BetaKit - Canadian Startup News & Tech Innovation
WEBOkanagan tech sector generated just under $5 billion of economic impact in 2023. Fifty-eight percent of the region’s 787 tech companies have already reached profitability. By Loraine Centeno September 17, 2024.
Podcasts - BetaKit
WEBSep 8, 2024 · A wide-angle view on the state of AI from the VC firm backing Lambda and CentML. 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.
Software acquirer Valsoft closes $229 million CAD in growth …
WEBJan 19, 2024 · Valsoft Corporation, a Montréal-based firm that seeks to acquire and scale vertical software companies, has closed $229 million CAD ($170 million USD) in growth funding as it looks to expand its portfolio. The investment was led by new investor Coatue and returning investor Viking Global Investors, which acquired a minority stake in …
FinChat secures $1.5 million USD from Social Leverage to ... - BetaKit
WEBDec 6, 2023 · Earlier this year, Toronto-based FinTech startup Stratosphere—an investment research analytics platform led by the co-founder and co-host of The Canadian Investor Podcast (TCI)—decided to jump on the generative artificial intelligence (AI) trend.. In what FinChat co-founder and CEO Braden Dennis described as an “experimental” bid to build an AI tool for researching publicly traded ...
Bootstrapped to date, Field Effect closes $41 million CAD ... - BetaKit
WEBAfter bootstrapping its way to product-market fit, Ottawa-based cybersecurity software and services startup Field Effect has secured $41 million CAD ($30 million USD) in Series A financing.. Field Effect, which specializes in “intelligence-grade protection” for the “vastly underserved” small and medium enterprise (SME) market, plans to use this capital to boost its sales and marketing ...
Canadian Tech Layoffs - BetaKit
WEBOpenText lays off 1,200 employees as part of restructuring plan. CEO plans to add 800 new roles in sales, professional services, and engineering. BetaKit covers layoffs in Canadian tech and amongst global tech players with Canadian offices. Read the latest news, and find useful resources.
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In banking licence pursuit, Koho is chasing a “seat at the ... - BetaKit
WEBPer the January 26 notice published in the federal government’s Canada Gazette, Koho intends to provide deposit and lending products and services—including savings accounts, prepaid cards, and retail loans—to Canadian residents. “If Koho had a bank licence today, we could pay the highest savings rate in the country,” claimed Eberhard.
Wealthsimple first FinTech startup approved by Bank of Canada …
WEBOct 18, 2022 · The approval will give Wealthsimple direct access to Real-Time Rail. Wealthsimple has become the first non-bank or credit union to be approved by the Bank of Canada for a direct settlement account. This means that the FinTech startup will not have to rely on a third-party financial institution to process transactions when Real-Time Rail (RTR ...