Two Vancouver-based fintechs have reached an agreement.
Parvis Invest is acquiring Atlas One Digital Securities, the companies recently announced.
Parvis, a platform for private alternative investments founded in 2019 on blockchain technology, is acquiring Atlas One Digital, a fellow tech-forward financing firm founded in 2020, for approximately $5 million.
David Michaud, founder and chief executive officer of Parvis, believes that Canada “has the investor appetite for private markets” but lacks “the infrastructure to support it at scale.”
“That changes with this acquisition,” says Michaud, noting how Atlas One “has built a strong issuer network and a national investor base, and combining our platforms gives the market something it hasn’t had: a single, fully regulated environment for private market participation.”
The transaction “marks a defining step in building Canada’s most complete private investment marketplace,” stated Michaud.
Joining Parvis “is the right next step for Atlas One and for the investors and issuers we’ve worked hard to serve,” according to CEO George Nast.
“We’ve always believed in the potential of private markets to deliver real opportunity for Canadian accredited investors, and Parvis has built the infrastructure to make that vision scalable,” commented Nast.
Integrating Atlas One’s network of licensed Dealing Representatives and active issuer relationships into the Parvis platform increases the company’s capacity to originate, distribute, and support private market offerings across asset classes, according to a statement.
Both platforms have also invested in digital infrastructure including onboarding, KYC and AML processing, subscription management, and investor reporting.
“Together, we’ll offer greater product breadth, stronger compliance capabilities, and a national reach that neither of us could achieve alone,” stated Nast.
Shares in Parvis, which trades on the TSX-V as PVIS, have more than doubled in 2026.
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