News from BetaKit

Five trends shaping the future of FinTech: Insights from the Canada Fintech Forum

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Isabelle Kirkwood @ BetaKit 1 place · 10/29/2025 07:00 EDT

Startups, banks and regulators contend with stressed customers, stalled stablecoin, and accelerated threat timelines. Read more ›

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Addressing the 600-pound beaver in the room

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Douglas Soltys @ BetaKit · 10/07/2024 05:00 EDT

Plus: Koho's banking roadmap, GreenSky's rarified air. Read more ›

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Can Wealthsimple build Canada’s largest financial institution?

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Douglas Soltys @ BetaKit · 10/06/2024 17:29 EDT

Ten years in, Wealthsimple is profitable with $50 billion in AUA. What comes next? Read more ›

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NACO launches fellowship program with national innovation orgs

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Josh Scott @ BetaKit 1 place · 10/04/2024 16:47 EDT

Government-backed initiative will match founders with senior leaders at companies like Interac, Loblaw Digital, National Bank, and more. Read more ›

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Ex-PathFactory CEO’s Sparrow BioAcoustics closes $10 million to turn smartphones into stethoscopes

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Isabelle Kirkwood @ BetaKit 2 place · 10/04/2024 13:09 EDT

Funding comes one year after the startup received FDA clearance for its Stethophone software solution. Read more ›

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Nunafab, SnapWrite, Aruna Revolution among startups to score prize money at Elevate

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Isabelle Kirkwood @ BetaKit 3 place · 10/04/2024 06:00 EDT

Seven startups cashed in a cumulative $275,000. Read more ›

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Sagard-backed Audensiel acquires tech consultancy Maltem Canada

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Isabelle Kirkwood @ BetaKit 3 place · 10/03/2024 15:40 EDT

Deal comes one year after the French consulting firm opened its Montréal office. Read more ›

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Iris Booth appoints Shopify director Brandon Ghaeli as CEO

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Josh Scott @ BetaKit 1 place · 10/03/2024 06:00 EDT

Ghaeli to replace founder Sue Siri following recent acquisition. Read more ›

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The greatest threat to startups today is playing it safe

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Isabelle Kirkwood @ BetaKit 3 place · 10/03/2024 06:00 EDT

Pender Ventures’ Maria Pacella warns that an overcorrection toward risk aversion could spell trouble for Canada’s SaaS startups. Read more ›

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Fujitsu launches Cohere-powered Japanese LLM for enterprise use

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Alex Riehl @ BetaKit 3 place · 10/02/2024 13:51 EDT

Fujitsu invested in Cohere as part of a partnership to develop an LLM for the underserved language. Read more ›

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Koho secures $190 million CAD in equity and debt to bolster banking licence efforts

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Alex Riehl @ BetaKit 2 place · 10/02/2024 09:56 EDT

Capital allows FinTech firm to expand lending book and product offerings. Read more ›

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PocketHealth kicks off breast cancer awareness month with AI-powered tool for early detection

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Loraine Centeno @ BetaKit 3 place · 10/02/2024 06:02 EDT

Tool features a personalized breast cancer risk assessment and mammogram appointment manager. Read more ›

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Nano One to increase battery material manufacturing capacity with funding from US Department of Defense

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Alex Riehl @ BetaKit · 10/02/2024 05:41 EDT

$17.8 million CAD to support Nano One's Candiac, Québec and British Columbia facilities. Read more ›

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Loss of DoorDash partnership prompts Payfare share price plummet and strategic review

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Alex Riehl @ BetaKit · 10/01/2024 16:20 EDT

Shares dropped more than 75 percent Friday after news that firm’s largest customer would not renew its contract. Read more ›

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Orpyx closes $26.9 million CAD in growth capital to fuel US expansion

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Isabelle Kirkwood @ BetaKit · 10/01/2024 15:27 EDT

Startup has focused on US commercial traction of its shoe-based sensor tech for people with diabetes. Read more ›

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What to expect from Zoholics Canada 2024

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Isabelle Kirkwood @ BetaKit · 10/01/2024 12:01 EDT

From October 8 to 9 in Montréal, a conference to help businesses power their next stage of growth. Read more ›

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GreenSky’s $15-million first close of Fund VI puts VC firm in rare company

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Josh Scott @ BetaKit 1 place · 10/01/2024 06:00 EDT

Research indicates only one percent of Canadian VC firms have graduated to a sixth fund over the past decade. Read more ›

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Is BC tech “lethargic” or “on fire?”

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Douglas Soltys @ BetaKit · 10/01/2024 05:00 EDT

Plus: Canada's Top Startups list. Read more ›

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“It used to be lonely being Indigenous in tech.” How one tech founder’s question led to a community of hundreds

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Loraine Centeno @ BetaKit · 09/30/2024 18:18 EDT

The Indigenous Tech Circle has grown to include more than 340 members. Read more ›

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What Canada can learn from AI use in South Africa 

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Douglas Soltys @ BetaKit · 09/30/2024 17:21 EDT

Raesetje Sefala explains how DAIR is analyzing impacts of South African apartheid with AI. Read more ›

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Propel Holdings to acquire UK-based QuidMarket for $95.9 million CAD

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Isabelle Kirkwood @ BetaKit 1 place · 09/27/2024 18:20 EDT

Company sees the UK as potential beachhead for expanding into the European market. Read more ›

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