Tagged: toronto

CanTech Update: Equifax Partners with MaRS Discovery District to Explore Co-Development & Co-Innovation Opportunities

Equifax Canada (NYSE: EFX) has partnered with MaRS Discovery District, a Toronto-based innovation hub.  MaRS supports promising young ventures tackling key challenges in the health, cleantech, finance & commerce, and work & learning sectors. As a new corporate partner for MaRS’ FinTech Cluster, Equinox hopes to increase its participation… Read More

Brief: Toronto Fintech Startup nanoPay Secures $10M During Series A Funding Round

nanoPay, an early-stage fintech company based in Toronto that provides a secure, real-time payments platform, announced on Wednesday it has secured $10 million during a Series A funding round. Participants in the round reportedly included The Merchant Banking Division of Goldman Sachs, APAGM Services LLC… Read More

IBM Joins Fintech Hub in Toronto’s MaRS Discovery District

On Tuesday, technology giant IBM announced it is set to join the fintech hub in Toronto’s MaRS Discovery District. The high profile company is said to be the first technology resident that will be located in the space, which is occupied by mainly financial services… Read More

Bill Nye Filmmaking Labs Offer Up New Kickstarter Documentary Update

Last week, the Bill Nye Film crew shared some details about the Kickstarter-funded documentary project. The project surfaced on the crowdfunding platform last summer and captured $859,425 from 16,850 backers. According to a new update, the project has met up with various scientists to chat about Nye’s impact on… Read More

Canadian nTrust Links with MaRs Discovery District Fintech Hub: Leveraging Tech to Liberate Money

nTrust, a fintech platform that allows users to transfer money via mobile, tablet or desktop to anyone, anywhere, noted its induction into MaRS Discovery District’s Financial Technology (FinTech) Cluster. Bridging the gap between stakeholders and innovators, MaRS’ FinTech hub seeks to connect the financial services sector with… Read More

University of Toronto Innovation Lab Publishes Report: Current State of Toronto’s FinTech Innovation Ecosystem

Toronto has all the ingredients necessary to become a major fintech hub but is failing to compete with the likes of London and New York because it has not developed a proper ecosystem, according to the new report, “Current State of the Financial Technology Innovation… Read More

NexusCrowd Closes Online Investment Offering for Canadian Real Estate Project

On Tuesday, NexusCrowd Inc. announced that it has closed Canada’s first online investment offering for commercial real estate. The issue was quickly sold out with significant investor demand across the country and internationally. The project provided accredited investors with the opportunity to participate in the development of… Read More

Canadian Woman Fakes Rare Neurological Disease & Raises Over $125,000 on GoFundMe

On Friday, a Burlington woman named Cynthia Lynn Smith was accused of scamming backers on GoFundMe by faking a rare neurological disease known as Chronic Inflammatory Demyelinating Polyneuropathy. Authorities confirmed that Smith went as far as acting out symptoms to convince family and friends to help her… Read More

Toronto Woman Launches GoFundMe Campaign For Harvard University Tuition

Seeking the help from strangers near and far, Toronto resident Tonika Morgan launched a GoFundMe campaign to raise $50,000 for tuition to one of the most prestigious schools in the US, Harvard University. According to her campaign, Morgan was homeless and never had a chance to finish high… Read More

Creators of Exploding Kittens Seeks Testers to Try Out the Kickstarter Success Russian Roulette Card Game

While most backers have to wait in anticipation for their Kickstarter-backed card game, Exploding Kittens, its creators, The Oatmeal’s Matthew Inman along with Xbox’s Elan Lee and Shane Small, have decided to give fans of the already popular game a chance to try it out and offer… Read More

On the Move: OurCrowd’s CEO Announces New Office in Toronto

Last week, Israel-based OurCrowd announced it is planning to open a new office in Toronto. Now TechVibes has revealed more details about the equity crowdfunding platform’s move to Canadian borders. During the Canadian Crowdfunding Summit, CEO of OurCrowd Jon Medved shared information about the platform’s new… Read More

Toronto Humane Society Reveals No Funds Have Been Received from Indiegogo Kitten Campaign

Last month, a crowdfunding campaign surfaced on Indiegogo for a kitten by the name of Pedro. The kitten was less than 12 weeks old when he was thrown out the window of a vehicle near Canada’s Gardiner Expressway. Due to the impact, Pedro broke all… Read More

UPS Surprises 10-Year-Old Canadian Entrepreneur By Giving $8,700 Donation Toward Her Indiegogo Project (Video)

Back in October, 10-year-old entrepreneur and youngest member of Ryerson University’s Digital Media Zone Abi Smithson launched a crowdfunding campaign on Indiegogo to raise $15,000 for her Toronto-based woman footwear startup, Love Sandal. Explaining details about the company, Smithson wrote, “The Love Sandal was an idea… Read More

ForeverSpin Returns to Kickstarter For Second Campaign Within 12 Months; Scores Over $300,000

Canadian startup, ForeverSpin, is back on Kickstarter – and en route to another successful campaign! After breaking records earlier this year, the Toronto-based company has released a new line of metal spinning tops. This time around, ForeverSpin™ surpassed $300,000 and achieved over 6000% of its initial funding goal. In a… Read More

Update: Mass Fidelity’s The Core Hits $1M During Final Days On Indiegogo

With less than two days until its Indiegogo campaign comes to an end, Mass Fidelity’s The Core has scored  over $1 million dollars, thanks to its 3,155 backers. The Toronto-based startup announced it was extending its campaign earlier this month and continuing to be a huge… Read More

Customizable Furniture Maker, Massuni, Launches Crowdfunding Campaign

Toronto-based Massuni, manufacturer of customized furniture, announced this week the launch of its crowdfunding campaign on Kickstarter to complete development of new technology and an interface that allows users to design custom furniture online. Massuni’s intuitive configurator allows anyone to easily create unique furniture that fits their individual… Read More

Mass Fidelity’s Wireless Speaker System Dubbed Top-Funded Canadian Indiegogo Crowdfunding Campaign

Toronto-based tech startup, Mass Fidelity, debuted a crowdfunding campaign on Indiegogo last month for its new wireless speaker system, The Core, with a mission to raise only $48,000. During its 30-day run, the project exceeded its funding goal and also managed to receive $711,229 thanks to 2,000… Read More

Toronto’s Code4Armour Hits Indiegogo to Raise $50,000 For Wearable Medical Band; Reaches 25% of Funding Goal in Six Hours

Toronto-based startup Code4Armour launched a crowdfunding campaign on Indiegogo that invites people across North America to pre-order its service. Setting out to only receive $50,000, campaign reached 25% of its overall funding goal within the first six hours. The project is set to trigger awareness for the… Read More

Wireless Speaker System The Core Scores Over $500,000 During Final Days on Indiegogo; Announces New Colors & Demo

Just five days before its crowdfunding campaign on Indiegogo comes to an end, Mass Fidelity’s wireless speaker system The Core reached $503,253 all thanks to 1,425 backers. The device stands out due to it being dubbed the most “advanced wireless speaker system ever developed.” As previously reported,… Read More

Brief: Toronto Commuters Launch Crowdfunding Site To Raise Funds For New Transit Route

Refusing to allow the city to deny them the route of their dreams, a group of  Toronto commuters have launched LineSixTransit to ask backers to donate money for a bus that runs between the Union Station and Liberty Village on weekday mornings. The description of… Read More

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