Peloton Technologies has announced the closing of a seed round. The Victoria-based financial technology firm raised $2 million in investment, according to a recent statement from the company, which said that the funding is “earmarked for activities that contribute to the company’s rapid growth trajectory.” Although not a startup, technically—Peloton was established in 2011—the seed […]
Peloton Technologies
Victoria’s Peloton Acquires KIS to Grow Payments Platform in Canada
A financial technology firm based on Vancouver Island announced an acquisition this week. Victoria-born Peloton Technologies, whose mission is to simplify payments, says it has acquired KIS Payments, a Canadian payments processor. The acquisition evolved from KIS’ involvement in Peloton’s partner program, according to Craig Attiwill, who cofounded Peloton alongside Phil Leitch. Seeking company growth, […]
Victoria Fintech Finds Funding to Advance Digital Payments Platform
In July, the Pacific Economic Development Agency of Canada announced an investment of $8.1 million in funding to help six Greater Victoria organizations boost innovation, drive business growth, and create new jobs and opportunities. The investment included $2.2 million for two companies through PacifiCan’s Business Scale-Up and Productivity program. As part of the Business Scale-Up and Productivity Program, Peloton […]
Canada Invests Over $8 Million to Drive Innovation on Vancouver Island
The Honourable Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), has announced an investment of over $8.1 million in PacifiCan funding to help six Greater Victoria organizations boost innovation networks, drive business growth, and create new jobs and training opportunities. This includes $5.7 million […]