Tag: markets
DeFi company Wellfield inks deal to acquire crypto custodian Brane Trust
Canadian crypto consolidation continues with Toronto, Ottawa firms set to join forces. Toronto’s Wellfield Technologies, operator of the cryptocurrency exchange Coinmama, has reached a…
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition. Long-serving Shopify executive Satish Kanwar is leaving the company after 10 years. The Shopify…
WaitWell closes $1.5 million to bring its queue management tech to new markets
After establishing itself in higher education, WaitWell eyes private health care. Calgary-based WaitWell, which sells queue management and service-delivery software, has secured $1.5 million…
WonderFi, Coinsquare, CoinSmart merge as landmark Canadian crypto deal closes
The merger comes during a challenging time for the crypto industry. Vancouver’s WonderFi has now merged with two fellow regulated Canadian cryptocurrency exchanges, Coinsquare…
PitchBook analysts say 2023 VC funding is “pretty much shot,” long-term recovery appears likely
As the economy has deteriorated, non-traditional investors have pulled back from the venture capital (VC) space and the initial public offering (IPO) market has…
Gaming and esports tech firm Swarmio files for creditor protection
Swarmio Media has announced that it is seeking creditor protection. The Halifax-headquartered gaming tech firm has filed an application for creditor protection from the…
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients. Shopify is making its one-click online checkout solution, Shop Pay, available to enterprise…
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down. Québec City-based automotive software provider LeddarTech has reached an agreement to merge with Prospector,…
Shopify plans to “aggressively pursue” ID of funders in cases against “patent trolls”
Company filed motion in Texas court demanding Lower48 IP LLC reveal third-party interests. After battling patent trolls for years, Shopify has announced plans to…
BC regulator suspends ex-Blok Technologies CEO, CFO from investment market for misrepresenting 2018 share sale
The suspensions come in response to how a past Blok private placement was publicly communicated. The former CEO and CFO of Vancouver-based blockchain investment…