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Deal volume in Canada s FinTech sector fell by 50 percent in 2023

Canada's FinTech startups should brace for sustained sluggishness for the next six to eight months, according to a new report from KPMG.

British columbiaEdith hittDaniel eberhardCanadian fintechGeorges pigeonSaas oriented fintechSeveral canadianLuge capitalPulse of fintech

A|I: The AI Times – OpenAI employee secondary values company at least $80 billion

The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and automation news from around the globe.

United statesNew yorkUnited kingdomBritish columbiaSalmon armEric adamsJulian posadaSean oconnorCisco talosAllen lauEric duffyUniversity of albertaOffice of the privacyYale universityPrivacy commissionerFirewall game

EDC report says Canada is struggling to convert startups to scaleups

Welcome to BetaKit's startup stories of the week! Here, you will find the week's most important news, features, and editorials published on BetaKit.

British columbiaSalmon armAlex riehlAllen lauSean oconnorOrganization for economic cooperationUniversity of albertaOffice of the privacyVenture capital catalyst initiativeToronto stock exchangeCarleton universityEconomic cooperationTripple venturesConexus venture capitalTechbrew roboticsPrivacy commissioner

F|T: The FinTech Times – Procurify, Hiive secure new funding to tackle spend management & secondaries

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe.

Salmon armBritish columbiaAllen lauZach perretEric hartChris larsenSean oconnorBrad garlinghouseExchange commissionEuropean central bankVenture capital catalyst initiativeHr blockFintech timesFormer expediaCalgary based caary capitalMiami based jeeves

Procurify closes $68-million CAD Series C to invest in AI, global expansion of spend management platform

Vancouver-based spend management and procurement software startup Procurify has secured more than $68 million CAD ($50 million USD) in Series C funding.

British columbiaUnited statesRaman mannSteve lulaDevelopment canadaUnited states based fintechTen coves capitalExport developmentInformation venture partnersBoston based harbourvestCoves capitalExport development canadaHarbourvest partnersSpend management softwareProcurement software

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