Virtuo 2023
Posted in General

Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding

Calgary-based proptech startup raised $3.5 million in seed financing in March. Having secured funding earlier this year, Calgary-based Virtuo is now poised to expand…

Continue Reading Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary FinTech, Quickly, secures $10 million in equity and debt to help businesses pay promptly
Posted in General

Calgary FinTech, Quickly, secures $10 million in equity and debt to help businesses pay promptly

Quickly claims to solve the delayed-payment problem for B2B companies. A Calgary-based FinTech startup that helps small-and-medium-sized businesses (SMBs) unlock capital has secured $10…

Continue Reading Calgary FinTech, Quickly, secures $10 million in equity and debt to help businesses pay promptly
A ZayZoon-branded camper van driving across a US highway.
Posted in General

ZayZoon closes Series B to fuel continued US expansion of earned wage access business |

ZayZoon nabs $34.5 million USD in debt and equity to help workers access a cash-advance alternative to payday loans. Calgary-based FinTech startup ZayZoon has…

Continue Reading ZayZoon closes Series B to fuel continued US expansion of earned wage access business |
Neo Financial launches secured credit card to help Canadians build credit
Posted in General

Neo Financial launches secured credit card to help Canadians build credit

The product launch comes as Neo navigates a tough consumer-banking market. Neo Financial has launched a secured credit card designed to help Canadians build…

Continue Reading Neo Financial launches secured credit card to help Canadians build credit
Payments Canada
Posted in General

Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility

Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility Payments Canada, along with other stakeholders in Canada’s payments industry…

Continue Reading Payments Canada pens open letter to Minister of Finance to expand organization’s membership eligibility
working on a computer
Posted in General

Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs

Walnut has partnered with Neo Financial, Nuula to launch their insurance products. Toronto-based Walnut Insurance, which provides a technology infrastructure that helps brands deliver…

Continue Reading Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs
ZayZoon
Posted in General

ZayZoon raises $25.5 million to expand its earned wage access business across the US

ZayZoon’s earned wage access model never caught on in Canada, but took off south of the border. Earned wage access startup ZayZoon plans to…

Continue Reading ZayZoon raises $25.5 million to expand its earned wage access business across the US