Tag: profitability
F|T: The FinTech Times – Wealthsimple targets fourfold AUM growth, Koho targets profitability
Plus: Brex, Block, Flinks, and Shakepay unveil new product offerings. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from…
$86-million Series D extension has Koho targeting growth and profitability
Canadian challenger bank reaches one million users, $100-million run rate. In August of last year, months after securing a $210 million Series D round,…
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses. A number of publicly-traded Canadian technology companies have recently made meaningful progress on their…
R|T: The Retail Times – Hopper makes deep staff cuts, pulls back from Asia to pursue profitability
Plus: Canada looks at limiting number of Airbnbs to free up rentals. The Retail Times is a weekly newsletter covering retail tech news from…
F|T: The FinTech Times – FreshBooks cuts 10 percent of staff to target profitability
Plus: Jack Dorsey’s Block accused of facilitating fraud. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the…
Thinkific makes more layoffs as part of push towards profitability
Cuts hit 19 percent of staff as Canadian tech continues to feel impact of downturn. Vancouver-based software company Thinkific Labs has announced another round…
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion. Amid challenging public market conditions, Toronto-based investor relations software company Q4 Inc….
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams. Toronto-based investor relations (IR) software company Q4 Inc. has laid off 48 employees, joining a growing…
Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year. During its earnings call, Lightspeed Commerce management projected a relentless optimism over merchants and restaurateurs returning…