Shopify is extending its successful buy now, pay later (BNPL) partnership with Affirm beyond the United States, bringing Shop Pay Installments to its home market of Canada and preparing for expansion into the United Kingdom. [Read more…] about Shopify Expands Shop Pay Installments with Affirm in Canada
Shopify
Minor Layoffs as Shopify Shutters Social Impact Initiatives in Line with Broader Trend
A team roughly one dozen strong was laid off from Shopify in January in a move that appears to reflect broader social trends across North America. [Read more…] about Minor Layoffs as Shopify Shutters Social Impact Initiatives in Line with Broader Trend
Shopify Shuts Down Yeezy Store After Kanye West Pulls Nazi ‘Stunt’
When Kanye West returned to X earlier this month, he immediately triggered waves. [Read more…] about Shopify Shuts Down Yeezy Store After Kanye West Pulls Nazi ‘Stunt’
Fortune Favours Shopify as Canadian Fintech Remains on ‘Future 50’ List
Since 2017, Fortune and Boston Consulting Group have conjured an annual list of companies that appear poised to grow long-term while also being prepared to innovate and adapt as an unpredictable future unfolds. [Read more…] about Fortune Favours Shopify as Canadian Fintech Remains on ‘Future 50’ List
Shopify Market Cap Cracks $200 Billion as E-Commerce Pioneer Reports Another Strong Quarter
Canada’s largest financial technology firm just got bigger.
Shopify, the Ottawa-based e-commerce innovator, saw shares spike more than 20% on the day following a strong quarterly earnings report, raising its market capitalization north of $200 billion. [Read more…] about Shopify Market Cap Cracks $200 Billion as E-Commerce Pioneer Reports Another Strong Quarter
Elon Musk and Shopify CEO Laugh Off Big Canadian Bank’s Commerce Launch
Last week, the Toronto-Dominion Bank announced a “full service e-commerce platform for Canadian small businesses.” [Read more…] about Elon Musk and Shopify CEO Laugh Off Big Canadian Bank’s Commerce Launch
Vancouver Fintech Teal Raises Seed Round to Power ‘Stripe for Accounting’
A company launched out of Vancouver last year with an idea to help smaller businesses build accounting products for their customers. [Read more…] about Vancouver Fintech Teal Raises Seed Round to Power ‘Stripe for Accounting’
‘Tax on Innovation’: Why the Biggest Fintech in Canada is Mad at Government
Since the storied Shopify started up back in 2006, growth has been the name of the game.
Although there have been hiccups—even Shopify was not immune to Pandemic-era turbulence—the Ottawa-born company is nothing short of a phenomenally successful tech story: In less than two decades, Shopify rose to become not just Canada’s biggest fintech, but among the largest companies in the nation across all sectors. [Read more…] about ‘Tax on Innovation’: Why the Biggest Fintech in Canada is Mad at Government
Three Trends Impacting the Trajectory of Canadian Fintech in 2024
We started the year 2023 in something like a state of chaos: Tech was in the middle of layoffs, remote work was in a tug-of-war with a return to physical offices, and generative artificial intelligence was just beginning its all-permeating takeover of newspaper headlines and humanity’s imagination. [Read more…] about Three Trends Impacting the Trajectory of Canadian Fintech in 2024
Canadian Fintechs, Investors Reel from NFT Collapse
In a recent discussion at a major technology conference about generative artificial intelligence, the topic of buzzwords arose.
In the technology space, we agreed, one constant is change—but change can be anything: good or bad, forward or backward, signal or noise. [Read more…] about Canadian Fintechs, Investors Reel from NFT Collapse