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Tag: Canada

FundThrough bags $50m investment from private equity firm

FundThrough, which helps small businesses optimise cash flow by leveraging outstanding customer invoices, has bagged a $50m investment from private equity firm Northleaf Capital Partners.

Wealthsimple is the latest FinTech to reach unicorn status

Online investing app Wealthsimple has reportedly joined the ever-growing list of FinTech unicorns, after the close of a $114m investment.

goPeer wins top prize at the York University’s LaunchYU Accelerator programme

goPeer, which makes non-traditional loans available through a peer-to-peer network, has received $25,000 after it wins the top prize in York University’s LaunchYU Accelerator programme this year.

Blockchain platform Covalent said to raise $3.1m in funding

Covalent, which aims to bring transparency to blockchain, has reportedly raised $3.1m in its latest funding round.

ProNavigator capitalises on strong growth to close CAD 5.6m funding round

AI-powered insurance assistant ProNavigator has seen adoption of its technology accelerate during the pandemic, helping it to close a CAD 5.6m ($4.2m) round.

Zensurance closes its Series B round to help grow the team

Canadian digital commercial insurance platform Zensurance has closed its Series B round to increase its hiring efforts.

Metro Bank launches SME receipt management tool as its reeling from...

Metro Bank has launched new app tools for businesses to manage their receipts as the company itself is still recovering from last year's accounting scandal.

The cost of data breaches has gone up during Covid-19

While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.

The eight startups picked for the Holt Fintech Accelerator’s 2020 batch

Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.

Mylo rebrands to Moka as it begins its move to the...

Mylo, a Canadian saving and investing app, has rebranded itself to Moka and is looking to expand internationally.

Watch the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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