An Ontario-born financial technology firm recently reported its quarterly earnings as the company expands its reach westward to B.C. Toronto’s Pineapple Financial, which operates a mortgage firm with an integrated network of partner brokerages and agents across Canada, describes Canada’s mortgage landscape as “highly challenging,” citing “persistently high-interest rates and suppressed consumer sentiment.” As a […]
News
Beatdapp Unveils Capital, Collabs to Improve Music Streaming for Everyone
Michael Nash, chief digital officer of Universal Music Group, may be stating the obvious when he observes how “streaming has been the most significant technology advancement in music in many years.” But what less Canadians are aware of is how the technology has become saturated with “fraud fuelled by a flood of uploads with no […]
ActiveState Appoints New CEO as Company Continues ‘Incredible Journey’
In 2023, private equity firm Vertu Capital announced the close of its inaugural fund, Vertu Partners Fund I, with more than $300 million in capital commitments from a range of institutional investors. Vancouver-born ActiveState Software, which supports enterprise software developers in the creation and management of apps that use open source programming languages, was last year […]
Later and Mavrck Become One Brand With a New Logo and Mission
Almost two years after Boston’s Mavrck acquired Vancouver’s Later, the two industry leaders are officially becoming one brand, with a new logo and mission. Mavrck, an award-winning influencer marketing solution, acquired Later, a leading social media management platform and link in bio tool, in April 2022. Under the united banner of Later, their three flagship products are: Later Social: a […]
The Best Tech Startup Employers Based in Vancouver
Forbes this month released its first-ever ranking of Canada’s Best Startup Employers. To determine the ranking, Forbes partnered with research firm Statista to identify a shortlist of more than 1,000 companies based in Canada. Startups were then evaluated based on three main criteria: employer reputation, employee satisfaction, and company growth. Data points were tallied into […]
Aquanow Bridging Traditional Finance and Crypto Currency Markets
When Vancouver-based Aquanow was named digital innovator of the year by CrossTech at the 2022 Innovation Awards, chief executive officer Phil Sham pointed out how digital asset markets are now 24/7, upending the flows of traditional finance. And that is exactly where he wants his company positioned. Advancing this position, Aquanow last year launched a Digital […]
Vistara Growth Invests $20 Million in Algo to Advance AI-Powered Supply Chain Solutions
Vancouver’s Vistara has invested $20 million in Algo, a leading AI supply chain SaaS provider of SaaS AI-based solutions for supply chain and demand planning in retail, CPG and manufacturing. Algo enables retailers, suppliers, distributors, and manufacturers to gain insight into their demand planning and inventory optimization processes, to supercharge their supply chains. Combining AI […]
Vancouver Magazine’s Power 50 Event To Unveil Hall of Fame Recognizing City’s Most Notable Changemakers
Vancouver Magazine’s Power 50 has recognized esteemed individuals across the city over the past 23 years, and this year they are changing the game again with a new honour: the Hall of Fame. Those who have received the recognition for 5 years or more will be unveiled at the awards ceremony on February 1st in support of their […]
Struggling with Financials, Nexii Building Solutions Seeks an Exit
Momentum has ground to a halt for a Vancouver-based designer and manufacturer of sustainable building products. Climate Smart company Nexii Building Solutions, which has recently been collaborating on projects, apparently has a lot of debt that it is struggling to pay off. Despite targeting a huge market—the building and construction industry accounts for 37% of […]
UBC Hatchling Acquired by ImageQuix for AI Image Editing Innovation
An AI-powered photo processing service founded in Vancouver is being acquired by ImageQuix, a provider of workflow and ecommerce software for the photography industry. Skylab, established by photographer TJ Rak and machine learning expert Alireza Shafaei, was acquired buy the USA firm for an undisclosed sum. Rak and Shafaei met at UBC. Their startup, launched […]