brands like the NBA, Red Bull, and Adidas.
FinTech startup Swoop raises £5.4 million to target US expansion through Canadian office
Irish company swooped into Canada last year after seeing country’s commitments to open banking.
Maropost acquires Swedish AI startup Findify for over $4.45 million USD
Findify’s clients include Victoria Beckham, Pharell Williams, and a Kardashian.
1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year
Zipes has experience scaling legal team, leading Shopify through IPO.
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.