SaaS
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Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion

L-Spark’s report identified 20 SaaS deals valued at $50 million or more. Canada’s software as a service (SaaS) sector saw a marked year-over-year…

Continue Reading Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion
Federal government introduces new legislation aimed at governing privacy, AI
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Ecosystem fears SDTC funding gap, FinTechs rally against open banking delays

Plus: Hugging Face’s Sasha Luccioni on tracking the ethical and environmental impacts of AI. Welcome to BetaKit’s startup stories of the week! Here, you…

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Abraham Tachjian, open banking lead, speaking in front of a microphone in a suit
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F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue

Plus: Clearco recapitalizes, WonderFi eyes Nasdaq. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If…

Continue Reading F|T: The FinTech Times – Canada’s open banking lead extends his term as delays continue
Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan

Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…

Continue Reading Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup
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F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup

Plus: Hutsy takes home two wins at Startupfest. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the…

Continue Reading F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup
F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
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F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger

Plus: Bob Lee, creator of Cash App, stabbed to death. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…

Continue Reading F|T: The FinTech Times – Canadian crypto’s Bizarre Love Triangle ends in three-way merger
Founders Assemble Summit launches to help entrepreneurs navigate current market conditions
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Founders Assemble Summit launches to help entrepreneurs navigate current market conditions

The two-day event will feature industry professionals like Janet Bannister and Chris Neumann. Four-time founder Daniel Warner is helping to launch a new tech…

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F|T: The FinTech Times – CoinSmart, Coinsquare split leads to legal proceedings
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F|T: The FinTech Times – CoinSmart, Coinsquare split leads to legal proceedings

Plus: PayPal to cut 2000 workers. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If…

Continue Reading F|T: The FinTech Times – CoinSmart, Coinsquare split leads to legal proceedings
As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity and debt to fuel pivot into e-commerce lending
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As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity and debt to fuel pivot into e-commerce lending

Founded as a bookkeeping automation company, Toronto-based FinTech firm Paperstack pivoted into e-commerce lending last year when the economy was beginning to deteriorate. In…

Continue Reading As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity and debt to fuel pivot into e-commerce lending
Clearco hands overseas business to Outfund to focus on North American market
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F|T: The FinTech Times – A Clearco co-founder resigns as CEO, again

Plus: the end of an era for crypto’s pseudo-banks. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around…

Continue Reading F|T: The FinTech Times – A Clearco co-founder resigns as CEO, again