Identity platform Trulioo announced today partnership with an organization that Forbes recently named the best online bank in Canada (and not for the first time). Equitable Bank has selected Vancouver’s Trulioo for its Trulioo Identity Document Verification offering and other products that help streamline customer and business onboarding, according to a statement released by the firms. “Partnering […]
Life Sciences Growth in BC Challenged by Rising Labour Shortage: Report
In recent years, British Columbia’s life sciences sector has emerged as a significant driver of innovation and economic growth in the province. Since 2019, the sector achieved 27% growth in GDP, making it the fastest growing life sciences sector in Canada and outpacing the growth of the overall B.C. economy. Today, the sector is a […]
Burnaby’s Loop Energy to Amalgamate with Hydrogen Innovator H2 Portable
After losing 98% of its value since first trading on the Toronto Stock Exchange in 2021 and then laying off a majority of staff in 2023, Burnaby’s Loop Energy now intends to amalgamate with another B.C.-based company operating in the hydrogen space. Loop is amalgamating with H2 Portable Power Corp, the companies announced this week. Based in Chilliwack, […]
Another Exit for Vistara Growth as Sweden’s Nordic Capital Acquires Zafin
Zafin has been acquired by Sweden’s Nordic Capital, the companies announced this week. Founded in 2002, Toronto-born financial technology firm Zafin offers a software-as-a-service platform for banks and other financial institution, including CIBC, HSBC, and Wells Fargo. “This partnership is an absolute game-changer for the Zafin team and our customers,” believes chief executive officer Al […]
Technology Innovators in BC are Raising Capital to Grow in 2024
Vancouver boasts Canada’s third largest metropolitan area by tech employment, with a workforce nearly 150,000 strong, CompTIA’s State of Workforce found. The city gained almost 4,000 workers in 2023 alone. In fact, Vancouver has been home to Canada’s fastest-growing tech force for multiple years now, with techies representing an above-average 9% of the workforce. Employing this […]
Vancouver Fintech Sets Crosshairs on Leveraging ‘Transformative’ AI
Mogo this week announced that it has bolstered its partnership with Snowflake, a US Data Cloud company that expanded to Canada in 2022. Building on a multi-year relationship, Vancouver-based fintech Mogo will use Snowflake Data Cloud as the foundation for its wealth-based offerings. This strategic maneuver will increase the company’s processing time and efficiency, according […]
Dexa Raises Seed Funding to Build New Way of Seeking Knowledge Online
A Canadian entrepreneur has raised a sizeable round of seed funding for his startup, Dexa, which leverages artificial intelligence to offer “podcast assistants.” Calgary native Riley Tomasek launched Dexa last year after prior entrepreneurial stints at Vancouver startups Standard Resume and Flight (which was acquired by Figma). Tomasek and his team have secured $6 million […]
Local Content Creator to Reveal Secrets and Strategies at Thinkific Workshop
Justin Tse was born on Vancouver Island and grew up with work ethic, passion, and an aspiration to “live life in freedom by fully applying myself to something I truly enjoy every day.” Now 26 years old, Tse has been destined for the online content creation space—where he documents “the rapid and incredible development in […]
BC Outfitters Tap ALUULA to Craft Next Generation of Performance Gear
A Vancouver Island company developing high-performance composite materials is working with two of British Columbia’s most iconic outdoors outfitters on premium gear for the Canadian elements. Residing on the island, ALUULA Composites is the brainchild of a cohort of seasoned chemists and engineers united by zeal for outdoor exploration and adventure. Breaking the mold of […]
VoPay Launches AI Lab to Foster Innovation Around Predictive Analytics
A Vancouver-based provider of embedded financial technology solutions this week announced the inauguration of a state-of-the-art Artificial Intelligence Lab. BC fintech VoPay posits that this initiative could reshape the industry landscape through advancements in predictive analytics, robotic process automation, and managed services. “The launch of our AI Lab marks a pivotal step in VoPay’s journey,” […]