Canadian fintech start-up Nuula secures $120m funding
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
The new investment takes the start-up’s valuation up to $500 million.
CIBC will also become the exclusive issuer of Costco Mastercards in Canada.
The Canadian firm says the partnership will expedite cloud adoption and boost innovation.
Growth capital worth $30m will help expand the fintech’s US footprint.
Firm secures $80.75 million in Series E funding and $50 million in debt financing.
Apple will allow customers to pay in instalments to buy iPads, iPhones, and Macs.
Multi-year deal also features Broadridge’s Asset Servicing platform.
Canadian company brings total raised in 2021 to $78.7 million.
The company has partnered PayDo, Pollen Technologies, Sokin and XanderPay.
The deal will see CIBC utilise Microsoft Azure as its primary cloud platform.
Dan Dickinson to lead Canadian wine business after leaving bank.
The cooperative company says Mambu was the “clear choice” to modernise its core platform.
Free and open to banks, credit unions, fintechs, regulators, Big Techs, and other industry players.
The Canadian bank plans to move strategic internal workloads to AWS.
White replaces Galileo founder Clay Wilkes who will switch to vice chair.
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
Kamran Haidari joins as CTO and Braulio Lam will lead product innovation as CPO.
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The identity verification firm has now raised $474m in total.
Toronto-based start-up aims to solve “universal challenge for SMEs”.
The fintech started off as a robo-advisor back in 2014.
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The new funding is all headed towards building awareness in the market.
King brings funding, market entry, and growth expertise.
Canada is a difficult market for challengers to crack.
CWB extends a partnership with Temenos that stretched back to 2012.
Lonas joins to spearhead the firm’s product development.
Interac will use its e-Transfer service in the design, construction and maintenance of the system.
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The funding is a combination of equity and debt financing.
Jonathan Klein joins the neobank from Wayfair.
The incident compromised the data of nearly 9.7 million Canadians.
The acquisition strengthens its portfolio as an end-to-end digital payments solution provider.
The start-up hopes to speed up go-to-market times.
RTR marks a big step in modernising Canada’s payments system.
Former Absolute Software man joins up with Trulioo next week.
“The opportunity to reduce our total cost of ownership was a key driver,” says bank.
FundThrough aims to eliminate the “wait” for SME payments