Wealthsimple raises $750M; now valued at $5 Billion

TORONTO- Canadian online investment platform Wealthsimple announced it has raised a landmark $750 million in its latest round of funding, making it one of the largest private tech investments in Canadian history. The Canadian robo-advisory and DIY trading platform is the latest beneficiary of an interest in Canadian tech as well as global affinity to […]

Clearbanc rebrands as Clearco, raises $100 Million

TORONTO – The company formerly known as Clearbanc raised an additional $100 million in Series C equity funding, bringing its total valuation close to $2 Billion. The New York and Toronto based company, now officially Clearco, has rebranded itself to include its expanded business interests. The company also received US$250M of debt from Credigy. It intends to […]

Coinbase goes public with a $86 Billion valuation

NEW YORK – The cryptocurrency exchange Coinbase (NASDAQ: COIN) went public Wednesday afternoon at a valuation of nearly $100 Billion after many days of speculation among analysts and the general public. The exchange garnered interest due to its reputation and the recent surge in popularity of anything crypto based, particularly Bitcoins. The company listed its […]

Canva valuation increases to $15 Billion

SYDNEY – Australian design platform completed its latest round of funding, raising $71 million led by T. Rowe Price and Dragoneer, which includes several previous investors, at a $15 billion valuation. Canva, which says it remains profitable, also announced that its business passed $500 million in annualized revenue, up 130% from the year before, and […]