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WEB3 days ago · Covering Canadian startups and tech innovation since 2012.
CIBC latest Big Six bank to partner with a FinTech on private open ...
WEBAug 8, 2022 · CIBC is the latest member of Canada’s Big Six banks to partner with a United States-based FinTech firm to launch what is essentially a private application of open banking. In June, RBC partnered with Yodlee and Plaid to let its users share their financial data across Yodlee and Plaid’s combined third-party application network of over 7,500.
Ada secures $130 million USD, claims $1.2 billion valuation
WEBMay 7, 2021 · Toronto artificial intelligence (AI)-powered customer support software startup Ada has raised $130 million USD in Series C financing at a reported valuation of $1.2 billion. The round was led by Spark Capital, with participation from Tiger Global. Previous Ada investors Accel, Bessemer, FirstMark, Version One, and Burst also provided financing.
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SkipTheDishes co-founders look to shake up banking as Neo
WEBSep 23, 2020 · Neo Financial is a Prairies-based startup created by SkipTheDishes founders Andrew Chau and Jeff Adamson, alongside Kris Read. It is the newest challenger bank entrant into the Canadian financial market and is on a mission to re-imagine everyday banking. After spending the first year and a half of its …
Nearing the first close of his $500 million private equity fund ...
WEBMar 19, 2021 · Notable Canadian investor John Ruffolo has pulled the curtain off his new venture, Maverix Private Equity, a fund with a target size of $500 million USD.
US private equity firm Crest Rock Partners takes majority ... - BetaKit
WEBJun 17, 2020 · Crest Rock Partners, a Denver-based private equity firm, has acquired a controlling stake in Vancouver-based startup Unbounce in a $52 million deal.
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WEBSep 8, 2024 · Hosted by Douglas Soltys and Rob Kenedi, the BetaKit Podcast Channel features weekly podcasts discussing Canadian tech and global tech from a Canadian perspective. Produced by Kattie Laur. Subscribe: RSS, Apple Podcasts, Spotify, Stitcher, Google Podcasts, YouTube.
Following rebrand, Notch raises $12.5 million CAD | BetaKit
WEBJul 27, 2021 · Toronto-based startup Notch has secured $12.5 million CAD ($10 million USD) in funding, as the startup looks to expand its recently revamped restaurant supply chain offering to new markets. “We’re in a position to fundamentally change the way any restaurant in North America goes about buying the supplies that they need.”.
Sonder to go public on NASDAQ through SPAC deal | BetaKit
WEBApr 30, 2021 · According to the companies, Sonder expects to raise $650 million USD of cash proceeds through the deal, which is expected to bring Sonder’s enterprise value to $2.2 billion. The value reportedly represents a 3.6 times increase in Sonder’s projected revenue for 2022. Existing Sonder stockholders are …