News from BetaKit

Woveo closes $2.3 million to expand community wallet platform for underserved banking customers

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Isabelle Kirkwood @ BetaKit 1 place · 12/15/2023 12:21 EDT

As cost of borrowing increases, Woveo wants to help non-prime customers save, build credit. Read more ›

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Synctera launches embedded banking platform in Canada

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Kelsey Rolfe @ BetaKit · 12/15/2023 06:01 EDT

After getting its start in the United States, Toronto-based banking as a service (BaaS) platform Synctera has launched on its home turf. The platform allows organizations of various sizes, from small FinTech startups to major brands, to develop FinTech apps and embedded banking products — including bank accounts, card programs and lending — that are compliant with Canadian payments and banking regulations.  According to Synctera’s Drew Olanoff, the startup is... Read more ›

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H|T: The Healthtech Times – Healthtech startups among targets of Sixty Degree Capital’s new $338-million CAD fund

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Alex Riehl @ BetaKit · 12/15/2023 05:00 EDT

Plus: Medtronic's $738 million acquisition is cancelled. Read more ›

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Anticipated innovation hub Ax-C to open on former trading floor of Montréal Exchange

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Alex Riehl @ BetaKit · 12/14/2023 17:16 EDT

Backed with $48 million, Ax-C secures its location as another Montréal hub struggles. Read more ›

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As Intuit winds down Mint, financial planning app Monarch Money comes to Canada

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Josh Scott @ BetaKit 2 place · 12/14/2023 06:00 EDT

US-based Monarch “fast-tracked” its Canadian expansion after the Mint shutdown news. Read more ›

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R|T: The Retail Times – SkipTheDishes appoints its third CEO this year

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Alex Riehl @ BetaKit 3 place · 12/14/2023 05:00 EDT

Plus: Asian food delivery service Fantuan secures $40 million. Read more ›

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Formerly Qui Identity, Wave alumni launch digital ID verification platform Confirm

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Alex Riehl @ BetaKit 3 place · 12/13/2023 17:34 EDT

Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022. Read more ›

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Y Combinator graduate Terminal closes $4.2-million CAD seed round

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Alex Riehl @ BetaKit · 12/13/2023 14:28 EDT

Terminal aims to be the Plaid for telematics data in commercial trucking. Read more ›

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Kitchener-Waterloo tech leaders launch new community-building platform Waterloo Inc.

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Josh Scott @ BetaKit 3 place · 12/13/2023 12:29 EDT

Intellijoint CEO: “We want to put the focus back on Waterloo Region.” Read more ›

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Vistara Growth secures $200-million CAD initial close for fifth private credit fund

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Josh Scott @ BetaKit 3 place · 12/13/2023 05:59 EDT

Vistara sees opportunity post-SVB as traditional lenders and VCs pull back. Read more ›

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A|I: The AI Times – Google launches its hopeful GPT-4 killer 

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Alex Riehl @ BetaKit · 12/13/2023 05:00 EDT

Plus: "Gentle Canadian" @BasedBeffJezos raises $14M for AI hardware startup. Read more ›

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Leav secures $2.3 million in seed funding for its mobile self-checkout solution

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Alex Riehl @ BetaKit · 12/12/2023 14:17 EDT

The funding round was led by Nicolas Bouchard’s venture capital firm Exo10. Read more ›

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Durable raises $18 million CAD as it looks to help service-based businesses run on autopilot

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Isabelle Kirkwood @ BetaKit 1 place · 12/12/2023 08:00 EDT

Startup claims six million sites have been built with the platform in its first year. Read more ›

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Started in a bar, now we’re here: Startup TNT completes first close of targeted $5-million venture fund

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Isabelle Kirkwood @ BetaKit 1 place · 12/12/2023 06:00 EDT

Fund I will write $50,000 cheques to winners of Startup TNT investment summits. Read more ›

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S|W: The SaaS Weekly – Why did SaaS VC stalwart OpenView shut down?

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Alex Riehl @ BetaKit · 12/12/2023 05:00 EDT

Plus: ContactMonkey secures $55-million Series A. Read more ›

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Six Canadian tech founders share their wins and learnings from 2023

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Jacqueline Loganathan @ BetaKit · 12/11/2023 16:58 EDT

The founders of Tailscale, Wrapbook, and more are here to help you end your year on a high note. Read more ›

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Atlantic Canada accelerator Propel receives $2.9-million grant from ACOA

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Alex Riehl @ BetaKit · 12/11/2023 15:00 EDT

The Government of Nova Scotia committed $1.05 million to Propel in May. Read more ›

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Notman House is in trouble. What’s next for the home of Montréal tech?

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Douglas Soltys @ BetaKit 2 place · 12/11/2023 06:00 EDT

OSMO Foundation owes unpaid mortgage fees and creditors are pushing for a sale. Read more ›

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F|T: The FinTech Times – Wealthsimple targets fourfold AUM growth, Koho targets profitability 

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Alex Riehl @ BetaKit 3 place · 12/11/2023 05:30 EDT

Plus: Brex, Block, Flinks, and Shakepay unveil new product offerings. Read more ›

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Cultivator has a new leader, Canadian FinTech leader has some new capital

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Alex Riehl @ BetaKit · 12/11/2023 05:00 EDT

Plus: Meet BetaKit's new newsletter editor. Read more ›

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