Tag: Canada
Canadian FinTech deal activity on track to report five year low...
Key FinTech investment stats in Canada, Q1 2023:
• Canadian FinTech companies raised a combined $286m in the first quarter of 2023, an 85% drop...
Canadian startup Chexy seizes CAD1.3m in a pre-seed round
Chexy, described as Canada's pioneer payments platform enabling tenants to garner rewards through regular on-time rent payments, has announced both its launch and a pre-seed funding round that has netted the company $1.3m CAD.
BDC unveils $150m sustainability-focused tech fund
The BDC has launched a new $150m fund aimed at investing in Canadian firms advancing technologies towards climate goals.
Synctera teams with National Bank of Canada and raises $15m
Banking-as-a-service (BaaS) company Synctera has formed a partnership with the National Bank of Canada, alongside the close of a $15m strategic investment.
The investment was...
Canadian government to mandate large suppliers to disclose GHG emissions
New standards by the Canadian government will require large suppliers to disclose their GHG emissions and set targets to reduce them.
Bank of Canada believes offline CBDC could boost financial inclusion
The Bank of Canada believes an offline Central Bank Digital Currency (CBDC) would help to boost financial inclusion.
Canada-based CyberTech Beauceron Security gets CIBC backing
Canada-based cybersecurity SaaS platform Beauceron Security has received a growth capital facility from CIBC Innovation Banking.
Canadian WealthTech Conquest Planning raises CAD 24m for international growth
Canadian WealthTech Conquest Planning, a technology developer on a mission to modernise financial planning through customised advice, has raised CAD 24m ($17.9m) in its Series A round.
Vancity adds emission tracking feature to credit card purchases
Vancity has become the first financial institution in Canada to offer its members a way to estimate the carbon emissions that come from their purchases.
Darwin CX nets $38.4m to expand operations
Darwin CX, a Toronto-based provider of a SaaS platform for the subscription economy, has scored $38m in funding.