Hyatt brothers’ BlueCat to be acquired by another US ... - BetaKit
WebJun 24, 2022 · The Globe reported the deal values BlueCat at over $700 million. The deal comes just over five years after BlueCat co-founders and owners Michael and Richard Hyatt sold BlueCat for $400 million to another United States (US) PE firm in Madison Dearborn Partners. The Hyatt brothers maintained a minority stake as part of the 2017 acquisition.
Doctor-backed Clinify secures $2 million CAD to help digitize
WebFeb 15, 2023 · With $2 million CAD ($1.5 million USD) in seed funding from Thin Air Labs, HaloHealth, and Calgary doctors, Clinify began rolling out its electronic medical record (EMR) platform in Africa last fall, starting with Nigeria. Since then, Clinify has deployed its tech with over 10 medical insurance groups, 130 healthcare providers, and 12,000 patients.
Diagram Ventures closes $100-million for latest fund as it ... - BetaKit
WebMay 4, 2023 · Diagram Ventures remains bullish on FinTech companies as it launches its latest venture fund with a first close of $100 million CAD.. In an exclusive interview with BetaKit, Francois Lafortune, co-founder and CEO of Diagram, indicated that the Desmarais family-connected venture builder isn’t concerned about the current dip in the FinTech …
F|T: The FinTech Times – PayPal spent $1 billion on Xoom ... - BetaKit
WebMay 23, 2023 · PayPal, Under Shareholder Pressure, Looks to Sell Xoom(THE INFORMATION) PayPal has been seeking buyers for Xoom, the international money transfer service it bought for roughly $1 billion in 2015. The sale efforts could signal that activist investor Elliott Management, which accumulated a stake last year, is having an …
Chime the latest US tech company to expand to Vancouver
WebNov 18, 2020 · Chime’s hopes to have 100 people in Vancouver by the end of 2021. In recent years, Vancouver has become a magnet for US tech companies seeking to expand their footprint. Speaking with BetaKit, Chime co-founder and CTO Ryan King said the city’s talent pool and convenient time zone made it an ideal location for its first international office.
Five tips for startups exploring buy now, pay later | BetaKit
WebFeb 28, 2022 · BNPL startups have benefited from the increased attention, already raising over $2 billion in equity funding at the halfway point of 2021, with more recent funding announcements, particularly in Asia and Africa, over the recent months. It’s no surprise, as 2021 was also the year of several large retailer partnerships with several BNPL startups.
BDC exploring matching investments for angel-backed startups
WebApr 15, 2020 · BDC Capital is considering extending its investment matching efforts to include angel investors and angel-backed startups that have been affected by COVID-19, BetaKit has learned. “Angels are in every province, every community across the country and so angels have reach where venture capital doesn’t.”. Multiple sources with knowledge of ...
Thin Air Labs taking startup support services to Toronto
WebJan 10, 2022 · Alberta’s Thin Air Labs says in four months it helped raise approximately $3 million CAD for Canadian startups through its Funding Catalyst program. Now, Thin Air is expanding its services to Toronto. “We see a need not just across Canada but across North America, and probably globally, to help companies navigate this type of funding source ...
BetaKit - Canadian Startup News & Tech Innovation
WebNov 27, 2023 · These three FinTech companies are hiring software developers in Canada. by Isabelle Kirkwood. Neo Financial, Float Financial, and Ripple are on the prowl for software engineers, devs. Canadian Startup News November 24, 2023.
ApplyBoard secures $70 million, pens deal to expand EdTech
WebSep 16, 2020 · Remote learning and travel restrictions are some of the reasons ApplyBoard has seen “huge acceleration.”. The $70 million all-equity extension came from non-profit education testing company Education Testing Services (ETS), Index Ventures, Blue Cloud Ventures, Harmonic Growth Partners, and other undisclosed investors.