Geoff Rush News
18.08 / 09:23
Blockchain
UPS
IPO
Canadian fintech investment plummets
Investment - including venture capital, private equity and merger and acquisition activity - totalled US$353.7 million across 57 deals. That's down from the US$1.09 billion invested across 87 deals in the second half of 2022, and US$834.1 million invested across 109 deals in the first half of 2022.
17.04 / 10:39
markets
UPS
Digital
Aware
Updates
Relationships
Why big banks and pension giants are likely breathing easier after the Liberal budget
Businesses and wealthy Canadians will be paying higher taxes but Canada’s largest banks and pension managers were most likely breathing a sigh of relief when they read Finance Minister Chrystia Freeland’s latest federal budget, which lays out next steps for competitive “open” banking and persuading pensions to invest more of their billions at home.
17.08 / 23:55
Blockchain
UPS
Canadian fintech invest plummets
Investment - including venture capital, private equity and merger and acquisition activity - totalled US$353.7 million across 57 deals. That's down from the US$1.09 billion invested across 87 deals in the second half of 2022, and US$834.1 million invested across 109 deals in the first half of 2022.Crypto and blockchain firms accounted for 15 investments, with seven AI companies picking up funds and six payments outfits also securing money.
17.08 / 15:21
Compilation
2020
valuations
Fintech investments plunge on weakest valuations since 2020, KPMG says
TORONTO — A report by KPMG in Canada says investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic.
21.09 / 02:13
Canadian fintech investment plummets
The drop from the first half of 2021 was even more marked, although that period was an outlier, seeing a bumper US$5.4 billion in investment across 108 deals.The majority of fintech investment in Canada in the first half of the year came from venture capital.
08.09 / 18:03
Canadian fintech investment plummets
The drop from the first half of 2021 was even more marked, although that period was an outlier, seeing a bumper US$5.4 billion in investment across 108 deals.The majority of fintech investment in Canada in the first half of the year came from venture capital.
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