Paystone raised additional $30M in growth funding from Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale. Crédit Mutuel Equity’s David Dickel will join Paystone board of directors.
Float Financial Solutions raised $4M seed funding from Golden Ventures, Susa Ventures, Global Founders Capital, Michael Hyatt, Garage Capital, and private investors. Silicon Valley Bank (SVB) provided additional $1M in venture debt funding.
Tetra Trust Company launched cryptocurrency assets custodian services, closed multi-financing rounds with Coinsquare, Coinbase Ventures, The Canadian Securities Exchange (CSE), Mogo Inc., Urbana Corporation, Caldwell Growth Opportunities Fund and others.
d1g1t Inc. secured $16M funding led by CI Financial Corp. with participation of NAventures, MissionOG, Purpose Financial, Illuminate Financial and others. Darie Urbanky, CI’s President & COO, joined d1g1t
board of directors.
ClearEstate secured $2.5M seed add-on funding from strategic investors including funeral home operators and launch partners for its platform. ClearEstate’ institutional backers included Diagram, Triangle Capital, Torstar and NAventures
Novacap, Nuvei CEO Philip Fayer, Caisse de dépôt et placement du Québec, Keith Birdsong (CTO), Mark Pyke (President of North America), Yuval Ziv (Managing Director of Digital Payments) to sell 7,165,377 subordinate voting shares at US $69.78 for US $500M in bought deal secondary offering
Postmedia Network acquired a minority stake in Wise Publishing, and entered into strategic partnership on initiatives such as providing Postmedia’s audience with access to increased personal finance content and tools while further building the MoneyWise brand.