As crypto crashes, WonderFi closes deal to acquire another regulated crypto trading platform in Coinberry
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Tokens.com slashes headcount by 40 percent in push to cut costs

Web3 firm is also exploring a potential sale of business segments. Toronto-based cryptocurrency and Web3 firm Tokens.com has reduced its headcount by approximately 40…

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Wealthsimple to join Interac e-transfer system under expanded access guidelines
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F|T: The FinTech Times – Wealthsimple partners with Interac, Luge Capital is ready to cut cheques

Plus: Neo Financial, Float headline LinkedIn top startups list. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around…

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Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff
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Canadian startup struggles continue as Silofit closes up shop, Top Hat and Fable cut staff

Trio joins growing list of Canadian tech firms that have restructured or ceased operating during the downturn. More Canadian technology startups have made the…

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People in tech working
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BC government extends tax credit for digital media companies to cut employment costs

Minister of Innovation says tax credit will help nearly 250 companies in the province. The British Columbia government is extending the interactive digital media…

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healthtech
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AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals

AI platform tracks use of disposable medical devices, supplies for surgeries and common procedures. A medtech startup that has developed a new artificial intelligence…

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Google office Kitchener Waterloo
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As Big Tech makes mass layoffs, recent Canadian startup reductions might cut deeper

PartnerStack, SSENSE, #paid, Shakepay, Venngage latest to cut staff. The new year has been rung in by a slew of cuts to a large…

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RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption
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RailVision Analytics closes $5.5 million CAD to cut train emissions by curbing fuel consumption

Trucks choo-choo chooses RailVision following successful pilots with Via Rail, Metrolinx. RailVision Analytics has set out to help railway operators reduce diesel consumption—and by…

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Twitter front office
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S|W: The SaaS Weekly – Verified trolls cut Musk’s work out for him

Plus: 1Password prepares for the passwordless future. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe….

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People walking in front of a Meta logo.
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S|W: The SaaS Weekly – Meta, Google quietly cut staff, Trulioo exits small biz

Plus: BDC commits half a billion dollars to invest in Canadian women-led startups and funds. The SaaS Weekly is a weekly newsletter covering major…

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Trulioo to cut up to 10 percent of staff, exit small business market
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Trulioo to cut up to 10 percent of staff, exit small business market

Vancouver-based unicorn plans to focus on medium and large enterprises. Global online identity verification firm Trulioo plans to lay off five to 10 percent…

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